The National Bureau of Statistics has said the average fare paid for water transport in March 2022 was N890.03, a 2.53 per cent decrease, month-on-month, from N 913.13 in February 2022.
According to the NBB, water transport fares rose by 10.10 per cent from N808.38 in March 2021 to N890.03 in March 2022 year-on-year.
It disclosed this in a report titled, ‘Transport Fare Watch March 2022.’
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.”
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.”
Source Punch
