The National Bureau of Statistics (NBS) has revealed that the average transport fare paid on Okada transportation was N473.51 in May 2024....READ FULL ARTICLE

The amount is a decline of 0.62% when compared with the value recorded in April 2024 which was N476.49.

While on a year-on-year basis, the fare for May 2024 increased by 2.45% when compared with May 2023 (N462.18).

NBS disclosed the figures in its latest price watch report published on its website.

Breakdown of Okada fares in Nigeria

The bureau also provided a state profile analysis revealing that Lagos State unsurprisingly had the highest motorcycle transport fare in May 2024 with N850.00, followed by Ondo with N700.00.

While Bayelsa recorded the least fare with N285 followed by Anambra and Niger with N300.

For Analysis by zone in May 2024, commuters on a motorcycle (Okada) paid the highest fare in the South-West with N528.33 and North-East with N505.00, while the North-West recorded the least with N424.29.

Here are the 10 states with cheapest Okada ride in Nigeria…READ FULL ARTICLE