NEWS
Lagos State Records highest motorcycle transport fare in January 2024 – NBS

Lagos State had the highest motorcycle transport fare in January 2024 with N840.00, followed by Ondo with N750.00.
This was contained in the National Bureau Of Statistics, NBS Transport fare watch released recently.
“Lagos State had the highest motorcycle transport fare in January 2024 with N840.00, followed by Ondo with N750.00. The least fare was recorded in Anambra with N230.00, while Bayelsa followed with N250.00. Similarly, water transport fare was highest in Bayelsa with N4,700.00, followed by Delta with N4,200.00, while the least fare was recorded in Borno with N450.00, followed by Gombe with N550.00”.
The report added that “The average transport fare paid on Okada transportation was N456.22 in January 2024 which increased by 8.69% when compared with the value recorded in December 2023 (N419.73)”.
On a year-on-year basis, “ the fare declined by 2.15% compared to January 2023 (N466.25).
For water transport (waterway passenger transportation), the average fare paid in January 2024 increased to N1,402.84 from N1, 386.76 which indicates an increase of 1.16% on monthly basis. On a year-on-year basis, it increased by 35.82% from N1,032.84 in January 2023”.
On state profile analysis, for intercity bus travel (state route charged per person fare), the highest fare was recorded in Anambra with N10,500.00, followed by Akwa-Ibom with N10,000.00.
It added that the lowest fare was recorded in Kwara with N5,900.00, followed by Taraba with N6,200.00.
“Taraba state recorded the highest bus journey within the city (per drop constant route) in January 2024 with N1,400.00 followed by Jigawa with N1,250.00”.
“On the other hand, Abia recorded the least with N550.00, followed by Adamawa with N570.00. Similarly, Rivers recorded the highest air transport charges (for specified routes single journeys) with N100,500.00, followed by Lagos with N100,000.00. Conversely, Abia recorded the least fare with N73,000.00, followed by Plataeu with N80,000.00”.
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