See the new price list by transport companies as filling stations adjust pump price

3 weeks ago 60

The NBS has revealed that Nigerians pay more to move from one part of the country to another as fuel prices increase
New data shows that bus journeys within the city per drop decreased to 2.18% while bus journeys intercity per drop increased by 0.35%
The highest transportation far was recorded in South-West states followed by the South-South while the South-East recorded the least

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According to the National Bureau of Statistics (NBS), the average fare paid by commuters for bus journeys between cities was N7,117.17 per drop in July 2024.

This represents a 20.23% decline in transport costs compared to the average N5,919.49 recorded in July 2023.

When comparing July's average fare to N7,092.03 paid in June 2024, the cost of transportation from one state to another increased by 0.35% month over month.

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NBS disclosed this in its latest transport fare watch list report for July, released on its website.

Breakdown of fuel price

In another category, the bureau stated that the average fare paid by commuters for bus journeys within the city was N942.61 per drop in July 2024.

This represents a 2.18% decrease compared to the average fare of N963.58 per drop in June 2024.

States with the highest, lowest transport costs

The report also provided a breakdown of state residents paid more for travel by bus.

Part of the report reads:

"On state profile analysis, for intercity bus travel (state route charged per person fare), the highest fare was recorded in Anambra with N9,566.89, followed by Gombe with N8,299.44. "The least fare was recorded in Kwara with N5,518.38, followed by Ebonyi with N5,596.11. Taraba state recorded the highest bus journey within the city (per drop constant route) in July 2024 with N1,457.28 followed by Ondo with N1,200.94."For analysis by zone in July 2024, transport fares for bus journeys within the city were highest in the South-West at N976.70, followed by the South-South at N965.75, while the South-East recorded the lowest at N901.26. "For intercity bus journeys, the South-South had the highest fare at N7,637.14, followed by the South-East at N7,319.64, with the North-Central region recording the lowest fare at N6,812.11."