The average fare paid by Nigerians for journey made by motorcycle increased by 97.68% year-on-year.
As reported by the National Bureau of Statistics, NBS in a title, ‘The Transport fare Watch report for February 2021, the average fare paid by commuters for journey by motorcycle per drop increased by 2.86% month-on-month and by 97.68% year-on-year to N266.74 in February 2021 from N259.33 in January 2021.
“States with highest journey fare by motorcycle per drop were Taraba (N436.20), Yobe (N425.02) and Kogi (N400.12) while states with lowest journey fare by motorcycle per drop were Adamawa (N86.47), Katsina (N140.12) and Kebbi (N155.90).
Similarly, the general prices of bus, air and water way fares further saw an upward trend, as Nigerians were made to pay more in February 2021.
The factors responsible with this increase may be associated with inflation, increase in food price, increase in fuel price in some states, effect of covid-19 pandemic, etc, as these brought hardship on the economy of the country.
According to the report, “the average fare paid by commuters for bus journey within the city increased by 2.60% month-on-month and by 78.08% year-on-year to N361.31 in February 2021 from N352.15 in January 2021.
“States with highest bus journey fare within city were Zamfara (N620.15), Bauchi (N530.10) and Ekiti (N475.25) while States with lowest bus journey fare within city were Oyo (N190.45), Abia (N208.55) and Borno (N250.72).
“Average fare paid by commuters for bus journey intercity increased by 1.13% month-on-month and by 39.85% year-on-year to N2,372.87 in February 2021 from N2,346.41 in January 2021.
“States with highest bus journey fare intercity were Abuja FCT (N4,500.88), Sokoto (N3,350.60) and Lagos (N3,340.60) while States with lowest bus journey fare within city were Bayelsa (N1,650.32), Bauchi (N1,690.80) and Enugu (N1,700.00).
“Average fare paid by air passengers for specified routes single journey decreased by -0.02% month-on-month and increased by 17.97% year-on-year to N36,458.11 in February 2021 from N36,463.65 in January 2021.
“States with highest air fare were Delta/Lagos (N38,600.00), Anambra/Bayelsa (N38,500.00), Bauchi (N38,400.00) while States with lowest air fare were Akwa-Ibom (N32,500.00), Sokoto (N33,600.00), and Gombe (N35,000.00).
“Average fare paid by passengers for water way passenger transport increased by 1.00% month-on-month and by 39.63% year-on-year to N794.02 in February 2021 from N786.19 in January 2021.
“States with highest fare by water way passenger transport were Rivers (N2,299.35), Delta (N2,280.33) and Bayelsa (N2,258.49) while states with lowest fare by water way passenger transport were Borno (N240.55), Gombe (N297.23) and Abuja FCT (N340.22).” It stated.