• Contact Us
  • About Us
Tuesday, April 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Rail passenger traffic drops in Q1 –NBS

metro by metro
June 1, 2019
in Economy
0
0
SHARES
0
VIEWS

The National Bureau of Statistics (NBS) said that rail passenger traffic dropped in the first quarter of this year, compared to the same period in 2018.

The company said that 723,995 people travelled by rail in the first quarter of this year, compared to 748,345 people, who travelled in the same period last year.

Read Also

China Emerges As Safe Haven As Oil Shock  Roils Global Economy

Concerns As Senate Passes 2026 Budget Amid Fiscal Challenges…Tinubu ‘Scores Owngoal’

Dollar Stays Stable After Trump Says Iran War Could Finish Soon 

The information is contained in the Rail Transportation Data of the NBS, posted on the website of the company.

According to the NBS, the figures represents -3.25 per cent decline year-on-year and -3.05 per cent decline quarter-on-quarter.

The NBS said there was also decline in the volume of goods and cargo moved by rail in the first quarter of 2019.

It said that a total of 54,099 tonnes of cargo were moved by rail in the first quarter of this year, compared to the 79,750 carried in the first quarter of 2018.

Revenue generated from passengers in the first quarter of 2019 was put at N520.79 million as against N507.49 in the first quarter of 2018.

Similarly, revenue generated from goods/cargo in first quarter, 2019 was put at N102.58 million as against N84.40 million in the first quarter of 2018.

The NBS said that data for the report was provided by the Nigerian Railway Corporation and subsequently, verified and validated by the NBS.

Tags: Rail passenger traffic drops
Previous Post

Gov. Fayemi to inaugurate Ekiti 6th Assembly on June 6

Next Post

Banking: e-payments hit N34.02trn in Q1, 2019 — NBS

Related Posts

China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks
Economy

China Emerges As Safe Haven As Oil Shock  Roils Global Economy

April 1, 2026
FG Projects 2026 Deficit Of 4.28% Of GDP As Tinubu Proposes Spending Plan
Economy

Concerns As Senate Passes 2026 Budget Amid Fiscal Challenges…Tinubu ‘Scores Owngoal’

April 1, 2026
FG considers foreign exchange reforms as dollar shortages bite
Economy

Dollar Stays Stable After Trump Says Iran War Could Finish Soon 

April 1, 2026
President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.
Economy

Tinubu Seeks Senate Approval To Borrow Fresh $5 billion (N6.9 trillion)

March 31, 2026
Next Post

Banking: e-payments hit N34.02trn in Q1, 2019 — NBS

Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”

Trump Threatens Iran Major Strikes If No Deal By Tuesday, Says  Entire Country Could Be ‘Taken Out One Night’

April 7, 2026
National Grid Collapses For Second Time In Five Days

Oil Prices Extend Gains As Trump Sharpens Rhetoric On Iran

April 7, 2026
MeCure Industries Reinforces Financial Strength, Redeems N3Bn Bond

MeCure Industries Reinforces Financial Strength, Redeems N3Bn Bond

April 6, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version