NRC’s revenue from passengers dropped

By Abubakar Yunusa Abuja

The National Bureau of Statistics (NBS) says the total revenue generated by the Nigerian Railway Corporation (NRC) from passengers dropped by N1.31 billion in the first quarter (Q1) of 2023. The figure represents a decline of 63.02 percent relative to the corresponding quarter of 2022.

The latest NRC data is contained in a new report by the NBS, titled, ‘Rail Transportation Data Q1, 2023’.

The report said 441,725 passengers travelled via the rail system in Q1 2023 as against 953,099 recorded in the same quarter last year.

‘The rail transportation data