The National Bureau of Statistics (NBS) has disclosed that the average fare paid by commuters for bus journeys within cities increased to 3.45% from N869.35 in August 2024 to N899.31 in September 2024.
While on a year-on-year basis, it declined by 32.38% from N1,329.94 in September 2023.
NBS disclosed this in its latest transport fare watch (October 2024), released on its website.
The report also revealed that the average fare paid by commuters for an intercity bus journey per trip was N7,175.06 in September 2024.
This represented an increase of 0.22% on a month-on-month basis compared to N7,159.00 in August 2024.
While on a year-on-year basis, the fare rose by 21.26% from N5,917.16 in September 2023, Punch reports.
The bureau also revealed the states where Nigerians paid more to travel both within and outside their residence.
The report noted:
Earlier, TimesNow.com.ng reported a new fuel price at filling stations as marketers prepare to load petrol products from the refinery.
The deregulated petroleum market means market forces will now determine the pump price.
Motorists have shared their experiences buying at the new prices at filling stations.
Proofread by Kola Muhammed, journalist and copyeditor at TimesNow.com.ng
Source: TimesNow.com.ng
