The lowest fare was recorded in Anambra at N230, while Bayelsa followed with N250.
Similarly, water transport fare was highest in Bayelsa at N4,700 for a trip, followed by Delta at N4,200, while the lowest fare was recorded in Borno at N450, followed by Gombe with N550.
NBS in its Transport Fare Watch for January 2024 released yesterday, stated that the average fare paid by commuters for bus trips within the city per drop increased by 6.72 per cent from N902.7 in December 2023 to N963.38 in January 2024.
On a year-on-year basis, it rose by 48.03 per cent from N650.8 in January 2023. In another category, the average fare paid by commuters for the intercity drop was N7,577.03 in January 2024, indicating an increase of 2.36 per cent on a month-on-month basis compared to N7,402.16 in December 2023.
On a year-on-year basis, fares rose by 89.5 per cent from N3,998.42 in January 2023.
In air travel, the report stated that the average fare paid by air passengers for specified routes single journey was N89,975.68 in January 2024, showing an increase of five per cent compared to the previous month (December 2023).
On a year-on-year basis, the fare rose by 20.53 per cent from N74,648.65 in January 2023.
The average transport fare paid on Okada transportation was N456.22 in January 2024 which increased by 8.69 per cent when compared with the value recorded in December 2023 (N419.73).
On a year-on-year basis, the fare declined by 2.15 per cent when compared with 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 per cent monthly.
On a year-on-year basis, it increased by 35.82 per cent 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 at N10,500, followed by Akwa-Ibom at N10,000 The lowest fare was recorded in Kwara at N5,900, followed by Taraba with N6,200.
Taraba state recorded the highest bus journey within the city (per drop constant route) in January 2024 with N1,400 followed by Jigawa at N1,250.
