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Cost of Bus Transportation in Nigeria Rises 50% in One Year

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Cost of Bus Transportation

By Ashemiriogwa Emmanuel

The average bus fare paid by commuters for journeys within cities across states of the federation increased by 50 per cent year-on-year to N430.58 per drop constant route in August 2021 from N286.99 in the same time of last year.

According to the latest report from the National Bureau of Statistics (NBS), the cost of bus transportation also increased by 5 per cent month-on-month from N410.2 in July 2021.

A look at the price watch for individual states showed that residents of Zamfara and Bauchi States paid the highest average fare for bus Journey within cities during the review period at N670.3 and N635.1 per drop constant route respectively.

This was followed by Taraba State where commuters paid approximately N550.1 on average for bus transportation within cities in the state.

In contrast, Oyo State recorded the lowest average price during the reference period as people paid N220.5 to move by bus from one city to another within the inland state of southwestern Nigeria.

Behind this were Abia and Borno States where the average cost of the bus transport service stood at N239.4 and N297.2 respectively.

Similarly, the average fare paid by commuters for bus journeys from one city to another (intercity) also went up by 1.8 per cent month-on-month to N2,588.7 in August 2021 from N2,542.95.

According to the data,  the state with the highest bus journey fare intercity within the period was the Federal Capital Territory, Abuja where people paid N4,700.1 to travel to another city.

This was followed by Lagos and Sokoto where it recorded an average price as high as N3,600.0 and N3,450.2 respectively, while the lowest average cost was recorded in Bayelsa (N1,859.36), Bauchi (N1,900.60), and Akwa Ibom (N1,950.20) accordingly.

Air Transportation

According to the stats office, the average price paid by air passengers went up by a marginal 0.1 per cent month-on-month within the period to N36,805.41 for specified routes single journey in August from N36,793.24.

This also showed a 0.53 per cent year-on-year increase from N36,611.2 published for the same time last year.

The report showed that Rivers and Edo States recorded the highest average cost of air travel at N38,900 and N38,500 respectively, which was followed by the country’s largest economic hub, Lagos where it cost N38,200.

However, the lowest airfare was recorded in Akwa-Ibom at N33,100, Sokoto at N33,700, as well as and Gombe at N35,200 according to the order of listing.

Motorcycle Transportation

Observing the price watch for motorcycle transportation in the country, it the average fare paid by commuters per drop increased by 3.2 per cent month-on-month to N303.25 in August 2021 from N294.02.

On a year-on-year basis, it also went up by 54.2 per cent from N196.7 it cost last year.

In addition, commuters in Yobe who opted for motorcycle transportation within the period paid the highest average at N500.5 per drop. Behind this were Lagos and Taraba state where it cost N487.2 and N465.1 respectively.

However, it was paid for at the lowest in states like Adamawa at N107.1, Niger at N180.1, as well as, Katsina at N180.3 per drop.

Waterway Transportation

The average fare paid by people who travelled by water within the period under review similarly increased by 1.9 per cent month-on-month to N848.2 in August 2021 from N831.97, marking a 23.6 per cent year-on-year increase from N686.7.

The fare for waterway transport recorded the highest average in the southern part of the country, particularly in the oil-producing state, Delta at N2,550.5, followed by Bayelsa at N2,500.47, and Rivers at N2,300.1.

On the other hand, passengers paid the lowest waterway transport fare within the period in states such as Borno (N270.64), Kebbi (N360.11), and Taraba (N380.20).

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Police Resumes Issuance of Tinted Glass Permit, Gives 30-Day Grace Period

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tinted glass in nigeria

By Modupe Gbadeyanka

In order to tackle the constant harassment of motorists by security operatives over the use of tinted windows in the country, the Nigeria Police Force (NPF) has resumed the issuance of tinted glass permit.

In a statement by its spokesman on Wednesday, Mr Olumuyiwa Adejobi, the police said motorists can now apply for the permit via a digital platform designed to make the process seamless.

The reactivation of the permit system is a strategic move to identify lawful users such as individuals with medical requirements or members of the security community while preventing misuse for criminal activities. It is expected to enhance police investigative capabilities and strengthen national security efforts.

It was disclosed that the secure and user-friendly digital platform for the application of the permit, www.possap.gov.ng, was approved by the Inspector General of Police (IGP), Mr Kayode Egbetokun.

According to the statement, this new system is for a clear, transparent, and accountable process for regularizing factory-fitted tinted glass on vehicles.

With modern automobiles increasingly manufactured with tinted windows, the police said it has become essential to provide a standardized system that accommodates legitimate use while ensuring public safety.

Tinted vehicles have often been exploited for criminal purposes, including kidnapping, armed robbery, one-chance scams, and other forms of banditry.

Their use hampers police visibility and impedes effective law enforcement, thereby contributing to public insecurity.

