The National Bureau of Statistics (NBS) has identified the South-South region of Nigeria as the zone with the highest intercity bus travel fares in July 2024.
This is across Nigeria’s six geopolitical zones, with an average fare of N7,637.14, exceeding the national average of N7,117.17
This is according to data from the Transport Fare Watch report for July 2024, released by the bureau on Monday.
According to the report, the South South’s July 2024 average represents a 0.42% increase from the previous month’s figure of N7,604.90 and a significant 29.50% rise compared to July 2023.
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Following closely, the South East zone recorded the second-highest intercity bus travel fares in July 2024, with an average of N7,319.64. This marks a 1.11% month-on-month increase from N7,238.93 in June and a 14.19% year-on-year increase from N6,410.30 in July 2023.
The North East zone ranked third, with an average fare of N7,051.65, showing a slight 0.20% increase from N7,037.39 in June and a 15.96% rise compared to N6,081.04 in July 2023.
The North West zone followed with an average fare of N7,000.17 in July 2024, reflecting a 0.12% increase from June’s N6,991.93 and a 24.05% increase from N5,643.03 in July 2023.
The South West zone recorded the fifth-highest fares, averaging N6,986.37, a 0.20% increase from N6,972.10 in June and a 14.37% rise from N6,108.39 in July 2023.
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The North Central zone had the lowest intercity bus fares in July 2024, with an average of N6,812.11, representing a 0.22% increase from N6,797.25 in June 2024 and a 22.44% rise from N5,563.74 in July 2023.
The NBS report for July 2024 also offered a detailed analysis of intercity bus fares across Nigeria at the state level, highlighting significant disparities.
