Nigeria: Road accidents increased every fourth quarter since 2019

Examining road accidents in Nigeria from Q1 2019 to Q2 2023 shows that crashes increased in every fourth quarter. This can be attributed to increased road traffic during the festive periods. Here are road accidents in Nigeria from Q1 2019 to Q2 2023 and ways to reduce accidents.
Source:
National Bureau of Statistics
Period:
Q1 2019 - Q2 2023
HTML code to embed chart
Tags
Related Insights

Nigeria's railway passenger revenue peaked in 2021, while cargo revenue peaked in 2023
After peaking at ₦5.69b in 2021, Nigeria's railway revenue from passengers has fallen for two consecutive years, dropping to ₦4.43b in 2023. Cargo revenue, on the other hand, reached its highest (₦1.08b) in 2023.y revenue from passengers has fallen for two consecutive years, dropping to ₦4.43b in 2023. Cargo revenue, on the other hand, reached its highest (₦1.08b) in 2023.

Nigeria: All vehicle categories saw substantial decreases in road accident cases except for luxury bus and bicycle
In 2023, Nigeria experienced an overall decrease of 24% in road accidents compared to the previous year. All vehicle categories contributed to this decline except Luxury Bus, which recorded 13 cases more than in 2022, and Bicycle, which recorded 4 more than in 2022. Commercial vehicles recorded 68% of the total road accidents in the country, followed by private vehicles with 31%; 194 government vehicles and 4 diplomat vehicles were involved in road accidents in the year.

Kenya's government will contribute only 19.1% of the cost of the Bus Rapid Transport (BRT) lane in Nairobi
Kenya received $377.8 million (Sh50 billion) from a consortium of European agencies to build a Bus Rapid Transport (BRT) lane in Nairobi in 2023 which is also the first electric bus lane in the East Africa region. The European Union will provide $48.9 million (Sh6.47 billion) in grants, the European Investment Bank (EIB) and Agence Française de Développement (AFD) will jointly support the project with $256.8 million (Sh33.9 billion), and Kenya will bring $72.0 million (Sh9.5 billion).

Nigeria experienced a significant downturn in visitor arrivals in 2020, marking the lowest point in 25 years
The number of non-resident visitors to Nigeria fell sharply in 2020 to the lowest level in 25 years. This sudden downturn was a contrast to the years between 1995 and 2010 when Nigeria's tourism sector experienced an amazing upswing.
Nigeria saw a record high of 6.1 million non-resident visitors in 2010, highlighting the country's increasing appeal as a travel destination. A remarkable spike in arrivals of 5.24 million in 2007 made the year stand out.
The global pandemic in 2020, however, caused a significant decline, with just 1.21 million visitors — the lowest number since 1996.

Nigeria: NIPOST handled twice as many mails in 2022 than it did in 2021
While revenue continued to decline in 2022, the Nigerian Postal Service (NIPOST) witnessed a remarkable turnaround in its mail handling operations in 2022, handling two times what it did in 2021, the first growth in handled mails recorded since 2016.

Nigeria: NIPOST's revenue continued to decline in 2022
Between 2017 and 2022, the Nigerian Postal Service (NIPOST) recorded 1.4% revenue growth only in 2018. NIPOST's revenue has gradually declined from ₦8.8 billion in 2016 to ₦3 billion in 2022, representing a 66% drop. Here are NIPOST's revenues since 2016.

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved