Executive Summary
In Q2 2023, a total of 474,117 passengers travelled via rail system, relative to 422,393 reported in the corresponding quarter of 2022, indicating a growth rate of 12.25%. The volume of goods/cargos transported in Q2 2023 stood at 56,029 tons, compared to 31,197 tons recorded in Q2 2022. In terms of revenue generation, N1.10 billion was received from passengers during the reference period, showing an increase of 83.88% from the N598.74 million recorded in the same quarter of the previous year. Similarly, N188.03 million was collected from goods/cargos conveyed in Q2 2023, up by 105.04% from N91.70 million received in Q2 2022. In addition, other receipts amounted to N18.74 million, indicating a decline of 62.31% in Q2 2023 from the N49.73 million collected in Q2 2022.
Data source: National Bureau of Statistics
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