The Nigerian Railway Corporation (NRC) generated ₦1.69 billion in revenue during Q2 2024, up from ₦1.1 billion in the same period in 2023, according to the National Bureau of Statistics (NBS). The increase is largely attributed to a rise in passenger numbers, with 689,263 passengers using the rail service in Q2 2024. This growth reflects improvements in rail infrastructure and an increase in public confidence in the railway system as a reliable transportation option.
Nigerian Rail Service Generates ₦1.69 Billion in Q2 2024
This is good.
Nice development.