Rail transport revenue drops to N5.57bn
The Federal Government revenue from rail transportation dropped to N5.57 billion from N6.03 billion recorded in 2021, according to data from the National Bureau of Statistics (NBS).
A…
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rail transportation
How short term impact of Lagos Blue Rail Line will drive real estate demand
Like any other major development in an area or economy, the Lagos Blue Rail Line which has been under construction since 2009 is expected to have its impact on real estate along its captive…
Twice more people, goods switch to trains in 2021
More Nigerians are travelling by train and more goods are equally being transported using the rail system, as shown by the National Bureau of Statistics’ Rail Transportation Data for 2021,…
Is growth in rail transportation sub sector sustainable?
With a 76.81 percent real GDP growth rate as of the end of the second quarter of 2021, no one will doubt the fact that the transport sector is one of the beneficiaries of the gradual ease of…
2020: Lagos will invest heavily in waterways, rail transportation – Sanwo-Olu
Lagos State government says it will be pursuing audacious development programmes in 2020. Governor Babajide Sanwo-Olu revealed in a New Year broadcast. The governor unveiled his…