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 NBB.
In a report titled ‘Transport Fare Watch March 2022,’ it revealed this.
It said, “The average fare paid for water transport (waterway passenger transportation) in March 2022 dropped to N890.03 showing a decrease of 2.53 per cent on month-on-month from N913.13 in February 2022.
“On year-on-year, the fare rose by 10.10 per cent from N808.38 in March 2021 to N890.03 in March 2022.”
In March 2022, the average fare paid by commuters for intercity bus trips grew to N3,270.94, according to the national statistics body. This was a 5.29 percent increase over February 2022’s value of N3,106.72.
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.”
