• About
  • Advertise
  • Contact
Saturday, May 31, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Transport

Nigeria Railway Corporation Generates N715mln In Q3 2022 – NBS

Vital News by Vital News
April 18, 2023
in Transport
0
NRC Adopts Engagement To Tackle Encroachment On Property
Share on FacebookShare on Twitter

 

By Okeoghene Akubuike

The Nigerian Railway Corporation (NRC) generated N715.09 million in revenue from passengers in Q3 of 2022, the National Bureau of Statistics (NBS) says.

This is contained in the NBS Rail Transportation Data for Q3 and Q4 2022 released in Abuja on Tuesday.

The report showed that the figure dropped by 60.52 per cent compared to the N1.81 billion received in Q3 of 2021.

RelatedStories

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

Five Children, 14 Others Perish In Kogi Road Accident

Gov. AbdulRazak Mourns As 27 Traders Perish In Fresh Kwara Boat Mishap

Benue Launches Nigeria’s First Solar-powered Commercial Taxi Fleet

Similarly, it showed that N101.84 million was collected in Q3 2022 as revenue from goods/ cargos, this dropped by 7.04 per cent from N109.56 million received in Q3 2021.

“Also, other receipts grew by 707.31 per cent in Q3 2022 from the N14.61 million recorded in Q3 2021”.

The report further showed that the number of rail transport passengers in Q3 2022 dropped by 500,348.

“This is lower than the 696,841 recorded in Q3 2021, representing a growth rate of -28.20 per cent”.

In addition, the report showed that 33,312 tonnes of goods were transported in Q3 2022, compared to 51,726 tons reported in Q3 2021.

The report said the corporation generated revenue of N1.15 billion from passengers in Q4 2022, which indicated a decrease of 39.54 per cent in Q4 2021 which recorded N1.91 billion.

Also, it said revenue generated from goods in Q4 2022 was N157.23 million, which was higher by 63.56 per cent compared to the N96.13 million reported in Q4 2021.

It said other income receipts stood at N382.17 million, an increase of 3,316.18 per cent from the N11.19 million recorded in Q4 2021.

The report said in Q4 2022, the number of passengers increased by 30.10 per cent from 1.03 million persons recorded in Q4 2021 to 1.34 million persons in Q4 2022.

It said the volume of goods transported decreased by 1.50 per cent in Q4 2022.

“However, on an annual basis, the number of passengers increased by 18.36 per cent.” (NAN/vitalnewsngr.com)

 

 

Tags: passengersQ3railwayrevenue
Previous Post

Olabisi, Principal Witness In ‘Dibu Ojerinde’s N5.2billion Corruption Case Is Dead

Next Post

Court Reinstates Ararume As NNPCL Chairman, Awards Him N5bln As Damages

Vital News

Vital News

RelatedStories

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others
News

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

May 28, 2025
Five Children, 14 Others Perish In Kogi Road Accident
News

Five Children, 14 Others Perish In Kogi Road Accident

May 26, 2025
Kwara To Administer Drug Test On 1,800 Newly Recruited Teachers
News

Gov. AbdulRazak Mourns As 27 Traders Perish In Fresh Kwara Boat Mishap

May 18, 2025
Benue Launches Nigeria’s First Solar-powered Commercial Taxi Fleet
Transport

Benue Launches Nigeria’s First Solar-powered Commercial Taxi Fleet

May 6, 2025
Two Boat Operators Arraigned For Negligence Leading To Death Of 19 Passengers
Judiciary

Two Boat Operators Arraigned For Negligence Leading To Death Of 19 Passengers

April 30, 2025
Next Post
Kogi vs EFCC : Agbakoba Heads To  Court To Challenge Scope Of Powers Of EFCC

Court Reinstates Ararume As NNPCL Chairman, Awards Him N5bln As Damages

INEC To Present Certificate Of Return To Senators-elect, House Of Reps Member-elect March 7, 8

INEC To Write Buhari, IG-P To Sack,  Arrest Adamawa REC 

Kogi vs EFCC : Agbakoba Heads To  Court To Challenge Scope Of Powers Of EFCC

Court Refuses To Hear Binani’s Motion On Adamawa Guber Polls

Leave a Reply Cancel reply

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

Follow Us

Recommended

Terrorists Kill 20 Nigerian Soldiers In Attack On Military Camp In Borno

RSM Condemns Killings In Benue, Plateau, Suggests Community Policing To Protect Locals

1 month ago
Kogi Introduces In – house Training For Admin, Executive Officers, Ties  Promotion To Performance

Kogi Introduces In – house Training For Admin, Executive Officers, Ties Promotion To Performance

7 months ago
OPEN LETTER TO SIR KESSINGTON ADEBUTU by Israel Jolaosho

OPEN LETTER TO SIR KESSINGTON ADEBUTU by Israel Jolaosho

2 years ago
Bandits Kill 8 Persons In Another Attack On Southern Kaduna

Bandits Kill 8 Persons In Another Attack On Southern Kaduna

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

INEC Fixes July 20 And August 8, 2026 For Ekiti, Osun Governorship Elections

Kwara Community Unites Against Female Genital Mutilation, Declares Zero Tolerance

NGF Expresses Sympathy, Solidarity As Flood Devastates Mokwa Community In Niger State

21 Die, 10 Missing In Niger Flood Disaster

Sidi Ould Tah Elected New President Of AfDB

President Tinubu Appoints Former Speaker, Yakubu Dogara As Chairman Of NCGC

Trending

National Sports Festival Suffers Postponement Again, Now To Open May 16
Sports

Delta, Ogun, Bayelsa Top Medals Table As Curtain Falls On 22nd National Sports Festival

by Vital News
May 31, 2025
0

As the curtains fall, the final medal table has been unveiled, highlighting the performances of each state...

Army Armourer, 17 Other Soldiers, 15 Mobile Police Officers, Traditional Ruler Arrested For Selling Arms To Criminals

Troops Eliminate Notorious Terror Leader, Abu Fatima In Borno

May 31, 2025
Death Toll From Niger Flood Disaster Rises To 115,  Many Still Missing – NSEMA

Death Toll From Niger Flood Disaster Rises To 115, Many Still Missing – NSEMA

May 30, 2025
INEC Fixes July 20 And  August 8, 2026 For Ekiti, Osun Governorship Elections

INEC Fixes July 20 And August 8, 2026 For Ekiti, Osun Governorship Elections

May 30, 2025
Kwara Community Unites Against Female Genital Mutilation, Declares Zero Tolerance

Kwara Community Unites Against Female Genital Mutilation, Declares Zero Tolerance

May 30, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Delta, Ogun, Bayelsa Top Medals Table As Curtain Falls On 22nd National Sports Festival May 31, 2025
  • Troops Eliminate Notorious Terror Leader, Abu Fatima In Borno May 31, 2025
  • Death Toll From Niger Flood Disaster Rises To 115, Many Still Missing – NSEMA May 30, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In