Nigeria: Transport fares continue to rise – NBS

Must Read

FG, States, LGAs share N528.39bn FAAC allocation in Jan 2021

The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.34bn to the three tiers of government in December...

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...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -
The Nigerian Bureau of Statistics (NBS) said the average fare paid by commuters for bus journey within the city increased by 3.61% month-on-month and by 73.84% year-on-year to N333.86 in November 2020 from N322.22 in October 2020.
States with highest bus journey fare within city were Zamfara (N595.22), Bauchi (N510.65) and Nasarawa (N438.45) while States with lowest bus journey fare within city were Abia (N195.24), Borno (N213.21) and Kebbi (N220.30).

Nigeria: Transport fares continue to rise – NBS

A breakdown of the figures in the data released by the Nigerian Bureau of Statistics, NBS,  shows that the average fare paid by commuters for bus journey intercity increased by 1.39% month-on-month and by 36.38% year-on-year to N2,240.66 in November 2020 from N2,209.84 in October 2020.

States with highest bus journey fare intercity were Abuja FCT (N4,380.40), Lagos (N3,100.00) and Sokoto (N3,100.00) while States with lowest bus journey fare within city were Bayelsa (N1,500.10), Enugu (N1,597.10) and Bauchi (N1,642.12).

Average fare paid by air passengers for specified routes single journey increased by 0.13% month-on-month and by 18.47% year-on-year to N36,301.74 in November 2020 from N36,256.08 in October 2020.

- Advertisement -

States with highest air fare were Anambra/ Cross River (N38,500.00), Lagos (N38,400.00), Jigawa (N38,260.00) while States with the lowest airfare were Akwa Ibom (N32,500.00), Sokoto (N33,200.00), and Gombe (N34,550.00).

Read Also:  Hyundai Motor Shares First Glimpse of All-New Sonata (Photos)

The Transport fare watch report for November 2020 covers the following categories namely bus journey within the city per drop constant route; bus journey intercity, state route, a charge per person; airfare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and waterway passenger transport.

Average fare paid by commuters for journey by motorcycle per drop increased by 4.13% month-on-month and by 120.15% year-on-year to N276.38 in November 2020 from N265.41 in October 2020.

States with highest journey fare by motorcycle per drop were Niger (N1,520.46), Kogi (N390.15) and Taraba (N360.40) while states with lowest journey fare by motorcycle per drop were Adamawa (N75.99), Katsina (N110.40) and Kebbi (N140.28).

- Advertisement -

Average fare paid by passengers for water way passenger transport increased by 0.86% month-on-month and by 35.39% year-on-year to N756.84 in November 2020 from N750.42 in October 2020.

Read Also:  Hyundai Motor Shares First Glimpse of All-New Sonata (Photos)

States with the highest fare by waterway passenger transport were Delta (N2,294.23), Bayelsa (N2,215.65) and Rivers (N2,185.10) while states with the lowest fare by water way passenger transport were Borno (N229.10), Gombe (N280.10) and Kebbi (N300.00).

- Advertisement -
Nigeria: Transport fares continue to rise - NBS - Brand SpurNigeria: Transport fares continue to rise - 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.

Nigeria: Transport fares continue to rise - NBS - Brand SpurNigeria: Transport fares continue to rise - NBS - Brand Spur

Latest News

Balyesa, Delta Beat Lagos To Become Top Investment Spots For Q1 2021 – NIPC

Nigerian Investment Promotion Commission (NIPC) reports that US$8.41 billion was tracked as investment announcements for Q1 2021, about 75%...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Nigeria: Transport fares continue to rise - NBS - Brand SpurNigeria: Transport fares continue to rise - NBS - Brand Spur