Transport Fare Watch for November 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 -6.23% from N1,117.30 in October to N1,047.63 in November 2023. On a year-on-year basis, it rose by 64.44% from N637.10 in November 2022. In another category, the average fare paid by commuters for bus journey intercity per drop was N6,206.53 in November 2023, indicating an increase of 5.45% on a month-on-month basis compared to N5,885.68 in October 2023.

On a year-on-year basis, the fare rose by 61.27% from N3,848.48 in November 2022. In air travel, the average fare paid by air passengers for specified routes single journey was N81,334.05 in November 2023, showing an increase of 3.24% while compared to previous month (October 2023).

On a year-on -year basis, the fare rose by 11.01% from N73,270.27 in November 2022. The average transport fare paid on Okada transportation was N473.13 in November 2023 which declined by 6.74% when compared with the value recorded in October 2023 (N507.30). On a year-on-year basis, the fare rose by 3.07% when compared with November 2022 (N459.02). For water transport (waterway passenger transportation), the average fare paid in November 2023 decreased to N1,352.70 from N1,395.68 which indicates a decrease of -3.08% on monthly basis. On a year-on-year basis, it increased by 34.42% from N1,006.33 in November 2022. 

Data source: National Bureau of Statistics

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