• Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
Friday, July 25, 2025
  • Login
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
No Result
View All Result
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
No Result
View All Result
No Result
View All Result

House of Representatives Sounds Alarm on Nigerian Railway Corporation’s Revenue Decline Amidst Ticket Racketeering Concerns

ONUAH YVONNE by ONUAH YVONNE
November 23, 2023
in Top Stories
0
House of Representatives Sounds Alarm on Nigerian Railway Corporation’s Revenue Decline Amidst Ticket Racketeering Concerns

In a recent session held on Wednesday, the House of Representatives raised concerns regarding the dismal earnings of the Nigerian Railway Corporation (NRC). The revelation surfaced during discussions on the 2024–2026 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) in Abuja, led by the House of Representatives Committee on Finance, chaired by Hon James Faleke.

According to reports by Naija News, the Office of the Accountant General for the Federation disclosed that the NRC remitted only N345 million in income for the fiscal year 2023, covering the period from January to September.

During the interactive session, Fidet Okhiria, the Managing Director of the National Research Council, addressed the committee’s concerns. Hon James Faleke, in his remarks, raised the issue of social media footage allegedly showing NRC employees engaging in ticket hawking.

In response to the committee’s inquiries, Okhiria acknowledged the involvement of NRC employees in ticket racketeering, leading to substantial revenue losses. He emphasized that the implementation of e-ticketing had been approved by the government as a solution to this problem.

Okhiria further explained that appropriate actions had been taken against those involved in ticket racketeering, with demotions for minor offenses and dismissals for more serious offenses.

Despite these measures, Faleke expressed reservations about the revenue generated by the NRC, emphasizing the need for corrective actions to ensure a significant contribution to the nation’s finances from the railway corporation.

The revelation of poor earnings and concerns about ticket racketeering within the NRC underscores the challenges faced by the railway sector in Nigeria and the importance of implementing effective solutions to enhance revenue and curb illicit activities among its employees.

Tags: HOUSE OF REPRESENTATIVEnigeria
ONUAH YVONNE

ONUAH YVONNE

Next Post
Senate Promises Legislation to Mandate Electronic Transmission of Election Results

Senate Initiates Amendment of Cybercrime Act Amid Rising Financial Losses to Cybercrime; Stakeholders Contribute Insights

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

APC New Chairman Yilwatda Pledges Party Unity, Expansion Ahead of 2027 Elections
Top Stories

APC New Chairman Yilwatda Pledges Party Unity, Expansion Ahead of 2027 Elections

by ONUAH YVONNE
July 24, 2025

Newly appointed All Progressives Congress National Chairman, Professor Nentawe Yilwatda, has committed to unifying the ruling party nationwide and expanding...

Read more
Presidency Debunks Claims of Microsoft’s Shutdown in Nigeria, Accuses Peter Obi of Sensationalism

Pessu Family Petitions Tinubu, INEC Over Land Ownership Dispute in Warri

July 24, 2025
DAVOS 2025 And Nigeria’s Audacious Push For Growth

Shettima Hails Tinubu’s Courage in Ending Fuel Subsidy Despite Oil Cabal Resistance

July 24, 2025
2023: Tinubu’s Close Ally Gives Verdict On Ganduje Being Picked As Presidential Running Mate

We Can Still Take Him as Consultant” – Tinubu on Retaining Ganduje After Resignation

July 24, 2025
APC Appoints Nentawe Yilwatda as New National Chairman

APC Appoints Nentawe Yilwatda as New National Chairman

July 24, 2025
U.S. Conducts Military Strikes on Iranian Nuclear Facilities

Federal Appeals Court Rules Trump’s Birthright Citizenship Order Unconstitutional

July 24, 2025
Peter Obi To Challenge Election Outcome At Supreme Court

Ohanaeze Faction Urges Peter Obi to Abandon 2027 Presidential Bid, Support Tinubu’s Re-election

July 24, 2025
China Denounces US Withdrawal from UNESCO as “Irresponsible” Action

China Denounces US Withdrawal from UNESCO as “Irresponsible” Action

July 23, 2025
NiDCOM Condemns Killing of Two Nigerian Traders in South Africa, Demands Justice

NiDCOM Condemns Killing of Two Nigerian Traders in South Africa, Demands Justice

July 23, 2025
PRESIDENT BOLA TINUBU

Tinubu Appoints New Commissioner to Law Reform Commission as Senate Confirms Leadership

July 23, 2025
Nigerian Telecoms Warn of Service Collapse as Infrastructure Vandalism Reaches Crisis Levels

Nigerian Telecoms Warn of Service Collapse as Infrastructure Vandalism Reaches Crisis Levels

July 23, 2025
Ebonyi Governor Declares Tinubu’s Presidency Divinely Ordained, Dismisses Opposition Coalition

Ebonyi Governor Declares Tinubu’s Presidency Divinely Ordained, Dismisses Opposition Coalition

July 23, 2025
Datti Baba-Ahmed Sets Conditions for 2027 Presidential Bid, Pledges Loyalty to Peter Obi

Datti Baba-Ahmed Sets Conditions for 2027 Presidential Bid, Pledges Loyalty to Peter Obi

July 23, 2025
Nigerians in U.S. Gripped by Fear as Trump’s Crackdown on Undocumented Immigrants Intensifies

US Issues Stern Travel Warning Against Nigeria, Cites Security Threats and Healthcare Deficiencies

July 23, 2025
Senator Natasha Akpoti-Uduaghan Sues Senate Deputy Chief Whip Nwebonyi for N5 Billion Over Defamation

Senate Spokesperson Denies Personal Dispute Between Akpabio and Suspended Senator Akpoti-Uduaghan

July 23, 2025

Categories

  • Blog
  • Business
  • Cartoon
  • Celebrity Gist
  • Education
  • Entertainment
  • Foreign News
  • Health
  • Interview
  • Opinion
  • Politics
  • Special Features
  • Sports
  • Technology
  • Top Stories
  • Videos

Tags

#EndBadGovernance protest 2023 election 2027 general elections Abuja apc buhari cbn court EDO STATE EFCC election fct federal government FRAUD Governor Siminalayi Fubara inec INSECURITY KANO STATE kidnapping kogi state labour party lagos lagos state minimum wage modern national assembly news nigeria nlc NNAMDI KANU NYESOME WIKE nyesom wike ONDO STATE PDP PETER OBI politics PRESIDENT BOLA AHMED TINUBU president bola tinubu PRESIDENT TINUBU PROTEST QUICKTELL NEWS rivers state soledad supreme court tinubu
  • Home
  • Privacy Policy
  • About us
  • Contact us

© 2024 QuickTell News

No Result
View All Result
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog

© 2024 QuickTell News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In