As they are necessities, the hike in food staples across the nation is hardly unnoticed but little did it come to mind that the cost of transportation had also taken a quantum leap. This conjecture is according to the latest report of the National Bureau of Statistics, stating that the cost of commuting nationwide has gone up to 40.56 percent.
This hike according to the agency is from September 2020 to September 2021where the average transport fare paid by commuters in September 2020 was ₦309.73, while the same fare went for ₦435.36 in September 2021. The fare rose from an average of ₦430.58 in August to ₦435.36 in September.
Aviation not left out
The cost of air travel saw marginal increases as the industry picks up gradually from the negative effects of the COVID-19 pandemic.
To cap it, the NBS stated that the average fare paid by air passengers for specified routes (single journey routes) increased by 0.32 percent MoM to ₦36,922.97 from ₦36,805.41 in the previous month. It also increased by 0.1 percent from the corresponding period in 2020.
Recall that a news report had indicated some time ago that the contribution of the aviation sector dwindle by 50 percent although promising to recover.
As deduced from the report on a month-on-month basis, from August to September, the average fare paid by commuters for a bus journey within major cities in the country increased by 1.11 percent.
- Zamfara State in the report has the highest average intra-city bus fare of ₦685.24 during September, followed by Bauchi State which saw an average bus fare cost of ₦630.17.
- Taraba State was the third highest in the report with an average bus fare of ₦560.73. Meanwhile, the states with the lowest bus fare journey were Oyo with a ₦215.43 average cost, Abia with ₦245.07, and Borno with ₦300.45.
- The report which came to the limelight through its Transport Fare Watch report for September 2021, has this to say in specifics.
“The average fare paid by commuters for bus journey intercity increased by 1.24 percent MoM and by 20.09 percent YoY to ₦2,620.9 in September 2021 from ₦2,588.69 in August 2021.
“The states with the highest bus journey fare intercity were Abuja FCT (₦4,755.62), Lagos (₦3,648.34), and Sokoto (₦3,487.02) while states with lowest bus journey fare within the city were Bayelsa (₦1,876.04), Bauchi (₦1,930.12), and Akwa- Ibom (₦1,983.10).”