News
Cost Of Water Transport Dropped To N890.03 In March— NBS report
According to the National Bureau of Statistics, the average fare paid for water transportation in March 2022 was N890.03, down 2.53 percent from N 913.13 in February 2022.
Water transport fares increased by 10.10 percent year on year, from N808.38 in March 2021 to N890.03 in March 2022, according to the NBS.
In a report titled ‘Transport Fare Watch March 2022,’ it revealed this.
“The average fare paid for water transport (waterway passenger transit) in March 2022 declined to N890.03, down 2.53 percent from N913.13 in February 2022,” the report added.
“On year-on-year, the fare rose by 10.10 per cent from N808.38 in March 2021 to N890.03 in March 2022.”
The national statistics body added that the average fare paid by commuters for bus journey intercity per drop rose to N3,270.94 in March 2022. This figure represented an increase of 5.29 per cent from N3,106.72 in February 2022.
It said, “The average fare paid by air passengers for specified routes single journey, increased by 4.43 per cent on a month-on-month from N44,825.04 in February 2022 to N 46,810.62 in March 2022.”
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