Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎

Must Read

FG offers free business registration for 250,000 MSMEs

The Federal Government says it has offered free business registration for 250,000 Micro, Small and  Medium Enterprises (MSMEs) nationwide...

The Legal Side of Doing Business in Nigeria: Compliance Checklist You Need as a Small Business Owner

Setting up a business in Nigeria is one of the roads to financial independence. As most persons who have...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...
- Advertisement -

The latest data released by the National Bureau of Statistics (NBS) revealed that ‎the average transport fare for bus journey within cities‎ ‎in the country increased by 7.92 percent, month-on-month, in September 2020.

The NBS Transport Fare Watch report for August 2020, which was released on October 16, 2020, covers the following categories namely bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; airfare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and waterway passenger transport.

Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎ Brandspurng
www.brandspurng.com

According to the report, the average fare paid by commuters for bus journey within the city increased by 7.92% month-on-month and by 63.88% year-on-year to N309.73 in September 2020 from N286.99 in August 2020.

The NBS further reported that, in the period under review, ‎states with the highest bus journey fare within the city were Zamfara (N579.84), Bauchi (N492.14) and Cross River (N416.32).

- Advertisement -

On the other hand, states with the lowest bus journey fare within the city were Abia (N188.50), Kebbi (N192.48) and Borno (N200.80).

Also, ‎average fare paid by commuters for bus journey intercity increased by 0.36% month-on-month and by 24.30% year-on-year to N2,022.70 in September 2020 from N2,015.50 in August 2020.

States that recorded the highest bus journey fare intercity were Abuja FCT (N4,315.22), Lagos (N3,073.25) and Sokoto (N3,000.00) while States with lowest bus journey fare within city were Kwara (N223.45), Benue (N274.64) and Ondo (N291.07).

Also, average fare paid by air passengers for specified routes single journey decreased by -4.59% month-on-month and increased by 20.60% year-on-year to N36,884.59 in September 2020 from N38,659.86 in August 2020.

Read Also:  Nigeria's Annual Inflation Rate rises to 12.26% in March as Recession Looms
- Advertisement -

NBS data shows that states with highest air fare were Lagos (N39,750.00), Rivers (N39,520.00), Anambra (N38,950.00) while States with lowest airfare were Akwa Ibom (N32,500.00), Sokoto (N33,700.00), and Benue (N35,000.00).

The NBS also reported an increase in the fare paid by commuters for the journey by motorcycle (Okada).

Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎ Brandspurng
Gishiri, Abuja, Nigeria | Photo by Adeboro Odunlami

Transport fare for journey by motorcycle per drop increased by 10.47% month-on-month and by 111.11% year-on-year to N255.51 in September 2020 from N231.29 in August 2020.

- Advertisement -

States with highest journey fare by motorcycle per drop were Niger (N1,467.49), Kogi (N362.47) and Rivers (N345.80) while states with lowest journey fare by motorcycle per drop were Adamawa (N76.55), Katsina (N100.84) and Kebbi (N125.60).

In the same vein, the average fare paid by passengers for water-way passenger transport increased by 7.06% month-on-month and by 34.13% year-on-year to N734.26 in September 2020 from N685.82 in August 2020.

States with highest fare by waterway passenger transport were Bayelsa (N2,250.23), Rivers (N2,200.64) and Delta (N2,150.30) while states with the lowest fare by waterway passenger transport were Borno (N200.48), Gombe (N264.29) and Abuja FCT (N294.10).

Read Also:  Hyundai Releases Highlight Video Of All-New 2021 Elantra World Premiere Event

The NBS explained that fieldwork for the report was carried out by over 700 staff in all states of the federation, supported by supervisors who were monitored by internal and external observers.

Prices were collected across all the 774 local governments across all states and the FCT from over 10,000 respondents and locations‎, according to the Bureau.

- Advertisement -
Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand SpurAverage transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand SpurAverage transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand Spur

Latest News

Sunlight Real Estate Investment Trust Operational Statistics for the First Quarter of the Financial Year 2020/21

HONG KONG, CHINA - Media OutReach - 21 October 2020 - Henderson Sunlight Asset Management Limited (the "Manager"), as manager of Sunlight...

7-Eleven launches two new vegan ready-to-eat meals from OmniEat

Convenient, healthy and plant-based food options ready in minutes! HONG KONG, CHINA - Media OutReach - 21 October 2020 - In recent years, more consumers around the globe are choosing...

MSIG RM20k Donation To MoH For PPE For Sabah Front Liners

KUALA LUMPUR - Media OutReach - 21 October 2020 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", is channelling RM20,000 to assist the Ministry of Health (MoH)...

Amazon Donates to More Than One Thousand Charities Worldwide this Holiday Season, Expands Wishlist Campaign in Singapore to Benefit More Nonprofits

Amazon teams up with Nathan Hartono to deliver smiles and distribute donation to underprivileged children in Singapore, including a donation to Nathan's charity of choice, Club Rainbow...

‘AXA Light Up Your Mind Programme’ New online learning platform to support mental wellness of primary students

HONG KONG, CHINA - Media OutReach - 21 October 2020 - AXA Hong Kong and St. James' Settlement joined hands to launch the 'AXA Light Up Your Mind Programme' in...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Average transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand SpurAverage transport fare for bus journey rose by 7.92 per cent in September – NBS‎ - Brand Spur