The Nigerian Railway Corporation (NRC) has recorded a growth of 45.38 percent in passengers who travelled through the rail in the second quarter of 2024.

This data was released by the Nigerian Bureau of Statistics (NBS) in its Rail Transportation Data (Q2 2024) over the weekend.

In Q2 2024, a total of 689,263 passengers travelled via the rail system, relative to 474,117 reported in the corresponding quarter of 2023, indicating a growth rate of 45.38%.

In terms of revenue generation, the NRC received N1.69 billion from passengers during the reference period, showing an increase of 53.14 percent from the N1.10 billion recorded in the same quarter of the previous year.

The volume of goods/cargo transported via rail in Q2 2024 stood at 143,759 tons, compared to 56,936 tons recorded in Q2 2023.

In the quarter under review, the NRC also reported an additional volume of goods/cargo transported via pipeline, which stood at 5,940 tons, higher than the 2,856 tons in Q2 2023.

Similarly, N537.36 million was collected from goods/cargo conveyed via rail in Q2 2024, up by 206.68 percent from N175.22 million received in Q2 2023.

In addition, revenue generated from the movement of goods/cargo via pipeline stood at N42.08 million in Q2 2024, higher than the N12.81 million reported in the corresponding period of last year.

Other receipts amounted to N994.68 million, indicating an increase of 5,206.68 percent in Q2 2024 from the N18.74 million received in Q2 2023.