Nigeria: Passengers With Old Naira Notes Barred From Mass Transit Trains in Lagos

20 February 2023

The Nigerian Railway Corporation(NRC) has barred passengers wishing to patronise the Narrow gaude, Lagos Mass Transit Train (LMTT) service from using old naira notes to purchase tickets.

This is as it said, only passengers with new N1,000, N500 notes and other smaller denominations can purchase tickets at a flat rate of N460 per passenger destined for Iddo from Ijoko and Iddo.

Consequently, passengers with the old naira denominations except N50, N100 and N200, are now allowed to purchase tickets forcing many to return back to their homes last Thursday while those who could afford the exorbitant fares charged by commercial bus drivers and taxis opted for the road mode.

The directive to accept only new naira notes from passengers is coming after last Monday's two and half hour delay of the Kajola/Ijoko to Iddo Lagos Mass Transit Train service due to the initial insistence of management to collect new naira notes which was later reversed.

LEADERSHIP findings, however, shows that, since commencement of enforcement of the new regime to collect only new naira notes from intending passengers last Thursday, only few passengers boarded the train from Kajola/Ijoko to Iddo and back.

It was observed that, the two daily Lagos mass transit trains from Kajola/Ijoko to Iddo had few passengers on board the trains as many passengers did not have access to the new naira notes.

One of the regular passengers of Lagos mass transit train service, Mr. Ojo Lateef said, the railway is a social service and should not be operating as a private sector organization.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.