Transport Fare Watch (April 2023)

Executive Summary

Transport Fare Watch for April 2023 covers 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 decreased by 0.01% in April 2023 when N648.12 was recorded, from N648.16 in March 2023. On a year-on-year basis, the average fare paid rose by 13.58% from N570.64 in April 2022.
In another category, the average fare paid by commuters for bus journey intercity per drop was N3,994.51 in April 2023, indicating an increase of 0.05% on a month-on-month basis compared to the N3,992.36 recorded in March 2023. On a year-on-year basis, this rose by 12.30% from N3,557.15 in April 2022. In air travel, the average fare paid by air passengers for specified routes single journey increased by 0.26% on a month-on-month basis from N74,755.41 in March 2023 to N74,947.30 in April 2023. On a year-on-year basis, the fare rose by 35.04% from N55,501.49 in April 2022.

Data source: National Bureau of Statistics

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