Transport Fare Watch (December 2021)

Executive Summary

This report shows Transport Fare for December 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 0.84 percent on a month-on-month basis from N 37,022.97 in November to N 37,334.87 in December 2021. On a year-on-year basis, the fare rose by 2.33percent from N36,483.38 in December 2020 to N37, 334.87 in December 2021.
 
The average fare paid by commuters for bus journey intercity stood at N2,784.92 in December 2021 indicating an increase of 5.31 percent on a month-on-month basis when compared to the value of N2,644.50 in November 2021. The fare also rose by 20.23 percent on a year-on-year from N2,316.40 in December 2021. Similarly, the average fare paid by commuters for bus journey within the city per drop increased by 5.45 percent on a month-on-month basis from N446.50 in November to N470.83 in December 2021. Nevertheless, on year-on-year basis, the fare rose by 33.39 percent from N 352.96 in December 2020 to N470.83 in December 2021.

Data source: National Bureau of Statistics

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