The use of train by Nigerians rose in Q2 2021, with passenger traffic hitting 422.35 percent growth year-on-year as operation of the railway sector exited COVID-19 grip.

In Q2 last year, the Nigerian Railway Corporation (NRC) recorded 108,238 passengers, but railway traffic rose to
565,385 passengers in Q2 2021.

On a quarter-on-quarter basis, the passengers travel rate grew by 33.20 percent as Q1 2021 recorded 424,460 passengers, National Bureau of Statistics (NBS) Rail Transportation Data Q2 report showed.

Revenue generated during Q1 to Q2 periods

The NRC generated N2.1 billion between First Quarter 2021 to Second Quarter same year, with the former grossing N892.47 million, while the latter earned N1.08 billion from passengers.

The COVID-19 and lockdown period had heavily impacted on the turnover of the NRC, as the government restricted
railway movement, alongside airspace and road transport.

During the thick period of the pandemic, April to June (Second Quarter 2020), was when NRC recorded its lowest passenger revenue of N320.34 million, while Q2 2021 generated the highest, which is N1.08 billion.

Meanwhile, receipts from non-passenger business, Goods and cargo, generated N71.56 million and N26.19 million in Q2 2021 and Q1 2021 respectively.

Other income generated by NRC in the last six months was put at N41 million. The year-on-year and quarter-on-quarter revenue growth reflects the recovery of the railway sector from the negative impact of COVID-19.

Moferere:
Bring your profit to FAAC if you are sure of yourself.
Like the Nigerian Customs Service, they only make profits on the pages of newspaper.

seunmsg:
This is really very exciting. Once all other ongoing railway projects are completed, the effect on the economy will be very huge. Buhari's massive investment in building rail network is finally paying off. If we can sustain the current level of investment in infrastructure for another 10 years, Nigeria will become one of the top twenty developed countries in the world.

Patrioticman007:
This is another project GEJ the clueless president started & PMB the blood sucker completed it and Amechi the long throat is collecting the money.

seunmsg:
This is really very exciting. Once all other ongoing railway projects are completed, the effect on the economy will be very huge. Buhari's massive investment in building rail network is finally paying off. If we can sustain the current level of investment in infrastructure for another 10 years, Nigeria will become one of the top twenty developed countries in the world.

Patrioticman007:
This is another project GEJ the clueless president started & PMB the blood sucker completed it and Amechi the long throat is collecting the money.

Philipxxxx0:
Do you know why this amount is coming out ?, because of increasing insecurity in the country, many people are using train to travel or plane, going to Abuja from Kaduna is 1000 using car, but using train is 3000, if not insecurity nobody will use extra 2k to travel to Abuja from Kaduna.

Patrioticman007:
This is another project GEJ the clueless president started & PMB the blood sucker completed it and Amechi the long throat is collecting the money.

mfm04622:


Lagos-Ibadan railway is a major contributor to this money. Which insecurity are you talking about on Lagos-Ibadan?
Also, when was the last time you heard of insecurities on Abuja-Kaduna expressway? When? So how is insecurities contributing to this?