Against the backdrop of a softening inflationary pressure, average transportation fare paid by commuters intra-city increased to N122.85 in February 2017, up 50.42 per cent year-on-year (YoY) from N122.83 in January 2017, Vanguard reports. The rate of increase was however, narrower month-on-month (MoM), recording 0.01 per cent.
According to the Transportation Fare Watch released, yesterday, by the National Bureau of Statistics, NBS, Abuja recorded the highest bus journey fare within the period, at average of N257.50 standard distance, followed by Cross River (N223.33) and Adamawa (N200) while States with lowest bus journey fare were Yobe N60, Borno N68.75 and Plateau N78.57.
However, the report said that average fare paid by commuters for bus journey inter-city dropped by 1.31 percent MoM to N1, 411.87 in February 2017 as against N1,430.63 recorded in January 2017. It increased by 26.00 percent YoY. Also, average fare paid by air passengers for specified routes single journey dropped by 0.24percent MoM and increased by 27.34 percent YoY to N30,718.10 in same period from N30,793.43 in the preceding month.