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Cash-crunch, insecurity cut rail transport revenue by 33 % to N768.4m
The state of insecurity and cash crunch challenges witnessed in the country earlier in the year, may have impacted the growth of the rail sub-sector as revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 2023 (Q1’23) from N1.15 billion in Q4’22.
Benjamin Alade
