Domestic Air Fare Jumps by 25%

Domestic travellers paid 25 per cent more for air flights in July 2024, a new report by the Nigerian Bureau of Statistics (NBS) has said, the bureau in its Transport Fare Watch Report for July said domestic air fare rose by 25 per cent year-on-year (YoY) to ₦98,561.74 in July 2024 from ₦78.775.74 in July 2023.
NBS said: “In air travel, the average fare paid by air passengers for specified routes single journey was N98,561.74 in July 2024, showing an increase of 9.65 per cent compared to the previous month (June 2024).
The development comes after the federal government last month, said it would further raise its tax charges amid complaints by the Airline Operators of Nigeria over multiple taxation but despite the increase in airfare in July, the prices paid for bus, motorcycle and waterway journeys declined in July 2024.