Despite the drop in petrol price, transport fare for bus, motorcycle, air, and waterways journeys have increased in December 2020.

According to the National Bureau of Statistics (NBS), the average price paid by consumers for premium motor spirit (petrol) decreased month-on-month (MoM) by 0.94 percent to N165.70 in December 2020 from N167.27 in November 2020.

It stated: ‘‘Transport Fare Watch Report’’ for December, fare paid by commuters for bus journeys within the city increased by 6.0 percent MoM to N354.49 in December 2020 from N333.86 in November 2020.”

The report obtained by The Daily, http://www.thedaily-ng.com, also stated that the fare paid by commuters for bus journey intercity increased by five percent MoM to N2, 532 in December 2020 from N2,240 in November 2020.

It further noted that the fare paid by air passengers for specified routes single journey increased by 0.42 percent MoM to N36, 454 in December 2020 from N36, 301 in November 2020, while the fare paid by commuters for journeys by motorcycle per drop increased by 6.0 percent MoM to N293 in December 2020 from N276 in November 2020.

It also added that the average fare paid by passengers for waterway passenger transport also increased by 0.19 percent MoM to N758 in December 2020 from N756 in November 2020.