Nigeria's Rail Passenger Revenue Hits 3-Year High in Q1 2025
Nigeria's rail transport passenger revenue hit a 3-year high of N1.95 billion in the first quarter of 2025, marking a 153.8% increase compared to the same period in 2023. The National Bureau of Statistics (NBS) data reveals a growth in passenger and cargo transport, with a total of 929,553 passengers traveling via the rail system in Q1 2025.
The volume of goods transported stood at 181,520 tons, generating N657 million. The increase in revenue is attributed to ongoing investments in railway modernization and expansion projects across key corridors in Nigeria.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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