South-West, North-East Pay Higher Intercity Bus Fare, Prices Rise Over N4,000

July 5, 2023
South-West, North-East Pay Higher Intercity Bus Fare, Prices Rise Over N4,000

The National Bureau of Statistics (NBS) said residents of the South-West and North-East paid the highest intercity bus transport in May, as intercity average fare rises to N4,002.16.

It was learnt that the intercity bus transport fare increased year-on-year by 9.09 per cent in May, rising from the average N3,668.64 posted in the corresponding period last year.

Join our WhatsApp Channel

This was disclosed in the NBS report titled; Transport Fare Watch May 2023, which stated; “In another category, the average fare paid by commuters for bus journey intercity per drop in May 2023 was N4,002.16, indicating an increase of 0.19% on a month-on-month basis compared to the N3,994.51 recorded in April 2023. On a year-on-year basis, this rose by 9.09% from N3,668.64 in May 2022,” the NBS report reads.

In the report, NBS revealed the South-West had the highest average fare of N4,256.78, while the North-West recorded the least with N3,825.19.

“In terms of bus journey intercity, the South-West had the highest fare with N4,256.78, followed by the North-East with N4,154.38, while the North-West recorded the least with N3,825.19,” the report disclosed.

NBS mentioned Abuja as the state with the highest fare for intercity bus journeys, which cost each commuter N6,205.10, “For intercity bus travel (state route charged per person fare), the highest fare was recorded in Abuja with N6,205.10, followed by Adamawa with N5,725.14, while the least was recorded in Kwara with N2,000.00,” the report says.

Meanwhile, within the city bus transport fare also increased in May by 11.66 per cent year-on-year, from N581.79 in May 2022, to N649.59 in the same month this year.

“The average fare paid by commuters for bus journeys within the city per drop increased by 0.23% in May 2023 when N649.59 was recorded relative to N648.12 in April 2023. 

On a year-on-year basis, the average fare paid rose by 11.66% from N581.79 in May 2022,” the bureau noted in the transport fare watch report. 

NBS added that: “analysis by zone showed that transport fares of bus journeys within the city in May 2023 recorded the highest in the North-East with N703.41, followed by the South-South with N660.75, while the South-East recorded the least with N617.14.” 

Furthermore, the report said: “On state profile analysis, Taraba state recorded the highest bus journey fare within the city (per drop constant route) in May 2023 with N870.00, followed by Bauchi with N810.04, while Borno recorded the least with N510.14.”

Featured Stories

Latest from Business

NGX

NGX Rebounds With N683bn Gain As Market Cap Settles At N122.23trn

The Nigerian Exchange (NGX) recovered from the slump recorded on Tuesday, February 17, with a N683.62 billion gain as the market capitalisation closed at N122.23 trillion on Wednesday, February 18. During trading the previous day, the NGX’s market capitalisation closed at N121.55

Kano Shuts Entertainment Centres for Ramadan

The Kano State Government has ordered the closure of all entertainment centres across the state ahead of the Muslim holy month of Ramadan. The directive, announced on Tuesday by the Kano State Censorship Board, affects venues popularly known as gala houses as well as
Nigeria Now Leading Cement Exporter In Africa – Dangote

Why Tinubu’s Policies Can Crash Dollar Rate – Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that current government policies could significantly strengthen the naira against the US dollar, potentially bringing the exchange rate down to as low as ₦1,100 to $1. Dangote made the remarks on Tuesday
Outrage Over Aba Erosion Site Moves Governor Otti
Previous Story

Aba Erosion Site Outrage Moves Governor Otti

Nigerians Spend More On Air Travels As Ticket Prices Increases By 34.06% In One Year – NBS
Next Story

Nigerians Spend More On Air Travels As Ticket Prices Increase By 34.06% In One Year – NBS

Don't Miss

List Of Songs Most South Africans Listened To This Year On Spotify

List Of Songs Most South Africans Listened To This Year On Spotify

Spotify has released its “Wrapped” lists for 2021, revealing which
WHO Reaffirms Mpox As Global Health Emergency Amid Rising Cases

WHO Reaffirms Mpox As Global Health Emergency Amid Rising Cases

The World Health Organisation (WHO) has reaffirmed that Mpox (formerly