AVERAGE CITY BUS FARE RISES 2.43% TO N1,431 IN MAY

The average fare for city bus services across major Nigerian urban centres increased by 2.43% to N1,431 in May, reflecting continued pressure from rising operational costs and inflationary trends in the transportation sector.

According to data released by the National Bureau of Statistics (NBS) on Friday, the upward adjustment was driven by higher fuel prices, spare parts costs, and maintenance expenses faced by operators. The report, which tracked fares in key cities including Lagos, Abuja, Kano, and Port Harcourt, showed variations across routes, with longer intra-city journeys witnessing steeper increases.

Transportation analysts attribute the persistent rise to the removal of fuel subsidies and global energy market volatility, which have significantly impacted the cost structure of mass transit services. “Bus operators are passing on these costs to commuters as they struggle to maintain fleet operations amid economic headwinds,” said Mr. Chinedu Okafor, a transport economist.

Commuters have expressed frustration over the incremental hikes, which compound the existing cost-of-living crisis. Many residents in Lagos reported spending a larger portion of their income on daily transportation, with some opting for alternative means such as tricycles or walking shorter distances.

The NBS noted that while the month-on-month increase was moderate at 2.43%, the year-on-year rise stood at a more significant 28.7%, highlighting the sustained inflationary pressure on public transportation.

Stakeholders are calling for government intervention, including subsidies for mass transit operators, improved road infrastructure, and the expansion of rail and bus rapid transit systems to ease the burden on citizens. The Lagos State Government has hinted at reviewing its transport policies to introduce more affordable options and regulate fare structures more effectively.

As Nigeria continues to grapple with economic reforms, analysts warn that unchecked increases in transportation costs could further constrain mobility, productivity, and access to opportunities in urban areas. The NBS is expected to release June figures in the coming weeks amid ongoing monitoring of the sector.