Increased Adoption Of Rail Travel Drives Nigerian Railway Revenue To ₦1.69 Billion In Q2 – NBS

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Naijanews Sept. 20, 2024 9:18 a.m.

Increased Adoption Of Rail Travel Drives Nigerian Railway Revenue To ₦1.69 Billion In Q2 – NBS

The report also highlighted a rise in freight transport, with 143,759 tons of goods moved by rail in Q2 2024, significantly higher than the 56,936 tons transported during the same period in 2023.

Revenue from goods transported by rail surged to ₦537.36 million in Q2 2024, reflecting a remarkable 206.68% growth compared to ₦175.22 million in Q2 2023.

Pipeline transportation also saw a rise in revenue, generating ₦42.08 million in Q2 2024, up from ₦12.81 million in the previous year..

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