Wednesday, September 17, 2025
Home Business RAIL TRANSPORT PASSENGERS DECLINED BY 53.65% IN Q1 2023

RAIL TRANSPORT PASSENGERS DECLINED BY 53.65% IN Q1 2023

The National Bureau of Statistics has disclosed that rail transportation passengers declined by 53.65 per cent from 953,099 in the first quarter of 2022 to 441,725 in the first quarter of 2023,

This was disclosed by the National Bureau of Statistics, in its just-released Rail Transport report for first quarter 2023.

The statistics body added that a total of 59,966 tonnes of goods were transported in the first quarter of 2023, compared to 39,379 tonnes reported in the same quarter of 2022.

In terms of revenue generation, N768.44 million was received from passengers over the period, a decrease of 63.02 per cent relative to N2.08 billion in the same quarter of the previous year.

Similarly, N181.27 million was collected in Q1 2023 as revenue from goods/cargos, up by 99.28% from N90.96 million received in Q1 2022.

“In addition, other receipts amounted to N34.17 million, indicating a decline of 41.02% in Q1 2023, from the N57.92 million collected in Q1 2022.”

Following the terrorist attack on the train that occurred on March 28th, 2022, train trips were temporarily suspended on the Abuja to Kaduna corridor.

RELATED ARTICLES

INSURANCE LITERACY DRIVE: NAICOM, SDGs SYNERGY INITIATIVE MOVE TO PROMOTE INSURANCE LITERACY.

  The National Insurance Commission (NAICOM) and the Sustainable Development Goals (SDGs) Synergy Initiative are set to deepen collaboration aimed at strengthening youth participation in...

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA – FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA - FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers   The Federal Competition and Consumer Protection Commission says...

NAICOM, FINTECH ASSOCIATION PARTNER TO DRIVE INSURANCE DIGITALIZATION

  In a move to accelerate the digital transformation of Nigeria’s insurance sector, the National Insurance Commission (NAICOM) has entered into collaboration with the FinTech...

Most Popular

INSURANCE LITERACY DRIVE: NAICOM, SDGs SYNERGY INITIATIVE MOVE TO PROMOTE INSURANCE LITERACY.

  The National Insurance Commission (NAICOM) and the Sustainable Development Goals (SDGs) Synergy Initiative are set to deepen collaboration aimed at strengthening youth participation in...

$134M AGRIC PROGRAMME NAIDA REJECTS ALLEGATIONS OF MISMANAGEMENT

  The Nigeria Agro Input Dealers Association, NAIDA, has dismissed reports alleging fraud in the African Development Bank–funded $134 million agricultural programme, NAGS-AP. In a statement,...

FG MOVES TO REVITALIZE SILOS CONCESSION PROGRAMME TO BOOST FOOD SECURITY

  The Federal Government says it is set to revitalize the Silos Concession Programme as part of efforts to curb post-harvest losses, strengthen food storage...

INDIAN BUSINESSMAN, THREE OTHERS ARRESTED OVER N3.9BN TRAMADOL AT LAGOS AIRPORT …AS NDLEA UNCOVERS SKUCHIES FACTORY, NABS COUPLE WITH 19KG DRUGS IN ANAMBRA,...

The National Drug Law Enforcement Agency (NDLEA) has arrested an Indian businessman, Gupta Ravi Kumar, and three Nigerian accomplices over the importation of 2,248,000 pills...

Recent Comments