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The Nigeria Railway Corporation, NRC, has disclosed that the fares for Lagos-Ibadan and Lagos-Abeokuta train have been reviewed upwards.
Recall that the NRC had in August announced a reduction in the number of trips on the Lagos-Ibadan route due to an increase in the cost of diesel.
In a memo issued by the NRC, the train services for the Lagos-Ibadan route were hiked.
The memo read, “The new fare on Lagos – Ibadan Train Service (LITS),
“Lagos – Ibadan, and Ibadan – Lagos; First class (9,000), Business, (6500), Standard, adult (3600), minor (3000).
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“Lagos – Abeokuta, and Abeokuta – Lagos; First class (6,000); Business (4,500), Standard, adult (3,000), minor (2,000).
“Abeokuta – Ibadan, and Ibadan – Abeokuta; First class (3,000), Business (2,000), Standard, adult (1,000), Standard, minor (600).”
Meanwhile, the managing director of NRC, Fidet Okhiria, last week implied the hike in the cost of diesel and other logistics may impact the price of train services.
Okhiria justifying the need for the fare review said, “It is better to have it operating than not operating. It is the service we are providing but in order to provide it, everybody has to make some sacrifices.”