October 10, 2024
Domestic airfares increased to N123k in August, says NBS
Business News

Domestic airfares increased to N123k in August, says NBS

Domestic airfares increased to N123k in August, says NBS
Domestic airfares increased to N123k in August, says NBS

The National Bureau of Statistics (NBS) has said the average price of domestic flight tickets in Nigeria rose to N123,700.14 in August.

This was revealed in its ‘Transport Fare Watch’ report for August 2024, where the statistics bureau said this indicates an increase of 25.51 percent compared to July.

On a year-on-year basis, the fare rose by 56.56% from N79,011.38 in August 2023.

According to the report, Niger recorded the highest average prices of airplane tickets on a single journey with N129,575.21, followed by Abuja with N129,442.67.

Conversely, Zamfara recorded the least fare with N102,665.89, followed by Cross River with N120,088.93.

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The bureau added that the south-east recorded the highest fare with N125,640.19, followed by the north-central with N125,420.29 while the north-west had the least with N121,957.18.

 

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