Nigeria’s rail transport sector recorded a remarkable revenue of N1.95 billion in the first quarter of 2025, according to the latest report from the National Bureau of Statistics (NBS). This represents a significant 83.13% increase from the N1.07 billion generated in the same period of 2024, highlighting the sector’s growing contribution to the nation’s economy.
The NBS data revealed that 648,345 passengers traveled by rail in Q1 2025, a 23.24% rise compared to 526,092 passengers in Q1 2024. This surge in passenger numbers underscores improved accessibility and public confidence in rail services. Additionally, the volume of goods transported via rail reached 75,783 tons, up 22.55% from 61,836 tons in the corresponding quarter of the previous year. The revenue from goods conveyance also grew by 76.21%, climbing from N142.99 million in Q1 2024 to N251.95 million in Q1 2025.
A significant portion of the revenue came from passengers, with N1.59 billion recorded, marking an 84.75% increase from N860.33 million in Q1 2024. Other receipts, including income from auxiliary services, contributed N103.14 million, reflecting a 59.86% growth from N64.52 million in the prior year. These figures demonstrate the sector’s robust performance across multiple streams.
Dr. Samuel Odewumi, a transport economist, noted that the revenue growth reflects “strategic investments” in rail infrastructure and improved operational efficiency. He emphasized that ongoing projects, such as the Lagos-Ibadan rail line, have boosted capacity and reliability, attracting more users. Similarly, Engr. Fidet Okhiria, Managing Director of the Nigerian Railway Corporation (NRC), attributed the success to “deliberate efforts” to modernize rolling stock and enhance service delivery.
Despite the positive trends, challenges like vandalism and funding gaps persist. Experts urge sustained investment to maintain momentum and expand rail networks. The NBS report signals a promising trajectory for Nigeria’s rail sector, positioning it as a vital driver of economic growth and mobility in 2025.
