Lagos-Ibadan train service generated N5bn in 2022 – Report

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Lagos-Ibadan train service generated N5bn in 2022 – Report
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The Federal Government through the Nigerian Railway Corporation generated about N5bn revenue from the Lagos-Ibadan train services in 2022, the PUNCH reports.

The Federal Government through the Nigerian Railway Corporation generated about N5bn revenue from the Lagos-Ibadan train services in 2022, thefindings showed that the coaches in the train which operates on the Lagos-Ibadan rail line have a passenger capacity of about 900/1000 passengers per trip.

Further analysis revealed that for 221 days, the NRC recorded a total of N3.978bn on the Lagos-Ibadan train services.

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