There was a general increase in transport fares across different modes of transportation in the country in December 2022. The report on transport fares released by the National Bureau of Statistics (NBS) in January 2023 revealed that the average fare paid by passengers for bus journey within the city per drop increased from N637.10 in November 2022 to N644.66 in December 2022, representing a 1.19% increase on a month-on-month basis.
March 1, 2023
Nigeria Economic Update(Issue 5)
Related
Balance Of Trade (Export And Import)
Balance of Trade (Export and Import): With export and, to lesser extent, import declining balance of trade fell deeply in 2015 and, to lesser extent, in 2016Q1.
Net Foreign Exchange Flows Through The Nigerian Economy
Net Foreign Exchange Flows through the Nigerian Economy: The recent fall in foreign exchange earnings reflects the decline in both oil sector receipts from CBN, and non-oil sector inflows from autonom