The National Bureau of Statistics (NBS), has said domestic airfares in Nigeria increased by 25.51% month-on-month to N123,700 in August 2024, from N98,561 in July.
The data showed that on a year-on-year basis, airfares climbed by 56.56% to N123,700 in August 2024 from N79,011.38 in the corresponding month last year.
NBS also noted that Niger state has the highest air transport charges (for specified routes and single journeys) with N129,575.21, followed by the Federal Capital Territory, Abuja, with N129,442.67.
Zamfara recorded the lowest fare with N102,665.89, followed by Cross River with N120,088.93 as of August 2024.
The National Bureau of Statistics(NBS) has disclosed that the average Nigeria’s domestic airfare for a single journey rose by 25.51 percent on a month-on-month basis to N123,700 in August 2024 compared to N98,561 in July.
The Bureau disclosed this in its Transport Fare Watch released on Tuesday, 24 September, 2024.
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