Nigeria’s rail transport passenger revenue has hit a three-year high record of N1.95 billion in the first quarter of 2025, when compared to the same quarter in 2023, indicating a 153.8 percent increase.
Recent data from the National Bureau of Statistics (NBS) showed that rail transport generated revenue of N768.4 million and N1.42 billion in 2023 and 2024, respectively, which reflects the growing number of passengers using the country’s rail system, ongoing investments in railway modernisation and expansion projects across key corridors.
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It showed that in Q1 2025, a total of 929,553 passengers travelled through the rail system, relative to 675,293 and 441,725 reported in the corresponding quarters of 2023 and 2024, respectively, representing a 110.4 percent increase over the period.
It also showed that the volume of goods/cargoes transported stood at 181,520 tons, and generated N657 million from goods/cargoes conveyed via the rail system.
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“Similarly, N657.03 million was received from goods/cargoes conveyed, up by 8.19 perecent from N607.32 million in Q1 2024. In addition, Other receipts amounted to N115.68 million, indicating an increase of 355.39 percent in Q1 2025 from the N25.40 million received in Q1 2024,” the data showed.
