This article by Nairametrics highlights the top 10 states with the highest water transport fares in April 2024 according to the National Bureau of Statistics (NBS) Transport Fare Watch for April 2024.
The cost of waterway passenger transportation in Nigeria saw a significant rise, with the average fare increasing by 34.45% year-on-year, reaching N1,385.95 per trip in April 2024, up from N1,030.83 in April 2023.
Nigeria's Gross Domestic Product (GDP) recorded a growth of 2.74% for the full year 2023, according to the latest report by the National Bureau of Statistics.
Lagosians spend an average of 4 hours commuting a distance of 61 km by road, while the same distance can be covered in under 30 minutes using the sea option, indicating a significant time difference.
