The National Bureau of Statistics (NBS), in its monthly Transport Fare Watch data, revealed that Lagos, Sokoto and the Federal Capital Territory, Abuja paid more for road transportation in February 2021.
Brandnewsday gathers that the average fare paid by commuters for bus journey intercity increased by 1.13% month-on-month and by 39.85% year-on-year to N2,372.87 in February 2021 from N2,346.41 in January 2021. States with the highest bus journey fare intercity were Abuja FCT (N4,500.88), Sokoto (N3,350.60) and Lagos (N3,340.60) while the States with the lowest bus journey fare within the city were Bayelsa (N1,650.32), Bauchi (N1,690.80) and Enugu (N1,700.00).
Also, the bureau reported that the average fare paid by commuters for bus journey within the city increased by 2.60% month-on-month and by 78.08% year-on-year to N361.31 in February 2021 from N352.15 in January 2021. States with the highest bus journey fare within the city were Zamfara (N620.15), Bauchi (N530.10) and Ekiti (N475.25) while the States with the lowest bus journey fare within the city were Oyo (N190.45), Abia (N208.55) and Borno (N250.72).
According to the report, 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).
Furthermore, 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 waterway 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).
NBS stated, “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 Transport fare watch report for February 2021 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.
Stanbic IBTC Asset Management has implemented strong measures to safeguard its customers from an alarming…
Michael Owhoko, Ph.D The root cause of Nigeria’s problem is, unarguably, an inappropriate system of…
Stanbic IBTC Pension Managers has launched the third edition of their highly anticipated FUZE Talent…
Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fourth edition of…
Stanbic IBTC Pension Managers has again made a significant mark on Nigeria's cultural landscape by…
NOVA Bank, one of the latest commercial banks in Nigeria, may be experiencing a major…
This website uses cookies.