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    MarketForces Africa » MarketForces News » Tinubu Approves Free 2-month Ride on Abuja Rail Mass Transit – Wike
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    Tinubu Approves Free 2-month Ride on Abuja Rail Mass Transit – Wike

    Julius AlagbeBy Julius AlagbeMay 23, 2024No Comments3 Mins Read
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    Tinubu Approves Free 2-month Ride on Abuja Rail Mass Transit – Wike
    Nyesom Wike
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    Tinubu Approves Free 2-month Ride on Abuja Rail Mass Transit – Wike

    President Bola Tinubu has approved a two-month free ride on the Abuja Rail Mass Transit, also known as Metro Line, Mr Nyesom Wike, Minister of Federal Capital Territory (FCT), has said.

    Wike made the disclosure in Abuja on Thursday, during the Ministerial Sectoral Update on the performance of Tinubu’s administration in the last one year.

    He said that the metro line would be inaugurated May 27, by Tinubu, and thereafter, opened for public use for free in the first two months.

    He explained that although the building of the Abuja Rail Mass Transit system was commissioned by the immediate past administration, the services were not rendered to the public.

    The minister said that the current administration had rehabilitated the system and would be inaugurated for commercial operations.

    “So many people have said that the government has commissioned it before. We are not talking about commissioning of buildings; we are commissioning the commercial operations.

    “We have commissioned it before, but was it in use? Why was it not in use? he asked.

    “So, those of you saying it was commissioned, please don’t make a mistake, what was commissioned was the building, and we are not commissioning the building.

    “What we want to commission is the commercial operation and we are going to allow free rides for two months. That is a renewed hope agenda,” he said.

    The minister also said that there was no access road to all the train stations, a development he said had impeded the commercial operation of the metro line.

    He added that rejuvenating the rail transport system was in line with the directive of President Tinubu, who said he wanted to ride on the metro line.

    “To the glory of God, on Monday May 27, Mr President will ride on that metro line.

    “So, when Mr President rides on Monday, you will take your turn on Tuesday. It is for you and not for Mr president,” he said.

    He said that all access roads to all the stations have been constructed, including car parks where passengers would comfortably park their cars, travel, come back and carry their cars home.

    Wike added that the Tinubu administration had equally reduced the contract for the training of the manpower for the operation of the train from 128 million dollars to 75 million dollars.

    This, he said, had saved the government 53 million dollars. #Tinubu Approves Free 2-month Ride on Abuja Rail Mass Transit – Wike

    FG re-launches National Information Portal

    Bola Ahmed Tinubu wike
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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