Transport Fare Watch (November 2021)

Executive Summary

This report shows Transport Fare for November 2021 covering the following categories: bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water way passenger transport.
 
The average fare paid by air passengers for specified routes single journey increased by 0.25 percent on a month-on-month basis from N36,932.43 in October to N37,022.97 in November 2021. On a year-on-year basis, the fare rose by 1.99 percent from N36,301.74 in November 2020 to N37,022.97 in November 2021. The average fare paid by commuters for bus journey intercity stood at N2,644.50 in November 2021 indicating an increase of 0.38 percent on a month-on-month basis when compared to the value of N2,634.46 in October 2021.
 
The November fare also rose by 18.02 percent on a year-on-year basis from N2,240.66 in the corresponding month of the previous year to N2,644.50 in November 2021. Similarly, the average fare paid by commuters for bus journey within the city per drop increased by 1.46 percent on a month-on-month basis from N440.09 in October to N 446.50 in November 2021. Nevertheless, on a year-on-year basis, the fare rose by 33.74 percent from N333.86 in November 2020 to N446.50 in November 2021.

Data source: National Bureau of Statistics

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