×
  • Business - Economy
  • Updated: March 24, 2021

Nigeria Records Nationwide Hike In Transport Fares - NBS

Nigeria Records Nationwide Hike In Transport Fares - NBS

The Nigerian Bureau of Statistics (NBS) on Wednesday gave its monthly transport fare watch, showing that there was an overall increase in the cost of transportation in the nation for the month of February.

According to the report, the average fare paid by commuters for bus journeys within their cities increased by 2.60 percent month-on-month to N361.31 in February 2021 from N352.15, a 78.08% year-on-year change.

Zamfara was reported to have the highest intracity bus fares (N620.15), followed by Bauchi (N530.10), and Ekiti (N475.25) while states with the lowest bus journey fare within the city were Oyo (N190.45), Abia (N208.55), and Borno (N250.72).

READ ALSO: Nigeria Experiences Worst Food Inflation Since 2009 — NBS

City-to-city transportation fares saw a 1.13 percent month-on-month rise to reach a 39.85 percent hike year-on-year at N2,372.87 from N2,346.41 in January 2021.

Abuja had the most expensive travel buses (N4,500.88), followed by Sokoto (N3,350.60), and Lagos (N3,340.60) while Bayelsa (N1,650.32), Bauchi (N1,690.80), and Enugu (N1,700.00) were the cheapest.

The average fare paid by air passengers for specified routes single journey decreased by -0.02% month-on-month and increased by 17.97% year-on-year to N36,458.11 in February 2021 from N36,463.65 in January 2021. States with the highest airfare were Delta/Lagos (N38,600.00), Anambra/Bayelsa (N38,500.00), Bauchi (N38,400.00) while States with the lowest airfare were Akwa-Ibom (N32,500.00), Sokoto (N33,600.00), and Gombe (N35,000.00).

The average fare paid by commuters for journey by motorcycle per drop increased by 2.86% month-on-month and by 97.68% year-on-year to N266.74 in February 2021 from N259.33 in January 2021. States with the highest journey fare by motorcycle per drop were Taraba (N436.20), Yobe (N425.02), and Kogi (N400.12) while states with the lowest journey fare by motorcycle per drop were Adamawa (N86.47), Katsina (N140.12), and Kebbi (N155.90).

The average fare paid by passengers for water way passenger transport increased by 1.00% month-on-month
and by 39.63% year-on-year to N794.02 in February 2021 from N786.19 in January 2021. States with the highest fare by water way passenger transport were Rivers (N2,299.35), Delta (N2,280.33), and Bayelsa (N2,258.49) while states with the lowest fare by waterway passenger transport were Borno (N240.55), Gombe (N297.23), and Abuja FCT (N340.22).

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...

Notice

We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings