{"id":89865,"date":"2023-06-14T09:38:07","date_gmt":"2023-06-14T08:38:07","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/rail-transport-revenue-falls-33-per-cent-to-n768-4m"},"modified":"2023-06-14T13:23:18","modified_gmt":"2023-06-14T12:23:18","slug":"rail-transport-revenue-falls-33-per-cent-to-n768-4m","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m","title":{"rendered":"Rail transport revenue falls 33 per cent to N768.4m"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 2023 (Q1\u201923) from N1.15 billion in Q4\u201922.<\/p>\n<p>The National Bureau of Statistics, NBS, disclosed this on Tuesday in its Rail Transport report for Q1\u201923.<\/p>\n<p>NBS stated that the number of passengers of rail transport fell quarterly by 67 per cent to N441,725 in Q1\u201923 from N1.34 million in Q4\u201922.<\/p>\n<p>Similarly, the number of passengers who travelled through the rail system and revenue generated from passengers fell year-on-year, YoY, in the review period.<\/p>\n<p>\u201dThe rail transportation data for Q1 2023 showed that a total of 441,725 passengers travelled via the rail system in Q1 2023, lower than the 953,099 reported in the corresponding quarter of 2022, representing a growth rate of -53.6 percent.<\/p>\n<p>\u201cIn addition, 59,966 tons of goods were transported in Q1\u201923, compared to 39,379 tons reported in Q1\u201922.<\/p>\n<p>\u201cIn terms of revenue generation, N768.44 million was received from passengers over the period, lower by 63.02 percent relative to N2.08 billion in the same quarter of the previous year.<\/p>\n<p>\u201cSimilarly, N181.27 million was collected in Q1 2023 as revenue from goods\/cargos, up by 99.2 per cent from N90.96 million received in Q1\u201922.<\/p>\n<p>\u201cIn addition, other receipts amounted to N34.17 million, indicating a decline of 41.02 percent in Q1\u201923, from the N57.92 million collected in Q1\u201922,\u201d NBS said.<\/p>\n<p>Recall that in January 7, 2023, the country\u2019s rail corporation was attacked in Edo State, leading to the kidnap of many.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 2023 (Q1\u201923) from N1.15 billion in Q4\u201922. The National Bureau of Statistics, NBS, disclosed this on Tuesday in its Rail Transport report for Q1\u201923. NBS stated that the number of passengers of [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":89863,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,254,10588,8580],"class_list":["post-89865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-rail","tag-revenue"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rail transport revenue falls 33 per cent to N768.4m - Nigeria<\/title>\n<meta name=\"description\" content=\"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rail transport revenue falls 33 per cent to N768.4m\" \/>\n<meta property=\"og:description\" content=\"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-14T08:38:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-14T12:23:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rail transport revenue falls 33 per cent to N768.4m\",\"datePublished\":\"2023-06-14T08:38:07+00:00\",\"dateModified\":\"2023-06-14T12:23:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\"},\"wordCount\":255,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"Rail\",\"revenue\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\",\"name\":\"Rail transport revenue falls 33 per cent to N768.4m - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg\",\"datePublished\":\"2023-06-14T08:38:07+00:00\",\"dateModified\":\"2023-06-14T12:23:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Rail transport revenue falls 33 per cent to N768.4m\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rail transport revenue falls 33 per cent to N768.4m\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rail transport revenue falls 33 per cent to N768.4m - Nigeria","description":"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m","og_locale":"en_US","og_type":"article","og_title":"Rail transport revenue falls 33 per cent to N768.4m","og_description":"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m","og_site_name":"Nigeria","article_published_time":"2023-06-14T08:38:07+00:00","article_modified_time":"2023-06-14T12:23:18+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Rail transport revenue falls 33 per cent to N768.4m","datePublished":"2023-06-14T08:38:07+00:00","dateModified":"2023-06-14T12:23:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m"},"wordCount":255,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg","keywords":["Africa Press","Africa Press-Nigeria","Nigeria","Rail","revenue"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m","name":"Rail transport revenue falls 33 per cent to N768.4m - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg","datePublished":"2023-06-14T08:38:07+00:00","dateModified":"2023-06-14T12:23:18+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Amid insecurity, revenue generated from rail transport fell by 33 per cent to N768.4 million in the first quarter of 202 ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1686729102.986433.jpg","width":1280,"height":720,"caption":"Rail transport revenue falls 33 per cent to N768.4m"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/rail-transport-revenue-falls-33-per-cent-to-n768-4m#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Rail transport revenue falls 33 per cent to N768.4m"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/89865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=89865"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/89865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/89863"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=89865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=89865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=89865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}