Transport Fares Still On the Rise - NBS

The Nigerian Bureau of Statistics reported a continued increase in the cost of transportation for the month of March 2021, with motorcycle fares now more than double last year's prices.

According to the report, average bus fares for intracity journeys in March increased 4.42 percent from February's N361.31 to N377.27, making an 82.5 percent year-on-year increase.

States with the highest bus journey fares within the city were Zamfara (N618.23), Bauchi (N597.14), and Ekiti (N500.15), while States with the lowest bus journey fares within the city were Oyo (N197.55), Abia (N209.87), and Borno (N258.14).

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City-to-city transportation fares saw a 1.62 percent month-on-month rise to reach a 42.58 percent hike year-on-year at N2,411.29 from N2,372.87 in February 2021.

Abuja had the most expensive travel buses (N4,576.28), followed by Lagos (N3,425.18) and Sokoto (N3,380.20) while Bayelsa (N1,700.19), Enugu (N1,720.45), and Bauchi (N1,725.35) were the cheapest.

The average fare paid by air passengers for specified routes single journey increased by 0.10% month-on-month and by 18.71 percent year-on-year to N36,495.41 in March 2021 from N36,458.11 in February 2021.

READ ALSO: Nigeria Records Highest Inflation Rate In Four Years – Report

States with the highest airfare were Anambra/Lagos (N38,600.00), Delta/Jigawa (N38,500.00), Bauchi (N38,450.00) while States with the lowest airfare were Akwa-Ibom (N32,700.00), Sokoto (N33,200.00), and Katsina (N35,150.00).

The average fare paid by commuters for journey by motorcycle per drop increased by 1.76 percent month-on-month and by 102.46 percent year-on-year to N271.44 in March 2021 from N266.74 in February 2021.

States with the highest journey fare by motorcycle per drop were Rivers (N420.35), Taraba (N420.15), and Yobe (N420.10) while states with the lowest journey fare by motorcycle per drop were Adamawa (N90.43), Katsina (N147.64), and Niger (N159.20).

The average fare paid by passengers for waterway passenger transport increased by 1.81 percent month-on-month and by 43.52 percent year-on-year to N808.38 in March 2021 from N794.02 in February 2021.

States with the highest fare by waterway passenger transport were Bayelsa (N2,300.80), Delta (N2,300.60), and Rivers (N2,285.67) while states with the lowest fare by water way passenger transport were Borno (N250.30), Gombe (N320.15), and Abuja FCT (N350.79).