Business & Economy

Train travel rose by 52.88% in Q1 2024 as more Nigerians opted for rail transport – NBS

Published by
Kayode Ogunwale

Key Point

    • Rail travel in Nigeria increased by 52.88% compared to Q1 2023.
    • 675,293 passengers travelled via the rail system, up from 441,725 in Q1 2023.
    • 160,650 tons of goods were transported via rail in Q1 2024, compared to 59,966 tons in Q1 2023.
    • N2.06 billion revenue was generated.

 

In the first quarter of 2024, a significant increase in the number of Nigerians using rail transportation was recorded, according to data released by the Nigerian Railway Corporation (NRC) and published by the National Bureau of Statistics (NBS).

The data shows a 52.88 per cent rise in rail travel compared to the first quarter of 2023, reflecting a growing preference for rail transportation among Nigerians.

Passenger Traffic

In Q1 2024, a total of 675,293 passengers travelled via the rail system, up from 441,725 in the corresponding quarter of 2023. This increase highlights the expanding popularity and reliability of rail travel within the country.

Goods and Cargo Transport

The volume of goods and cargo transported via rail in Q1 2024 reached 160,650 tons, compared to 59,966 tons in Q1 2023. Additionally, the NRC reported an extra 8,000 tons of goods transported via pipeline during this period.

Revenue Generation

In terms of revenue generation, N1.42 billion was received from passengers during the reference period, marking an increase of 84.91 per cent from the N768.44 million recorded in the same quarter of the previous year.

Also read: Air travel costs up by 19%, intercity bus fares skyrocket by 78% year-on-year – NBS

Similarly, N607.32 million was collected from goods and cargo conveyed via rail in Q1 2024, up by 235.03 per cent from N181.27 million received in Q1 2023.

Revenue generated from the movement of goods/cargo via pipeline stood at N59.14 million in Q1 2024. Other receipts amounted to N25.40 million, indicating a decline of 25.65 per cent from the N34.17 million received in Q1 2023.

Rail Infrastructure in Nigeria

Railways in Nigeria consist of a 3,505 km Cape gauge national railway network and 669 km of standard gauge.

The Cape gauge network is in poor condition due to lack of maintenance. In 2019, the single operational standard gauge line from Abuja to Kaduna generated as much revenue as the entire Cape gauge railway network combined.

The Nigerian government plans to extend the standard gauge to replace most of the Western Line, while the Eastern Line will be rehabilitated as a Cape gauge line. All trains in Nigeria are operated by the Nigerian Railway Corporation.

Current Train Stations in Nigeria

At present, railways in the country have taken a new dimension by being augmented from the old classification to modern standards. The expansion of the rail lines now links many states and towns, enhancing transport expediency. The Western Line, which connects Lagos on the Bight of Benin to Nguru in the northern state of Yobe, spans the rail network in Nigeria.

Active Train Routes in Nigeria

The current active train routes in Nigeria include:

  • Lagos-Ibadan
  • Lagos-Abeokuta
  • Abeokuta-Ibadan
  • Abuja-Kaduna (under suspension for security reasons)
  • Warri-Itakpe
  • Iddo-Ijoko
  • Abuja Metro
Kayode Ogunwale

Kayode has covered the capital market since 2007 as a reporter and Capital Market Editor for major national dallies. He won the Capital Market reporter of the year award at the Nigeria Media Merit Award in 2011.

Recent Posts

U.S. Fed Holds Rates Steady at 4.25–4.50% Amid Trump Pressure

The U.S. Federal Reserve left its benchmark interest rate unchanged in the 4.25%–4.50% range on… Read More

4 hours ago

NIMC Completes Migration to NINAuth, Directs Nigerians to Telcos for All NIN-SIM Issues

The National Identity Management Commission (NIMC) has finalized the migration of all telecom operators in… Read More

4 hours ago

UAC Nigeria Plc posts 22.9% profit decline in H1 2025 despite strong top‑line growth

UAC of Nigeria Plc has reported a 22.9%  decline in profit-after-tax to ₦7.36 billion in H1 2025,… Read More

8 hours ago

Business File: Gov. Sanwo-Olu inaugurates newly elected chairmen of LGA and LCDA in Lagos

Business File: Gov. Sanwo-Olu inaugurates newly elected chairmen of LGA and LCDA in Lagos INEC… Read More

8 hours ago

Nigeria, Ghana, Other Sub-Saharan Nations Strengthening Gold Reserves Could Face Economic Crisis Soon- Fitch Report

Several Sub-Saharan economies currently strengthening their Gold reserves face the risk of an economic crisis… Read More

9 hours ago

NNPC Dismisses Report of Port Harcourt Refinery Sale, Commits to High-Grade Rehabilitation

The Nigerian National Petroleum Company Limited (NNPC Ltd) officially ruled out selling Port Harcourt Refining… Read More

9 hours ago