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Average Air Fare Increased by 31.31% YoY in September 2017

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Tuesday 17th October 2017 9.00AM/ NBS

 The transport fare watch report for September 2017 covers the following categories namely bus journey within the city per drop constant route ; bus journey intercity, state route, charge per person; air fare charge for specified routes single journey; journey by motorcycle (okada) per drop; and  water way passenger  transport.

 Average fare paid by commuters for bus journey within the city increased by 0.07% month-on-month and by 3339% year-on-year to N130.38 in September 2017 from N130.29 in August 2017.

 States with highest bus journey fare within city in September 2017 were Cross River (N255.56), Abuja FCT (N240.00) & Ekiti (N203.64) while States with lowest bus journey fare within city in September 2017 were Ogun (N64.75), Borno (N68.44) & Katsina (N69.80).

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 Average fare paid by commuters for bus journey intercity increased by 6.62% month-on-month and by 15.77% year-on-year to N1,520.12 in September 2017 from N1,425.80 in August 2017.

 States with highest bus journey fare intercity in September 2017 were Abuja (N4,850.00), Adamawa (N2,750.32) & Lagos (N2,307.63) while States with lowest bus journey fare within city  in September 2017 were Jigawa  (N1,050.00), Kano (N997.50) & Katsina (N987.14).

Average fare paid by air passengers for specified routes single journey increased by 2.00% month-on-month and by 31.31% year-on-year to N32,384.40 in September 2017 from N32,750 in August 2017.

 States with highest air fare in September 2017 were Abuja FCT (N45,000.00), Jigawa (N40,500.00) & Edo (N39,500.00) while States with lowest air fare in August 2017 were Katsina  (N24,500.00), Kogi (N24,800.00) & Osun (N27,120.00).

 Average fare paid by commuters for journey by motorcycle per drop increased by 3.55% month-on-month and by 16.35% year-on-year to N100.06 in September 2017 from N96.63 in August 2017.

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 States with highest journey fare by motorcycle per drop in September 2017 were Rivers (N173.75), Edo (N168.89) & Bayelsa (N162.50) while states with lowest journey fare by motorcycle per drop in September 2017 were Ekiti (N55.33), Katsina (N53.08) & Niger (N49.14).

 Average fare paid by passengers for water way passenger  transport increased by 2.48% month-on-month and 16.37% year-on-year to N604.72 in September 2017 from N590.06 in August 2017.

 States with highest fare by water way passenger  transport in September 2017 were Bayelsa (N2,187.50), Rivers (N1,800.00) & Cross River (N1,560.00) while states with lowest fare by water way passenger  transport in September 2017 were Kebbi (N250.00), Gombe (N180.00) & Borno (N151.32).

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Click Here to Download Sep 2017 Transport Fare Watch (PDF) Report 

Latest 2017 NBS Reports 

Q4 2017

1.       Multiple Indicator Cluster Survey 2016-17

2.      Pension Fund Asset under Management as at 31 December 2016 stood at N6,164.76bn - NBS

3.      835.58m Crude Oil Processed from 1997 to 2014

4.      N701.85bn Gross Revenue Generated in July 2017 

Q3 2017

5.      FAAC Disburses N467.85bn in August 2017 - NBS

6.      Lagos Accounted for 74.8% of International Passenger Traffic in Q2 2017

7.      Lagos State Has the Highest Foreign and Domestic Debts as at June 2017

8.     CPI Drops to 16.01% in August 2017, 0.04% Lower Than 16.05% July Rate

9.      Average Air Fare Increased by 32.75% YoY in August 2017

10.  Average Prices of PMS, AGO, HHK and Cooking Gas - August 2017

11.   Average Price of 1kg of Yam Tuber Increased by 53.98% YoY in August 2017

12.  Nigeria’s Merchandise Trade Grew Marginally QoQ but Significantly YoY in Q2 2017

13.  2,287 Drug Abuse Convictions Secured in 2016 - NBS

14.  Average Price of 1kg of Tomato Increased YoY by 15.65% in July 2017 - NBS

15.   Average Prices of PMS, AGO, HHK and Cooking Gas - July 2017

16.  Average Intercity Fare Increased YoY by 27.49% in July 2017 - NBS

17.   CPI Drops to 16.05% in July 2017, 0.05% Lower Than 16.10% June Rate

18.  Total Value of Capital Imported into Nigeria in Q2 2017 Estimated at $1,792.3m - NBS

19.  FAAC Disburses N652.23bn in July 2017 - NBS

20. Active Voice Subscribers Dropped by 6.67% in Q2 2017 – NBS

21.  Banking Sector Records 327.37m Volume of Transactions in Q2 2017 - NBS

22. 870,397 Candidates Sat for NECO in June and July 2016

23. 3,457 Nigerians Repatriated from Abroad in 2016 – NBS

24. Corruption in Nigeria - Bribery as Experienced by the Population

25.  Nigeria Produced 656.8m Barrels of Crude Oil in 2016

26. 2,503 Road Traffic Crashes Recorded in Q2 2017 - NBS

27.  Daily Energy Generation Attained a Peak of 4,079MW in Q2 2017 - NBS

28. 7.59m Nigerians Are Registered Under the National Pension Scheme as at Q2’17 - NBS

