The recently released the National Bureau of Statistics (NBS) Transport Fare Watch report for July 2024, The South South zone recorded was said to record the highest average waterway transportation fare of, N3,572.94 for the period, significantly surpassing the national average of N1,403.06.
According to the NBS data, the average waterway transportation fare in the South South zone experienced a slight 0.26% decline compared to June 2024 and a 2.34% decrease compared to July 2023.
In the report, the South West zone, recorded an average fare of N1,361.34 in July 2024, the second-highest waterway transportation fare among the six geopolitical zones.
This represented a slight 0.33% decline compared to June 2024, but a 4.72% increase compared to July 2023.
The North Central zone recorded an average of N1,003, reflecting a 1.38% decline from June 2024 but a 2.49% increase compared to July 2023’s figure of N978.65 for the same period.
The South East zone ranked fourth, with an average fare of N931.04 in July 2024, showing a 0.65% decline from the previous month’s N937.11 and a 0.32% decrease from the N934.04 recorded in July 2023.
