“Nigerians Spent More On Transport Fare In March” – NBS

Transport

The National Bureau of Statistics (NBS) said that Nigerians paid more for transportation fares in March 2022 than the previous month across the various states.

The agency disclosed this in a report titled ‘Transport Fare Watch (MARCH 2022)’ which was published on Monday.

According to the NBS, the report presents the watch for last month covering various categories of the transport sector.

The report includes bus journey within the city per drop constant route; bus journey – intercity, state route, charge per person; airfare charge for specified routes single journey; journey by motorcycle, also known as okada, and waterway passenger transport.

“The average fare paid by air passengers for specified routes single journey, increased by 4.43 per cent on a month-on-month from ₦44,825.04 in February 2022 to ₦46,810.62 in March 2022,” the report said. “On a year-on-year, the fare rose by 28.26 per cent (₦36,495.41) in March 2021.

“The average fare paid by commuters for bus journey intercity per drop rose to ₦3,270.94 in March 2022, indicating an increase of 5.29 per cent on a month-on-month compared to the value of ₦3,106.72 in February 2022. The fare, however, rose by 35.65 per cent (₦2,411.29) on a year-on-year, in March 2021.”

The average fare paid by commuters for bus journeys within the city per drop, the report revealed, increased by 4.41 per cent on a month-on-month from ₦513.72 in February 2022 to ₦536.35 in March 2022.

In terms of year-on-year, the average fare paid by commuters for bus journeys within the city per drop rose by 42.17 per cent from ₦377.27 in March 2021 to ₦536.35 in March 2022.

“In another category, the average fare paid by commuters for journey by motorcycle per drop increased by 4.22 per cent on month-on-month from ₦379.12 in February 2022 to ₦395.12 in March 2022,” the report added. “Also, in terms of year-on-year, the fare rose by 45.57 percent from ₦271.44 in March 2021 to ₦395.12 in March 2022.

“The average fare paid for water transport (waterway passenger transportation) in March 2022 dropped to ₦890.03 showing a decrease of 2.53 per cent on month-on-month from ₦913.13 in February 2022. On year-on-year, the fare rose by 10.10 per cent from ₦808.38 in March 2021 to ₦890.03 in March 2022.”

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