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Home Airfares Rise 21% to N79k in One Yr – Report
The Nationwide Bureau of Statistics (NBS) says the common worth of home flight tickets in Nigeria rose to N79,011 in a yr.
The NBS disclosed this in its current ‘Transport Fare Watch’ report for August 2023, launched on Monday.
In line with the report, the determine exhibits that airfares elevated by 21.48 % (year-on-year ) from N65,041 in August 2022.
The NBS stated the common fare paid by air passengers for a single flight ticket elevated by 0.30 % from N78,775 in July 2023, to N79,011.38 in August.
“In air journey, the common fare paid by air passengers for specified routes single journey elevated by 0.30% from N78,775.74 in July 2023 to N79,011.38 in August 2023,” the report reads.
“On a year-on-year foundation, the fare rose by 21.48% from N65,041.89 in August 2022.”
The report additional confirmed that the states with the best common costs of airplane tickets on a single journey are Delta (N87,000) and Enugu (N85,000).
“Conversely, Abia recorded the least fare with N70,000.03, adopted by Niger with N73,000.00,” NBS stated.
The NBS additionally stated the common fare paid by commuters for bus journeys inside the metropolis per drop elevated by 0.01 % from N1,336.29 in July to N1,336.38 in August 2023.
However on a year-on-year foundation, the report stated, fares rose by 121.81 % from N602.48 in August 2022.
“In one other class, the common fare paid by commuters for bus journey intercity per drop declined to N5,918.18 in August 2023, indicating a lower of 0.02% on a month-on-month foundation in comparison with N5,919.49 in July 2023. On a year-on-year foundation, the fare rose by 56.57% from N3,779.96 in August 2022,” the NBS stated.
“The typical transport fare paid on Okada transportation was N646.12 in August 2023 which was the identical price recorded in July 2023 (N646.12).
“On a year-on-year foundation, the fare rose by 46.91% when put next with August 2022 (N439.80).
“For water transport (waterway passenger transportation), the common fare paid in August 2023 elevated to N1,406.74 from N1,406.70 which point out non-significant improve of 0.00% on month-to-month foundation from July 2023.”
On a year-on-year foundation, NBS stated the fare elevated by 44.39 % from N974.26 in August 2022.
