Bayelsa Times

Railway Corporation generates N5.70bn from passengers in 2021


The Nigerian Railway Corporation generated N5.70 billion revenue from passengers in 2021, the National Bureau of Statistics (NBS) has said.

This is contained in the NBS Rail Transportation Data for 2021 released in Abuja on Wednesday.

The report revealed that the total revenue generated from passengers in 2020 was N1.75 billion.

The 2021 revenue, the NBS said, represents a 226.44 per cent increase.

The report revealed that the total revenue generated in 2020, amounting to a 226.44 per cent increase.

The bureau said that over 2.7 million  passengers travelled by train in 2021 compared to 1 million recorded in 2020, representing a 166.03 per cent increase.

Similarly, the report showed a total of 168,301 tonnes of goods were transported in 2021 as against 87,440 recorded in 2020, showing a growth rate of 92.48 per cent.

In addition, the report showed the revenue generated from goods in 2021 amounted to N317.57 million, higher by 12.87 per cent compared to N281.35 million in 2020.

“Other income receipts in 2021 stood at N66.80 million, higher than the N5.19 million recorded in the preceding year.”

Related posts

London police arrest  Ekweremadu, wife over links with organ harvesting

Saheed Busari

God still cares for you, says Adeboye

Saheed Busari

Edo govt. trains herbal healers on hygiene, modern skills

Saheed Busari

Oba of Benin warns against  diversion of repatriated artefacts

Saheed Busari

African Women Leadership Organization to host women summit in Arusha, Tanzania

Saheed Busari

Improved emolument, working environment will reverse preponderance of brain-drain – Okowa, Enabulele

Saheed Busari

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.