Train attack: FG loses N531m revenue in five months

The suspension of the Abuja-Kaduna train service within five months has cost the Nigerian Railway Corporation N531m in revenue loss, the Managing Director of the firm, Fidet Okhiria, has said.

He stated this in Lagos on Wednesday at a quarterly press briefing of the corporation.

He said the amount represented what could have been made through ticket sales for the standard gauge passenger train, which was attacked by terrorists about six months ago.

Since terrorists on March 28 attacked the Abuja-Kaduna train, killing eight people and abducting 62 passengers, it has not resumed operation.

Although many of those held hostage have been released in piecemeal, the Federal Government has said train service would not be restored on the route until all those still in captivity are released and adequate security measures put in place along the corridor.

Okhiria said, “We have lost N531m between March 28 when the train attack happened and August through the expected ticket sales on the suspended Abuja-Kaduna Train Service (AKTS).”

Although the NRC MD said the corporation had restored the damaged rolling stock and fixed the track, the train service would not resume without the safe release of the remaining passengers held hostage.

He said four railway workers were among those still being held captive.

He said, “We believe proper security measures should be put in place. Government has set up a committee to ensure maximum security for both train passengers and facilities during operation.

“The minister (of transportation) is leading the struggle for the safe release of those still in captivity. We could not go with force to ensure noone loses their life.”

Okhiria said the Lagos-Ibadan standard gauge train was running four trips daily, just as the other regular train service including Warri-Itakpe line.

“Lagos-Ibadan train service has not stopped running one day. It operates four daily trips. The Itakpe-Warri line runs two trains a day,” he said.