Railway
Cargo trains lifted NRC revenue to N6.05bn in 2023 – NBS
Nigerian railway generated N6.05bn in 2023 – NBS report
The Nigerian Railway Corporation (NRC) generated a total revenue of N6.05 billion in 2023, largely buoyed by cargo trains.
This is an increase of 8.8 per cent over N5.56 billion recorded in 2022, according to latest report by the National Bureau of Statistic (NBS) on Rail Transport.
Despite the initial hiccups, since the Minister of Transportation, Senator Saidu Alkali, inaugurated the first cargo movement from the Lagos-Ibadan rail corridor in September last year, the freight train has enjoyed good patronage.
The NBS report showed the volume of cargo and revenue in 2023 rose by 102.04 percent and 144.32 percent respectively compared to the figures in 2022.
It specifically stated that the revenue generated in 2023 comprised N4.42 billion from passengers; N1.07 billion from cargos and N565.84 million from other income receipts.
The data also indicated that the number of cargos\goods transported by rail during the period stood at 317,244 tons while the number of passengers was 2.18 million tons.
However, the report showed that in Q4’23, the number of passengers fell by 49.7 percent to 672,198.
Part of the NBS report read, “In Q4’23, a total of 672,198 passengers travelled via rail system relative to 1,337,108 reported in the corresponding quarter of 2022, indicating a growth rate of -49.73 percent.
“The volume of goods/cargos transported in Q4’23 stood at 119,286 tons compared to 53,136 tons recorded in Q4’22.
“In terms of revenue generation, N1.07 billion was received from passengers during the reference period, showing a decrease of 7.51 percent from the N1.15 billion recorded in the same quarter of the previous year.
“Similarly, N423.22 million was collected from goods/cargos conveyed in Q4’23, up by 169.16 percent from N157.23 million received in Q4’22.
“In addition, other receipts amounted to N393.72 million, indicating an increase of 3.02 percent in Q4’23 from the N382.17 million collected in Q4’22.
“However, on an annual basis, the number of passengers in 2023 fell by 32.08 percent compared to the previous year.
“The revenue received from passengers declined by 2.64 percent in 2023, while volume of cargo and revenue rose by 102.04 percent and 144.32 percent respectively relative to 2022.”
Railway
Lagos Rail Mass Transit part of FG free train ride – NRC
Lagos Rail Mass Transit part of FG free train ride – NRC
The Nigerian Railway Corporation (NRC) has disclosed that the Lagos Rail Mass Transit (LRMT) trains are included in the Federal Government’s free train ride initiative for the Christmas and New Year celebrations.
The LRMT, which currently includes the Phase 1 Blue Line Rail and the Phase 1 of the Red Line Rail, operates under the Lagos Metropolitan Area Transport Authority (LAMATA).
This announcement was made by Ben Iloanusi, the Acting Managing Director of the NRC, during an interview on NTA News TV on Friday, following the launch of the initiative earlier that day.
While Iloanusi stated that Phase 1 of both the Blue Line and Red Line Rail projects are part of the program, LAMATA has yet to confirm this inclusion.
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Iloanusi outlined the other routes benefiting from the scheme, which include the Lagos-Ibadan Train Service, Kaduna-Abuja Train Service, Warri-Itakpe Train Service, Port Harcourt-Aba Train Service, and the Bola Ahmed Tinubu Mass Transit in Lagos. Notably, little was previously known about the Bola Ahmed Tinubu Mass Transit service until this disclosure.
“Let me mention the routes where this free train service is happening. We have the Lagos-Ibadan Train Service, we have the Kaduna-Abuja Train Service, we have the Warri-Itakpe Train Service, we have the Lagos Rail Mass Transit trains, we have the Port Harcourt-Aba Train Service, and we have what we call the Bola Ahmed Tinubu Mass Transit, which is also in Lagos,” he stated.
Iloanusi provided operational updates, stating that passengers nationwide can access free tickets online or, for those unable to do so, at train stations where they will be profiled and validated.
He noted that passengers using NRC-managed services (excluding the Lagos Rail Mass Transit) should reserve tickets via the official website, www.nrc.gov.ng, with a valid ID required. He also advised travelers to plan, arrive on time, and bring valid identification.
Lagos Rail Mass Transit part of FG free train ride – NRC
Railway
NRC announces special Xmas, end-of-year train service
NRC announces special Xmas, end-of-year train service
The Nigerian Railway Corporation (NRC) says it will operate an end of the year special train service on all its routes across the country.
It announced this in a statement on Wednesday by its Deputy Director, Public Relations, Yakub Mahmood, saying it was in compliance with the Federal Government’s directive through the Federal Ministry of Transportation.
It however did not indicate if the special train service would be free or not.
The Federal Government last year similarly declared special train services for Christmas and New Year, which were made free for all users.
The statement added the modality for this year’s special service would be released soon.
The latest statement read, “The management of the Nigerian Railway Corporation (NRC), in compliance with the Federal Government’s directive through the Federal Ministry of Transportation, hereby informs the general public that the NRC shall operate end of the year special train services in commemoration of Christmas and New Year celebrations.
“This end-of-the-year special train service on scheduled passenger trains, is part of the government’s gesture towards an enjoyable end of the year celebration.
“Dates and modalities of the end-of-the-year Special Train Service shall be communicated in due course. We wish all our esteemed customers a Merry Christmas and a Happy New Year in advance.”
Railway
FG hands over $3bn Port Harcourt-Aba railway project to NRC
FG hands over $3bn Port Harcourt-Aba railway project to NRC
The 62-kilometre, $3.02 billion Port Harcourt-Aba railway project has been completed by Federal Government and handed over to the Nigerian Railway Corporation (NRC).
The Port Harcourt-Aba section is part of the larger Port Harcourt-Maiduguri eastern narrow gauge railway project, initiated under the administration of President Muhammadu Buhari.
The project supervisor, Federal Ministry of Transportation, Ayo Dada, formally transferred the railway to the NRC during a brief ceremony held on Thursday in Port Harcourt.
He said that the project, completed in May, had significantly improved passenger movement between Rivers and Abia, thereby enhancing their economies.
“The assets handed over include dismantled tracks measuring 283.060 km, rehabilitated and reconstructed 62.800 km of subgrade and the laying of 62.800 km of rail for the main line,” Dada said.
“This includes the laying of rail for sliding lines covering 5.690 km and the reconstruction of 27 sets of turnouts at Port Harcourt, Elelenwo, Obuzor, Umugo and Aba Stations, among others.”
Dada said that with the handover of the Port Harcourt–Aba section, the Federal Government would focus on the Port Harcourt–Maiduguri phase of the project.
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“The contractor has submitted the technical specifications and maintenance manual for the Port Harcourt–Aba section to the consultants.
“The ministry is committed to completing this project, which will foster national development,” he said.
The Managing Director of the NRC, Ben Iloanusi, commended the Federal Government and the ministry of transportation for the timely completion and transfer of the project.
Iloanusi, represented by the NRC Deputy Manager (Civil), Adesegun Ogunade, said that the railway had greatly benefited Nigerians seeking affordable transportation options.
“The rail line, now in operation, has started mitigating the impact of high transportation costs caused by economic challenges,” he said.
“Train services have been running for some time and passengers have reported that it has made commuting between Port Harcourt and Aba more convenient, faster and cheaper.
“People are already experiencing the benefits of this government’s policies and programmes.’’
He assured that the Port Harcourt–Maiduguri section would also be completed in due course, emphasising that adequate security arrangements had been made to ensure the safety of workers and passengers.
FG hands over $3bn Port Harcourt-Aba railway project to NRC
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