To ensure a smooth transition, a 30-day grace period has been approved, effective from May 1, 2025, within which motorists are expected to comply. Enforcement will commence at the end of this period.

Mr Egbetokun warned that officers found engaging in unprofessional conduct such as extortion or harassment in the course of enforcement would be decisively dealt with in accordance with extant disciplinary procedures.

Vehicle owners with tinted glasses have been advised to process their permits online, with identity verification integrated through the National Identification Number (NIN) and Tax Identification Number (TIN), alongside biometric capture and background checks.

The system also features QR-coded digital permits, with a streamlined processing timeline of 72 hours.

The IGP reiterated the agency’s commitment to a technologically driven and citizen-focused policing strategy. He urges the public to embrace the initiative in the interest of safer roads, enhanced public trust, and a more secure Nigeria.

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InfraCredit Backs Craneburg N32.5bn Infrastructure Bond for Ekiti Roads

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Craneburg

By Adedapo Adesanya

Craneburg EKSG Motorway Company Plc, in collaboration with InfraCredit, has officially signed the final documents for its N32.5 billion 20-Year 22 per cent Fixed Rate Senior Guaranteed Infrastructure Bond issuance.

The signing ceremony, which took place in Lagos, had representatives from guarantor, the issuing houses, legal advisers, and capital market operators in attendance.

The proceeds from this successful issuance will be used to finance the Phase 1 construction of a 17.84km dual carriageway toll road in Ekiti State.

This project forms part of a broader 68km road network designed to unlock intra-state mobility, enhance logistics, and attract private capital into sub-national infrastructure delivery.

The purpose of funding and constructing, as well as the operation and maintenance of the 68km ring road in Ado Ekiti, Ekiti State is under a design, build, finance, operate, maintain and transfer (DBFOM) concession 20-year arrangement.

Commenting on the development, the Chairman of Chairman of Craneburg Construction Company, Mr Femi Edun, said: “We are honoured by the trust placed in us by the Ekiti State Government to deliver this transformative project under the innovative Annuity PPP Product.

“The product framework has been instrumental in mobilising long-term domestic capital that enables us to sustainably finance and execute this much-needed infrastructure project.

“As a company recognised for quality and timely delivery, we are committed to ensuring that this project sets a new benchmark for infrastructure development at the sub-national level.”

Also commenting, Managing Director of the lead issuing house, Anchoria Advisory Services Limited, Mr Sam Chidoka, said: “This transaction is a testament to what’s possible when innovation, strong governance, and private sector capital come together in service of national development.

“We are proud to have led the structuring and execution of this landmark bond issuance, the first of its kind in Nigeria’s debt capital market and proud of what it represents, a scalable blueprint for funding an infrastructure project through the capital markets.”

Anchoria Advisory Services Limited served as lead issuing house and bookrunner, supported by Coronation Merchant Bank, Greenwich Merchant Bank, and Iron Global Markets Limited as joint issuing houses.

According to a statement, the firm said the landmark transaction sets a replicable precedent for infrastructure financing across Nigeria, paving the way for future PPP-backed issuances where the private sector leads execution, risk sharing is institutionalized, and development is market-driven.

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Lagos to Clampdown on Rickety Vehicles

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rickety danfos

By Adedapo Adesanya

The Lagos State government has expressed concerns over the growing number of rickety vehicles operating on Lagos roads, saying they pose a risk to commuters and road users in the cosmopolitan city.

The government, through Lagos State Vehicle Inspection Service (VIS), has advised Lagosians to be vigilant and avoid boarding rickety public vehicles known as danfos.

The Director of the agency, Mr Akin-George Fashola, said reassured members of the public that impounded rickety vehicles would not be released for further use.

In a statement via the Lagos Ministry of Transportation on X, formerly Twitter, Mr Fashola said the vehicles, including one he personally apprehended, were in extremely poor condition, describing them as poorly maintained, with outdated parts and lacking essential safety features essentially ticking time bombs on Lagos roads.

He emphasized that rickety vehicles have been linked to numerous accidents in the state, often resulting in loss of lives, injuries, and property damage.

Further highlighting the dangers, Mr  Fashola pointed out several critical issues common among the seized vehicles: unstable tires due to expiration, potential brake failure caused by makeshift repairs, and disjointed body compartments weakened by rust all of which render them unfit for commercial use.

He noted that many of these vehicles operate mostly at night, further increasing the risks to unsuspecting passengers, urging the public to prioritize safety by avoiding any vehicle that appears to be in a deteriorated condition.

He added that the VIS is working closely with relevant stakeholders, including road transport unions, to ensure Lagos roads remain safe for all users, encouraging members of the public to report any sightings or experiences with rickety vehicles via the VIS complaint platforms at info@dvis.lg.gov.ng, or through the Ministry of Transportation hotlines: 09020004000 and 09020009000.

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