Saturday, September 12, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

NRC generated N1.42b from passengers in Q1 2024, says NBS

Robert Imoh by Robert Imoh
July 1, 2024
in Business, News
0

The Nigerian Railway Corporation generated N1.42 billion as revenue from passengers in Q1 of 2024, the National Bureau of Statistics (NBS) has said.

This is contained in the NBS Rail Transportation Data for Q1 2024 released in Abuja on Monday.

The report showed that the figure increased by 84.91 per cent compared with the N768.44 million generated in Q1 of 2023.

Similarly, it showed that N607.32 million was collected in Q1 2024 as revenue from goods/ cargos, this increased by 235.03 per cent from N181.27 million received in Q1 2023.

“Other receipts declined by 25.65 per cent from the N34.17 million recorded in Q1 2023 to N25.40 million recorded in Q4 2023.

The report said that the number of rail transport passengers in Q1 2024 stood at 675,293.

“This is higher than the 441,725 recorded in Q1 2023, representing a growth rate of 52.88 per cent. ”

The NBS said the volume of goods/cargo transported via rail in Q1 2024 stood at 160,650 tonnes compared to 59,966 tonnes recorded in Q1 2023.

The report said the corporation reported an additional volume of goods/cargo transported via pipeline which stood at 8,000 tons.

“In addition, revenue generated from the movement of goods/cargo via pipeline stood at N59.14 million in Q1 2024,” the report said.

Previous Post

Israel close to eliminating Hamas military capabilities in Gaza Strip – Netanyahu

Next Post

Sanwo-Olu urges more funding of state-owned education institutions from TETFUND

Next Post

Sanwo-Olu urges more funding of state-owned education institutions from TETFUND

UNIMAID Prof. killed in tragic home garage accident

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Zenith Bank

Zenith Bank Opens Digital and Branch Channels for Dangote Refinery Share Subscription

September 12, 2026

2027: Tinubu, Atiku, Obi, 15 others make INEC final presidential candidates’ list

September 12, 2026
PDP

Bamanga Tukur’s death reignites PDP factional rivalry

September 12, 2026
Nigeria

Fintiri mourns Bamanga Tukur, directs flags be flown at half-mast

September 12, 2026
Bamanga Tukur

Bamanga Tukur’s death ‘a great loss to Nigeria’ – David Mark

September 12, 2026
Bamanga Tukur

Bamanga Tukur dies three days to 91st birthday, for burial Sunday

September 12, 2026
Braimah

A historic Niger Delta investment summit holds in Port Harcourt, by Ehi Braimah

September 12, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.