The Nigerian Railway Corporation (NRC) has recorded a growth of 45.38 per cent in passengers who travelled through the rail in second quarter of 2024.
This data was released by the Nigerian Bureau of Statistics (NBS) in its Rail Transportation Data (Q2 2024) released at the weekend.
In Q2 2024, a total of 689,263 passengers travelled via rail system relative to 474,117 reported in the corresponding quarter of 2023, indicating a growth rate of 45.38%.
The NRC also in terms of revenue generation, N1.69 billion was received from passengers during the reference period, showing an increase of 53.14 per cent from the N1.10 billion recorded in the same quarter of the previous year.
The volume of goods/cargo transported via rail in Q2 2024 stood at 143,759 tons compared to 56,936 tons recorded in Q2 2023.
In the quarter under review, the NRC reported an additional volume of goods/cargo transported via pipeline which stood at 5,940 tons, higher than 2,856 tons in Q2 2023.
Similarly, N537.36 million was collected from goods/cargo con veyed via rail in Q2 2024, up by 206.68 per cent from N175.22 million received in Q2 2023.
In addition, revenue generated from the movement of goods/cargo via pipeline stood at N42.08 million in Q2 2024, higher than the N12.81 million reported in the corresponding period of last year.
Other receipts amounted to N994.68 million, indicating an increase of 5,206.68 per cent in Q2 2024 from the N18.74 million received in Q2 2023.
