NewStats: 3,265,159 , 8,185,826 topics. Date: Friday, 13 June 2025 at 04:51 PM 211a

Nigeria’s train transport in the first quarter of 2021 surges to N926.72 million compared to N698.4 million recorded in Q1 2020.
The 33% surge was contained in a recent railway transport report by the National Bureau of Statistics (NBS).

Revenue generated in the review period also represents a 92% increase compared to N481.57 million recorded in the previous quarter (Q4 2020).

Revenue generated from engers stood at N892.47 million in Q1 2021, a 39.3% increase compared to N640.52 million recorded in Q1 2020.

The number of engers that made use of trains as a means of transportation in the period reduced by 34.4% to stand at 424,460 compared to 647,055 recorded in the corresponding period of 2020.

The number of engers however increased by 214.8% compared to 134,817 recorded in the previous quarter.

The volume of goods transported stood at 10,511 tonnes, representing a 43.1% year-on-year decline compared to 18,484 tonnes conveyed in the corresponding quarter of 2020.

The data revealed that revenue generated in the period increased despite the reduction in the number of engers that boarded and the volume of goods transported by train. This is a reflection of the surge in the prices of goods and services in the country over the past two years.

According to the NBS, Nigeria’s inflation rate galloped to 18.17% in March 2021 from 15.75% rate recorded in December 2020, which indicates a 2.4% points increase in the first quarter of 2021. The increase in the inflation rate was largely influenced by a similar surge in core inflation from 11.37% to 12.67%.

A cursory look at the data revealed that the Nigerian Railway Corporation generated N5.8 billion between January 2019 and March 2021, recording the highest quarterly income in Q1 2021.

The increase can be largely attributed to the increase in the fare per trip, considering the year-on-year decline in the number of engers conveyed through train in Q1 2021. Notably, the number of engers reduced from 647,055 in Q1 2020 to 424,460 in the review quarter.

Also, the volume of goods/cargos transported by train, reduced from 18,484 tonnes to 10,511 tonnes. Meanwhile, revenue from engers spiked by 39.3% while revenue from cargos dipped by 50.3% in the period under review.

https://brandspurng.com/2021/06/25/nigeria-train-transport-surges-over-n900-million-in-q1-2021/

Lies
Lies
Lies
But if there's truth in this then

Where is the money generated going into?

Trust me the money is going to anambra from next week after apc primaries this Saturday

Their campaign kick start immediately.
.

Me i want to be a politician tomorrow

My politics ended in school back then i only attain the height of hall governor eni njoku hall unn nsukka but trust me in my 2 years as the governor i was able to save 3.6m

Congratulations Buhari for this achievement. We know this insecurity phase will and Nigeria will be great again. It is better to borrow money and build infrastructure than to borrow money and divide. No politician is good, but if you think about how PDP loot this country dry and you're not pained then you are one of the problems of this country. Buhari came to retire so many greedy politicians who value wealth more than their own people.

Audio revenue that has always makes the youth jobless and unemployed.

Good news, may God grant our leaders in all level of government the wisdom and grace to use our God given resources to upgrade Nigeria to the first world ,I hate traveling abroad ,the discrimination of racists in Europe is a turn off for me,I have prayed to God to bless Me more and more in southeast ...Stop hating on your country and leaders ,do your best to improve your life in a legal hustle ..negative mindset will always retard both your spiritual growth in wisdom of God and even material growth ..be positive about yourself and your country and see yourself prospering ...though the increase is due to inflation but what if those in charge stole the money like PDP were doing ,we wouldn't have seen it ,so it is good news to me

Big lie

This is good news.
It shows that people are increasingly embracing the rail transport.

.

Good one, I hope they would not loot everything.

Nonsense revenue that the youths don't benefit from

Good.
At least we don't borrow to build mansions again in Abuja.

Now we are borrowing to build a future.

Las Las we don see Wetin to pay China loan with.

T

Taa!!! Lies and lies and more lies

The same train charging 3500 for Lagos - ibadan while buses charge 1000 from Berger-ibadan.
There's something fishy

Lies, Audio Revenue, Good news. These are the comments before mine. It really shows these people haven't read the piece before commenting. When Buhari said lazy youths, these were the same set that ran to social media to type. A lazy generation indeed.

Good. Hopefully the money is redirected into maintenance

We have heard. Next news propaganda please


My description of the present government below change indeed

Hopefully they can spend it well and sustain it.

Can we use those revenues to offset the loans instead of borrowing??

Nairalanders, If you live in the metropolises of Okon-Eket, and you're in need of a home tutor for your Child/ children.. I'm the best bet for you...

Ps: I need money for my mum's medical bills.

STORY SYORY STORY!!! ONCE UPON ATIME? TIME-TIME!

Wow.. That's if true is a good precedent. We can easily pay China off in no time. I doubt our kleptomaniac leaders will fail to embezzle it all

Noblejohn32:
Can we use those revenues to offset the loans instead of borrowing??

Nairalanders, If you live in the metropolises of Okon-Eket, and you're in need of a home tutor for your Child/ children.. I'm the best bet for you...

Ps: I need money for my mum's medical bills.

we are paying the loans too

Ok. Operational cost 10 billion.

fasho01:
Wow.. That's if true is a good precedent. We can easily pay China off in no time. I doubt our kleptomaniac leaders will fail to embezzle it all

1Quater is just 900m o, u know how many trillions we don borrow?

But we will laugh at last, Nigeria shall be great

Yet, they abandoned South East railway system, and focused on Niger republic.

From where to where them dey even follow travel am go sef

The surge is as a result of increase in cost of living not increase in patronage.

Itohanmiwa:
Congratulations Buhari for this achievement. We know this insecurity phase will and Nigeria will be great again. It is better to borrow money and build infrastructure than to borrow money and divide. No politician is good, but if you think about how PDP loot this country dry and you're not pained then you are one of the problems of this country. Buhari came to retire so many greedy politicians who value wealth more than their own people.

Actually, its insecurity that has led to the high patronage. Its a chaos created by the government to benefit the government

richmond500:
1Quater is just 900m o, u know how many trillions we don borrow?

But we will laugh at last, Nigeria shall be great

900m in just one quarter without the mode of transport being well accepted is a good sign. Even if na to begin offset billions, it's the right step in the right direction.

Las las Nigeria will be great indeed

Lol. Naija all d way.