Commuter Bus Fare Declines By 0.16% In April 2024, Up 49.32% Y-o-Y, Says NBS

The average transportation fare paid by commuters for bus journeys within Nigerian cities declined slightly by 0.16%, from N969.32 in March 2024 to N967.76 in April 2024.

This statistic was contained in the National Bureau of Statistics (NBS) Transport Fare Watch for April 2024, recently published on the NBS website.

The report also indicated a year-on-year increase of 49.32%, with fares rising from N648.12 in April 2023 to N967.76 in April 2024.

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“The average fare paid by commuters for bus journeys within the city per drop declined to 0.16% from N969.32 in March 2024 to N967.76 in April 2024.

“On a year-on-year basis, it rose by 49.32% from N648.12 in April 2023,” the report read in part.

Furthermore, the report highlighted that Taraba State had the highest average fare for bus journeys within cities, at N1,450 per drop.

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Ondo State followed with N1,200 per drop, while Imo and Lagos States shared the third position at N1,150 per drop.

Conversely, Abia State recorded the lowest average fare for bus journeys within cities in Nigeria in April 2024, with commuters paying N500 per drop.

Adamawa State came next with N590 per drop, and Sokoto State ranked third among the states with the lowest average fare, at N650 per drop.