The Federal Government has said that the charges on the new Lagos-Ibadan rail standard gauge would be between N3000 to N6000.
The Minister of Transportation, Rotimi Amaechi, disclosed this during an inauguration of the Governing Council of the Chartered Institute of Transport Administration of Nigeria (CIOTA) in Abuja on Friday.
The new train would begin operation by January, 2021.
The minister said, “I have received the mandate of President Muhammadu Buhari to inaugurate the Lagos/Ibadan rail project by January 2021 which will make Nigerians see the way the standard gauge railway looked like.
“Today I approved the charges on passengers from Lagos to Ibadan, we just transfer how we charged from Abuja to Kaduna.
“We charge N3,000 per Economy seat, N5,000 for Business class, and N6,000 for First class, the same is applicable to Lagos to Ibadan.
“It should have started running by now before Mr. President inaugurates it by January.”
Amaechi said that his ministry would collaborate with CIOTA in order for them to achieve their objective.
The minister added that CIOTA was critical to the development of transportation in Nigeria, saying that the institute has started the process of making transportation a “professional sector” in Nigeria.
The National President and Chairman of Council, Dr. Bashir Jamoh, said this during the 2nd National Transport Summit, annual general meeting, and the inauguration of the governing council in Abuja.
Jamoh added that the move was to ensure that the sector achieved the global best standards and practices.
