Transport Fares Rose By 283% Amid Rising Fuel Subsidy – NBS report

A National Bureau of Statistics report shows that intra-city transport fares in Nigeria have increased by 283 per cent on the average amid the rising cost of fuel subsidy to the Federal Government.

The average cost of bus transportation within Nigerian cities rose from N122.83 in January 2017 to N470.83 in December 2021, reports have shown.

This means that the cost of intra-city bus transportation has risen by 283 per cent or N384 in four years.

This is according to an analysis of data from the Transport Fare Watch reports of the National Bureau of Statistics.

In 2017, Abuja had the highest intra-city bus transport cost at N290.55 while Borno had the lowest at N50.

In 2021, Zamfara had the highest intra-city bus transport cost at N700.22 while Abia had the lowest at N294.44.

The data shows that the lowest cost in 2021 is 2.4 times higher than the average cost in 2017.

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