BusinessDay

Commuters paid higher fares for bus, motorcycle in November 2018

Commuters, on the average, paid higher transport fare on journey by bus (within and intercity) and motorcycle in November 2018 compared to the same month of the previous year, according to figures released by the National Bureau of Statistics (NBS).
The transport fare report showed that the average fare paid by commuters for bus journey within city per constant route drop by 0.39 percent to N192.46 in November from N193.21 recorded in previous month. On a year-on-year basis, average transport fare across state for bus journey by 39.2 percent from N139.19 recorded in the corresponding month of previous year.
States with the highest average price for bus journey within were Abuja (N395), Cross-River (N320) and Kebbi (N280), while Anambra (N110), Rivers (N110) and Bauchi (N100) recorded the lowest, according to NBS.
Transport fare across states for intercity bus journey averaged N1, 790.14, indicating a 1.54 percent reduction from N1, 818.12 recorded in October, 2018. On a year-on-year basis, average fare paid by commuters for intercity bus journey jumped by 18.9 percent in November 2018, from N1, 505.00 obtained in the corresponding month of previous year.
Abuja (N4, 500), Plateau (N3, 000) and Borno (N2, 850) emerged as the states with the highest average prices for intercity bus journey in November 2018, while Enugu (N1, 200), Edo (N1, 150) and Abia (N1, 150) recorded the lowest average prices for bus journey intercity in the eleventh month of 2018.
The average fare paid by commuters for journey by motorcycle went down by 6.03 percent to N121.76 in November 2018 from N129.56 in October 2018, and also climbed up by 25.8 percent from N96.77 recorded in November 2017. Ogun (N220), Ondo (N210) and Bayelsa (N200) were recorded the highest average price for journey by motorcycle, while average prices were low in Niger (N60), Zamfara (N60) and Adamawa (N50).
 
According to the statistics body, average price paid for petrol (premium motor spirit) grew by 0.2 percent (month-on-month) and 1.3 percent (year-on-year) to N147.5 in November 2018 compared to N145.6 recorded in same month of previous year. Highest and lowest average price paid for petrol were recorded Kebbi (N158.24) and Imo (N142.5), respectively.
Similarly, average price paid for diesel (automotive gas oil) also went up by 0.1 percent (month-on-month) and 10.18 percent year-on-year to N219.54 in the month under review, compared to N201.96 recorded last year. Average price of diesel was maximal in Imo (N242.11) and minimal in Kaduna (N195.50), the statistics office disclosed.
 
 

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