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Water Transport Fare Hikes By 14% In A Year – NBS

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According to the National Bureau of Statistics (NBS), water transport fares rose by 14.84 per cent from N848.36 in August 2021 to August 2022, on a year-on-year basis.

Water Transport Fare Hikes By 14% In A Year - NBS

Water Transport Fare Hikes By 14% In A Year – NBS

The reports noted that Delta State recorded the highest in water transport fare with N3,275.00, Rivers N2,900.00, while Borno had the least with N348.02.

The average fare that air travelers paid for a single trip on the routes covered in the research increased by 6.96% month over month, from N60,811.76 in July 2022 to N65,041.89 in August 2022, according to data from the report.

It further revealed  the average fare paid for water transport in August 2022 rose to N974.26, showing a 0.87 per cent increase on a month-on-month basis from N965.82 in July 2022.

“On a year-on-year basis, the fare rose by 76.72% from 36,805.41 in August 2021,” NBS said.

The NBS stated that the average fare paid by commuters for bus journeys within the city per drop decreased by 0.05 per cent on a month-on-month basis, from N602.77 in July 2022 to N602.48 in August 2022.

“On a year-on-year basis, however, the average fare paid rose by 39.92% from N430.58 in August 2021,” NBS stated

On a state profile analysis, according to the NBS report, Taraba recorded the highest fare for bus journey within the city (per drop constant route) at N820.18, preceded by Bauchi with N780.52, while Borno, which recorded the least with N456.17.

Further analysis showed that intercity bus travel (state route charged per person fare) in August 2022 was N5900.50 in Abuja, N5,200.72 in Adamawa and 1,690.37 in Kwara.

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