Transport Fare Watch (September 2023)

Executive Summary

Transport Fare Watch for September 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 increased by 0.11% from N1,336.38 in August to N1,337.80 in September 2023.
On a year-on-year basis, it rose by 117.29% from N615.69 in September 2022. In another category, the average fare paid by commuters for bus journey intercity per drop decline to N5,917.16 in September 2023, indicating a decrease of 0.02% on a month-on-month basis compared to N5,918.18 in August 2023. On a year-on-year basis, the fare rose by 56.12% from N3,790.06 in September 2022. In air travel, the average fare paid by air passengers for specified routes single journey was N79,013.48 in September 2023, showing no significant differences in the fare paid in the previous month. On a year-on -year basis, the fare rose by 8.70% from N72,690.54 in September 2022.

Data source: National Bureau of Statistics

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