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Home News Business & Economy Economy

Nigerians Pay More for Transportation, as Bus Fare Rises by 79% in May

June 21, 2021
in Economy, Business & Economy, Finance, News
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Nigerians Pay More for Transportation, as Bus Fare Rises by 79% in May
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The National Bureau of Statistics, NBS has reported that Nigerians paid an increase of 79.39% year-on-year for bus journey within the city in the month of May 2021.

Disclosing this in a recent report titled, “Transport Fare Watch for May 2021”, NBS further revealed the Increase in fare experienced by other transport categories in the month.

According to the report, “Average fare paid by commuters for bus journey within the city increased by 3.36% month-on-month and by 79.39% year-on-year to N399.06 in May 2021 from N386.10 in April 2021.

“States with highest bus journey fare within city were Zamfara (N643.10), Bauchi (N599.55) and Taraba (N520.38) while States with lowest bus journey fare within city were Oyo (N202.15), Abia (N215.04) and Borno (N269.77).

“Average fare paid by commuters for bus journey intercity increased by 1.79% month-on-month and by 38.09% year-on-year to N2,490.60 in May 2021 from N2,446.86 in April 2021.

“States with highest bus journey fare intercity were Abuja FCT (N4,600.47), Lagos (N3,570.64) and Sokoto (N3,370.24) while States with lowest bus journey fare within city were Bayelsa (N1,780.22), Bauchi (N1,800.06) and Enugu (N1,827.10).

“Average fare paid by air passengers for specified routes single journey increased by 0.39% month-on-month and by 18.90% year-on-year to N36,552.70 in May 2021 from N36,409.46 in April 2021.

“States with highest air fare were Bauchi (N38,600.00), Anambra, Lagos, Rivers (N38,500.00), Abuja FCT (N38,000.00) while States with lowest air fare were Akwa-Ibom (N32,600.00), Sokoto (N33,600.00), and Enugu (N35,400.00).

“Average fare paid by commuters for journey by motorcycle per drop increased by 2.30% month-on-month and by 85.83% year-on-year to N282.67 in May 2021 from N276.30 in April 2021.

“States with highest journey fare by motorcycle per drop were Lagos (N450.17), Yobe (N450.10) and Taraba (N445.17) while states with lowest journey fare by motorcycle per drop were Adamawa (N100.08), Katsina (N165.40) and Abuja FCT (N169.17).

“Average fare paid by passengers for water way passenger transport increased by 0.99% month-on-month and by 35.37% year-on-year to N828.35 in May 2021 from N820.23 in April 2021.

“States with highest fare by water way passenger transport were Delta (N2,450.60), Bayelsa (N2,386.42) and Rivers (N2,295.25) while states with lowest fare by water way passenger transport were Borno (N263.85), Gombe (N320.40) and Kebbi (N360.09).”

Read Also: Rice Becomes More Expensive, Price up by 17.5% in May

Tags: Bus fareINCREASEMay 2021NigeriaNigeriansTransport fareTransportation
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