#DailyDataCard: The Most Used Mode of Transportation for Nigeria's Foreign Trade in Q4 2022
#DailyDataCard: The Most Used Mode of Transportation for Nigeria's Foreign Trade in Q4 2022
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Nigeria Records a 45.32% increase in Air Transportation in 2021
At the end of 2021, 15.23 million passengers travelled through Nigeria’s domestic and international airports. This is according to the latest Air Transportation Data released by the National Bureau of Statistics (NBS).
Fuel Scarcity is Causing Increase in Transportation, Food Costs
Fuel scarcity took a much worse turn at the beginning of February and one month in, the fuel queues have remained long.
Despite gruelling toil, poor roads and high transportation cost rob Benue farmers of profits
Yar Terhemba, 38, has lived in Mbalom, an agrarian community in Gwer-East Local Government Area of Benue state, all his life. For most of his youth, he cultivated five hectares of land annually, producing soya beans and rice. Depending on the coincidence of market days with his harvest, Terhemba either sells his produce at Igbor market, which is 19 kilometre from his farm, or Ikpayongo market, a 33 kilometre stretch away.
Transport fare increase amidst economic decline
Everything increased in price, salary reduced”, Joy Agnes, a low-income earner in Abuja told us. Following the structured resumption of work after the COVID-19 lockdown, Agnes’ employers had renegotiated her contract. The new arrangement meant that instead of working five days a week, she would only work on three alternate weekdays. And while this new arrangement implied lesser pay, she was excited to still have a job; some of her laid off colleagues did not share the same “luck”. Yet, increased responsibility with less pay amid increasing market prices is not the “Nigerian dream”. Not to mention, the increased cost of transportation; a tall order!