29. FAAC Disburses N462.36bn in June 2017 - NBS

30. NBS Annual Abstract of Statistics 2016

31.  Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - June 2017

32. Average Intercity Transport Fare Decreases to N1,559.68 in Jun’17 from N1,565 in May’17

33. Average Price Of 1kg Of Yam Tuber Increased YoY by 32.84% in June 2017 -NBS

34. CPI Drops to 16.10% in June 2017, 0.15% Lower Than 16.25% May Rate 

Q2 2017

35.  FAAC Disburses N418.82bn in May 2017 - NBS

36. GDP By Income and Expenditure Approach – Basic Price GDP Declines by 2.3% in Q3’16 - NBS

37.  Average Price Watch of PMS, AGO, HHK and Cooking Gas - May 2017

38.   Average Intercity Transport Fare Decreases to N1,5865. in May’17 from N1,587.04 in Apr’17

39.   Average Price Of 1kg Of Yam Tuber Increased YoY by 52.69% in May 2017 - NBS

40.   CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate

41.  N204.77bn Generated as VAT in Q1 2017 - NBS

42. 125,790 Cases of Reported Offences Recorded in 2016 - NBS

43. Labour Productivity Rose to N684.43 in 2016 - NBS

44. Merchandise Trade Grew By 0.1% - Positive Trade Balance Due to Rising Exports & Falling Imports

45.  Unemployment Rate Rises to 14.2% in Q4’16 from 13.9% in Q3’16 - NBS

46. Lagos Airport Accounted for 76.5% of International Passengers in Q1 2017 - NBS

47.  FAAC Disburses N496.39bn in April 2017 - NBS

48. Banking Sector Records 304.31 mln Volume of Transaction in Q1 2017 - NBS

49. Total Value of Capital Imported into Nigeria in Q1 2017 Estimated at $908.27m - NBS

50. GDP Contracts by -0.52% in Q1’17 from -1.73% in Q4’16; 5th Consecutive Quarter of Contraction

51.   Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch – April 2017

52.  Average Intercity Transport Fare Increases to N1,587.04 in Apr’17 from N1,466.46 in Mar’17

53.  Average Prices of 1kg of Yam Tubber Increased by 42.45% YoY in April 2017

54.  CPI Drops to 17.24% in April 2017, 0.02% Lower Than 17.26% March Rate

55.  Lagos, Rivers Top IGR for Full Year 2016

56.  Telecoms Subscribers Dropped by 1.33% in Q1 2017 - NBS

57.  Nigeria Imports 4.05bn Litres of PMS in Q1 2017 - NBS

58. Lagos State has the highest domestic and foreign debt profile in 2016 - NBS

59.  2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS

60. FAAC Disburses N466.93bn in March 2017

61.  Daily Energy Generation Attained a Peak of 5,846 MW in Q1 2017 - NBS

62. Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - March 2017

63. Average Intercity Transport Fare Increases to N1,466.46 in Mar’17 from N1,411.87 in Feb’17

64. Average Prices of 1kg of Yam Tubber Increased by 63.4% YoY in March 2017

65.  CPI Drops to 17.26% in March 2017, 0.52% Lower Than 17.78% February Rate

66. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

67.  Lagos Airport Accounted for 69.1% of International Passengers in 2016 - NBS 

Q1 2017

68. 11,363 Road Traffic Crashes Recorded in 2016 - NBS

69. FAAC Disburses N514.15bn in February 2017

70. FAAC Disburses N430.16bn in January 2017

71.   Average Intercity Transport Fare Decreases to N1,411.87 in Feb’17 from N1430.63 in Jan’17

72.  Average Price of 1kg of Rice Increased by 68% YoY in February 2017

73.  Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - February 2017

74.  CPI Drops to 17.78% in February 2017, 0.94% Lower Than 18.72% January Rate

75.  Nigeria Produced 43.49m Tons of Solid Minerals in 2016 - NBS

76.  NIPOST Generates N8.84bn Revenue in 2016 - NBS

77.  Q4 2016 Merchandise Trade Intensity - Total Trade Grows by 6.5% in 2016

78. Merchandise Trade Grows in Q4 2016 - Records First Quarterly Positive Trade Balance Since Q4 2015

79.  GDP Contracts by -1.30% in Q4 and -1.51% for Full Year 2016; Is Nigeria on Its Way Out of Recession?

80.JAMB Received 11.7m Applications Between 2010 and 2016

81.  Average Kerosene Price Increases to N433.84 in Jan'17 from N231.85 in Dec'16

82. Average Intracity Transport Fare Increases to N122 in Jan'17 from N84.29 in Dec'16

83. Average Cooking Gas Price Increases to N2,567.56 in Jan’17 from N2,002.16 in Dec’16

84. Average Diesel Price Increases to N240.52 in Jan’17 from N196.20 in Dec’16

85. Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16

86. CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate

87. GENCOs Issued Total Invoice of N331bn to DISCOs in 2016

88.Nigeria Produced 5.79 mln Tonnes of Fish Between 2010 and 2015

89. 4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

90. 19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

91.  Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS

92. Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS

93. FAAC Disburses N426.88bn in December 2016 - NBS

94. Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS

95.  Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS

96. 10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

97.  Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS

98. 72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

99. Lagos, Ogun Top IGR for H1 2016

 

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