Domestic Airfares Hit 40% High In 12 Months – NBS

Nigeria’s domestic air travel expenses have skyrocketed by 40 per cent from June 2022 to June 2023.

The National Bureau of Statistics (NBS) data disclosed this in its recent Transport Fare Watch report for June 2023.

The report delves deeper, revealing a month-on-month surge of 4.93 per cent in the average fare paid by air passengers for specific routes.

On a year-on-year basis, fares surged by 40.22 per cent compared to June 2022, when the average was N56,082.64.

Airfares to Delta State are the most expensive, which stood at N87,000, compared to Abia State, which recorded the lowest cost with N70,000.

On a regional basis, the North-Eastern region experienced the highest airfare in June 2023, with an average of N80,650.00, closely followed by the South-South at N80,000.00.