Connect with us

News

Motorcycle “Okada” Fare In Nigeria Rises By 102.5%

Published

on

The cost of commuting in Nigeria by motorcycle popularly known as “okada” surged by 102.46% year-on-year in March 2021 to stand at N271.44.

This is according to the National Bureau of Statistics (NBS) report on transport fare watch.

According to the report the average fare paid by commuters for journey by motorcycle, increased by 1.76% month-on-month and 102.46% year-on-year. Specifically, it increased from N134.07 recorded in March 2020 to N271.44 in March 2021.

The increase could be partly attributed to the increase in the price of fuel across the country, the ban on okada in some areas, and the effect of the covid-19 pandemic, which affected most aspects of the country’s economy.

Read Also: Osun Monarch, Olufon Of Ifon, Oba Almorouf Joins His Ancestors

States with the highest journey fare by motorcycle per drop were Rivers (N420.35), Taraba (N420.15), and Yobe (N420.1).


States with the lowest journey fare by motorcycle per drop were Adamawa (N90.43), Katsina (N147.64), and Niger State (N159.2).

BlazeNewz Disclaimer

The information contained in this post is for general information purposes only. Opinion articles, comments are solely the responsibility of the author and does not necessarily reflect the views of BlazeNewz while we endeavour to keep the information accurate with objectivity as we adhere to global practice of journalism. Read our full Disclaimer.

Hammed Tajudeen is the editor in-chief of Blaze News, holds Higher National Diploma(HND) in Mass Communication, graduated from Osun State Polytechnic, Iree.

Olaiya Flyover Inauguration

Advertisement
Advertisement
Advertisement
Advertisement

Trending

0
Would love your thoughts, please comment.x
()
x