Transport Fare Watch (November 2022)

Executive Summary

This report shows Transport Fare Watch for November 2022 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 commuters for bus journeys within the city per drop increased by 0.12% in November 2022 on a month-on-month from N636.30 in October 2022 to N637.10. While on a year-on-year, however, the average fare paid by commuters for bus journeys within the city per drop rose by 42.69% from N446.50 in November 2021.
In another category, the average fare paid by commuters for bus journey intercity per drop rose to N3,848.48 in November 2022 indicating an increase of 0.07% on a monthon-month compared to the value of N3,845.81 in October 2022. On a year-on-year, the fare prices rose by 45.53% from N2,644.50 in November 2021. In air travels fare, the average fare paid by air passengers for specified routes single journey, increased by 0.09% on a month-on-month from N73,198.65 in October 2022 to N73,267.57 in November 2022. On a year-on-year, the fare rose by 97.90% from N37,022.97 in November 2021.
The average transport fare paid on Okada transportation was N459.02 in November 2022 which was 0.12% higher than the rate recorded in October 2022 (N458.05) on a month-on-month basis. While on a year-on-year, the fare rose by 45.13% when compared with November 2021 (N316.29). Whereas the average fare paid for water transport (waterway passenger transportation) in November 2022 increased to N1,006.33. showing an increase of 16.66% on a year-on-year basis from N862.60 in November 2021 and 0.21% on a month-on-month from N1,006.22 in October 2022. 

Data source: National Bureau of Statistics

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