Cars lead in road traffic crashes, while luxury bus accidents surge by 466.7% over four years

Key Takeaways

  • Cars were involved in the highest number of road accidents, recording 665 cases over the four-year period.
  • Luxury buses and bicycles recorded the highest quarter-on-quarter (QoQ) growth in accident involvement.
  • Tankers, cars, and motorcycles saw the sharpest QoQ declines, with accident rates falling by 47.2%, 30.6%, and 24.7% respectively.

In Nigeria, cars and motorcycles account for the majority of vehicles involved in road accidents. However, both categories have recorded a notable decline over the four-year period under review.

The decline in motorcycle-related accidents may be linked to the ban on commercial motorcycle operations, popularly known as "okada", in several major cities. Still, the numbers remain relatively high, likely due to continued usage in areas where the ban is not enforced and the growing use of motorcycles for logistics and delivery services.

On the other hand, bicycle-related accidents increased by 77.8%, which may reflect their rising popularity among food delivery platforms like Chowdeck and Glovo.

Most strikingly, luxury buses experienced the highest growth in accident involvement, with a sharp 466.7% increase over the period—an unusual trend that warrants closer attention.

Source:

NBS

Period:

Q3 2020-Q3 2024
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Related Insights

Anambra State records the highest average intercity bus fare at ₦9,862, exceeding the lowest (Kwara) by a substantial ₦3,871
  • Anambra has the highest intercity transport fare at ₦9,862, exceeding the national average by ₦1,857.
  • Kwara recorded the lowest fare at ₦5,991, a difference of nearly ₦3,900 from Anambra.
  • The national average fare for intercity bus travel stood at ₦8,005 as of July 2025.
  • Imo (₦9,710) and Oyo (₦9,708) followed closely behind Anambra, rounding out the top three highest-fare states.
  • The South West (₦8,570) and South East (₦8,547) were the most expensive regions for intercity bus travel.

Lagos State has the highest average intra-city bus fare in Nigeria at ₦1,384, exceeding the national average by over ₦355
  • Lagos State tops the list with the highest intra-city bus fare at ₦1,384, exceeding the national average by ₦355.
  • Abia State recorded the lowest average fare at ₦508, showing a stark difference of ₦876 between the highest and lowest states.
  • The national average fare for a bus trip within Nigerian cities stood at ₦1,028.40 as of July 2025.
  • Nasarawa (₦1,306) and Enugu (₦1,280) followed closely behind Lagos State, rounding out the top three highest fares.
  • The South West had the highest regional average fare (₦1,116), while the South South (₦985) and North West (₦995) had the lowest.
  • States like Taraba (₦1,250) and Zamfara (₦1,248) also featured in the top six, showing that high fares are not limited to Southern urban centres.
 

Nigerian's rail cargo volume has increased by 467% since 2020, reflecting growing trust in train transport
  • 2024 was the strongest year on record, with 495.6k tons of cargo transported, more than 60% higher than 2023 and ₦1.95 billion in freight revenue.
  • Cargo volume and revenue both crashed in 2020 due to COVID-19 disruptions, falling to 87.4k tons and ₦281.4 million respectively.
  • Recovery began in 2021–2022, as improved freight operations and industrial demand pushed steady gains in both tonnage and income.
  • Q1 2025 shows 181.5k tons and ₦650m (approx.) in revenue, signaling strong momentum that could surpass 2024 totals if maintained.

Nigeria’s rail revenue from passengers hit ₦6.7b in 2024 as traffic rebounded above 3million
  • 2020 marked the lowest point for both passenger volume (1.02 million) and revenue (₦1.7 billion), reflecting the full impact of COVID-19 lockdowns.
  • Strong recovery followed in 2021, with passenger numbers jumping to 2.71 million and revenue surging by 226% to ₦5.6 billion.
  • 2024 was the best-performing year, recording ₦6.7 billion in revenue and 3.14 million passengers, a clear sign of renewed public confidence in rail transport.
  • Q1 2025 (₦1.9 billion revenue, 929,000 passengers) suggests steady ridership levels but moderate momentum compared to the 2024 surge.

Nigeria’s public debt has soared since 2010, with domestic debt up 2,020% and external debt up 1,000% by mid 2025
  • Nigeria’s domestic debt jumped from ₦3.8 trillion in 2010 to ₦80.55 trillion by mid-2025.
  • Foreign debts increased from $4.27 billion in 2010 to $46.98 billion in 2025, reflecting growing reliance on external financing.
  • Debt accumulation surged notably after 2020, coinciding with pandemic spending, naira depreciation, and higher fiscal deficits.
  • The widening gap between revenue and debt service raises questions about Nigeria’s long-term debt sustainability.

Borno records lowest domestic debt in North-East Nigeria at ₦22.3 billion in Q2 2025
  • The six North-Eastern states collectively owe around ₦450 billion in domestic debt as of Q2 2025.
  • Borno State maintains the lowest debt in the region at ₦22.3 billion, showing signs of controlled borrowing amid post-conflict rebuilding.
  • Bauchi State has the highest domestic debt burden of ₦143.6 billion, accounting for about 31% of the region’s total.
  • The top three states, Bauchi, Taraba and Gombe, collectively account for more than two-thirds of the zone’s total subnational debt stock.

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