Taraba and Bauchi states have led states in intra-city bus fares for the month of April, according to the new Transport Fare Watch for April 2023 by the National Bureau of Statistics.
The report noted, “In another category, the average fare paid by commuters for bus journey intercity per drop was N3,994.51 in April 2023, indicating an increase of 0.05 per cent on a month-on-month basis compared to the N3,992.36 recorded in March 2023. On a year-on-year basis, this rose by 12.30 per cent from N3,557.15 in April 2022.”The NBS stated, “The average fare paid on Okada transportation was N462.29 in April 2023, which was 0.02 per cent higher than the rate recorded in March 2023 .
On air transport, the report noted, “In air travel, the average fare paid by air passengers for specified routes single journey increased by 0.26 per cent on a month-on-month basis from N74,755.41 in March 2023 to N74,947.30 in April 2023. On a year-on-year basis, the fare rose by 35.04 per cent from N55,501.49 in April 2022.”
President Bola Tinubu had affirmed during his swearing-in ceremony that his administration would not continue to pay subsidy on petroleum products.
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