Domestic airfares hit N70k in November — up by 98% in one year

By Abubakar Yunus,Abuja

The National Bureau of Statistics (NBS) says the average cost of domestic flight tickets in Nigeria increased to N73,267 in one year.

The NBS disclosed this in its recent Transport Fare Watch report for November 2022, released recently.

The latest figure shows that airfares increased by N36,245 which also represents a growth of 97.90 percent year-on-year.

According to the report, the average price of a single flight ticket increased by 0.09 percent from N73,198 in October to N73,267 in November 2022.

“In air travels fare, the average fare paid by air passengers for specified routes single journey, increased by 0.09 percent on a month-on-month [basis] from N73,198.65 in October 2022 to N73,267.57 in November 2022,” the report reads.

“On a year-on-year, the fare rose by 97.90 percent from N37,022.97 in November 2021.”

The report further showed that the states with the highest average prices of airplane tickets on a single journey include Taraba (N77,100), Delta (N76,500), Bayelsa and Oyo with N76,100, each.

States like Niger (N67,100), Gombe (N70,000), and Nasarawa (N70,100), recorded the lowest prices rate.

The NBS report also disclosed that the average fare paid by commuters for bus journeys within the city per drop, increased by 0.12 percent in November 2022 on a month-on-month basis from N636.30 in October 2022 to N637.10.

On a year-on-year basis, however, the average fare paid by commuters for bus journeys within the city per drop, rose by 42.69 percent from N446.50 recorded in November 2021.

“The average fare paid by commuters for bus journeys within the city per drop increased by 0.12 percent in November 2022 on a month-on-month from N636.30 in October 2022 to N637.10,” NBS said.

“While on a year-on-year, however, the average fare paid by commuters for bus journeys within the city per drop, rose by 42.69 percent from N446.50 in November 2021.”