Featured Finance

Average price paid for bus fare increased in October — NBS

By Thompson ABISOLA

The National Bureau of Statistics (NBS) says the average fare paid by commuters

for bus journey within cities in the country increased from N185.47 in September to N193.21 in October.

The bureau said this in its Transport Fare Watch (October 2018 ) report released in Abuja on Friday.

According to the report, the fare increased by 4.18 per cent month-on-month and 50.31 per cent year-on-year.

It noted that states with highest bus journey fare within cities were Abuja FCT (N400.00), Cross River (N325.71)
and Abia (N275.00) .

It also named the states with lowest bus journey fare within cities to include Rivers (N133.85), Anambra (N104.00)
and Bauchi (N120.00).

According to the bureau, the average fare paid by commuters for intercity bus journey increased from N1,813.77 in September
to N1,818.12 in October.

It said that the average fare for intercity increased by 0.24per cent month-on-month and increased by 19.60per cent year-on-year.

“States with highest intercity bus journey fare were Abuja FCT (N4,666.67), Adamawa (N3,328.57) and Borno (N2,800.00).

“Also, states with lowest bus journey fare within city were Bayelsa (N1,233.33), Enugu (N1,177.50) and Bauchi (N1,157.14).’’

According to NBS, transport fare watch report for October 2018 covers categories such as bus journey within the city per drop,
constant route,  bus journey intercity, state route and charge per person.

It also covered air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water
way passenger transport.

 

Related posts

Coalition seeks review of power sector privatisation

By Elizabeth ADENUGA

Over 200 communities displaced, six feared dead as flood ravages Rivers, Delta

Editor

Inflation, foreign exchange impacting meter prices

Our Reporter

The PIB dilemma

Our Reporter

Buhari extends FFS boss tenure

Editor

Newly recruited NNPC graduate trainees assume duty on Monday