Transport Fare Watch for October 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 decline to -16.48% from N1,337.80 in September to N1,117.30 in October 2023. On a year-on-year basis, it rose by 75.45% from N636.83 in October 2022. In another category, the average fare paid by commuters for bus journey intercity per drop decline to N5,885.68 in October 2023, indicating a decrease of 0.53% on a month-on-month basis compared to N5,917.16 in September 2023.

On a year-on-year basis, the fare rose by 53.04% from N3,845.81 in October 2022. In air travel, the average fare paid by air passengers for specified routes single journey was N78,778.38 in October 2023, showing a decrease of 0.30% while compared to previous month (September 2023). On a year-on -year basis, the fare rose by 7.62% from N73,198.65 in October 2022.

The average transport fare paid on Okada transportation was N507.30 in October 2023 which was 21.51% decrease when compared with the value recorded in September 2023 (N646.29). On a year-on-year basis, the fare rose by 10.75% when compared with October 2022 (N458.05). For water transport (waterway passenger transportation), the average fare paid in October 2023 decreased to N1,395.68 from N1,406.84 which indicates a contraction of 0.79% on monthly basis. On a year-on-year basis, it increased by 38.70% from N1,006.22 in October 2022.

Data source: National Bureau of Statistics

  Download Report     Download Tables

---