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

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Thursday, June 15, 2017 10:00 AM / NBS

The transport fare watch report for May 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 decreased by 2.72% month-on-month and increased by 48.78% year-on-year to N131.00 in May 2017 from N134.66 in April 2017.

 States with highest bus journey fare within city in May 2017 were Abuja (N250.00), Katsina (N212.82) & Cross River (N211.82) while States with lowest bus journey fare within city in May 2017 were Enugu (N79.55), Yobe (N75.00) & Borno (N58.57).

 Average fare paid by commuters for bus journey intercity decreased by 1.39% month-on-month and  increased by 33.96% year-on-year to N1,565.00 in May 2017 from N1,587.04 in April 2017.

 States with highest bus journey within city in May 2017 were Abuja (N4,833.33), Adamawa (N3,266.67) & Niger (N2,388.89) while States with lowest bus journey fare within city  in May 2017 were Kano (N875.00), Katsina (N900.00) & Jigawa (N995.45).

 Average fare paid by air passengers for specified routes single journey increased by 2.76% month-on-month and by 35.62% year-on-year to N31,651.79 in May 2017 from N30,803.03 in April 2017.

 States with highest air fare in April 2017 were Abuja FCT (N43,000.00), Jigawa (N40,800.23) & Taraba (N40,000) while States with lowest air fare in May 2017 were Katsina (N23,450.00), Kogi (N23,400.00) & Osun (N25,400).

 Average fare paid by commuters for journey by motorcycle per drop decreased by 1.32% month-on-month and increased by 20.20% year-on-year to N99.49 in May 2017 from N100.82 in April 2017.

 States with highest journey fare by motorcycle per drop in April 2017 were Bayelsa (N174.55), Rivers (N196.67) & Abia (N159) while states with lowest journey fare by motorcycle per drop in May 2017 were Niger (N52.22), Bauchi (N55.00) & Zamfara (N56.25).

 Average fare paid by passengers for water way passenger  transport increased by 0.65% month-on-month and 14.78% year-on-year to N601.42 in May 2017 from N597.56 in April 2017.

 States with highest fare by water way passenger  transport in May 2017 were Bayelsa (N2,175.00), Rivers (N1,675.00) & Cross River (N1,650.00) while states with lowest fare by water way passenger  transport in May 2017 were Kebbi (N235.14), Gombe (N171.99) & Borno (N150.00).

 

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

Latest 2017 NBS Reports

Q2 2017

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

2.      125,790 Cases of Reported Offences Recorded in 2016 - NBS

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

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

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

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

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

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

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

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

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

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

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

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

15.   Lagos, Rivers Top IGR for Full Year 2016

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

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

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

19.  2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS

20. FAAC Disburses N466.93bn in March 2017

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

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

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

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

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

26. 7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS

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

Q1 2017

28. 11,363 Road Traffic Crashes Recorded in 2016 - NBS

29. FAAC Disburses N514.15bn in February 2017

30. FAAC Disburses N430.16bn in January 2017

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

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

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

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

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

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

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

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

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

40. JAMB Received 11.7m Applications Between 2010 and 2016

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

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

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

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

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

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

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

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

49. 4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS

50. 19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS

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

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

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

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

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

56.  10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS

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

58. 72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS

59.  Lagos, Ogun Top IGR for H1 2016

 

 

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