Average Intercity Fare Decreased By -1.54% MoM to N1790.14 in November 2018 – NBS

0
1270

The Transport fare watch report for November 2018 covers the following categories namely 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.

Average fare paid by commuters for bus journey within the city decreased by -0.39% month-on-month and increased by 39. 27% year-on-year to N192.46 in November 2018 from N193.21 in October 2018. States with highest bus journey fare within city were Abuja FCT (N395.00), Cross River (N320.00) and Kebbi (N280.00) while States with lowest bus journey fare within city were Rivers (N110.00), Anambra (N110.00) and Bauchi (N100.00).

Average fare paid by commuters for bus journey intercity decreased by -1.54% month-on-month and increased by 18.95% year-on-year to N1,790.14 in November 2018 from N1,818.12 in October 2018. States with highest bus journey fare intercity were Abuja FCT (N4,500.00), Plateau (N3,000.00) and Borno (N2,850.00) while States with lowest bus journey fare within city were Enugu (N1,185.00), Edo (N1,100.00) and Abia (N1,000.00).

Average fare paid by air passengers for specified routes single journey increased by 2.12% month-on-month and by 0.96% year-on-year to N32,804.05 in November 2018 from N32,122.76 in October 2018. States with highest air fare were Lagos (N40,500.00), Abuja FCT (N38,500.00) and Jigawa (N38,500.00) while States with lowest air fare were Oyo (N25,000.00), Taraba (N25,500.00), and Osun (N25,500.00).

Average fare paid by commuters for journey by motorcycle per drop decreased by -6.03% month-on-month and increased by 25.82% year-on-year to N121.76 in November 2018 from N129.56 in October 2018. States with highest journey fare by motorcycle per drop were Ogun (N220.00), Ondo (N210.00) and Bayelsa (N200.00) while states with lowest journey fare by motorcycle per drop were Adamawa (N50.00) Zamfara (N60.00) and Niger (N60.00).

Average fare paid by passengers for water way passenger transport decreased by 6.83% month-on-month and -5.44% year-on-year to N563.11 in November 2018 from N604.36 in October 2018. States with highest fare by water way passenger transport were Bayelsa (N2,150.00), Rivers (N1,700.00) and Delta (N1,560.00) while states with lowest fare by water way passenger transport were Borno (N110.00), Niger (N200.00) and Kebbi (N200.00).

SHARE
Previous articleGunmen kill Rivers APC chieftain
Next articleEFCC moves for interim forfeiture of Bankers Warehouse’s $2.8m
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.