By Tony Obiechina, Abuja
Domestic air travellers in Nigeria paid 25 per cent more for flights in July 2024 compared to the same period in the previous year, according to a new report by the Nigerian Bureau of Statistics (NBS),
The NBS Transport Fare Watch Report for July 2024 revealed that the average airfare rose to ₦98,561.74, a significant increase from ₦78,775.74 in July 2023, marking a 25.12 per cent year-on-year (YoY) rise.
The report also highlighted a month-on-month increase, with airfares going up by 9.65 per cent from June 2024 to July
This spike in airfare comes amid ongoing challenges in the aviation sector, including complaints from the Airline Operators of Nigeria regarding multiple taxations, following the federal government’s announcement of additional tax charges.
In contrast to the rising airfare, the report noted a decline in the costs of other modes of transportation.
The average fare for bus journeys within cities decreased by 2.18 per cent, from ₦963.58 in June 2024 to ₦942.61 in July 2024.
Additionally, on a year-on-year basis, the fare for bus journeys dropped by 29.46 per cent, down from ₦1,336.29 in July 2023.
“In another category, the average fare paid by commuters for bus journey intercity per drop was N7,117.17 in July 2024, indicating an increase of 0.35% on a month-on-month basis compared to N7,092.03 in June 2024.
“The average transport fare paid on Okada transportation was N483.33 in July 2024, which shows an increase of 1.22% when compared with the value recorded in June 2024 (N477.49).
“On a year-on-year basis, the fare decreased by 25.20% when compared with July 2023 (N646.12). For water transport (waterway passenger transportation), the average fare paid in July 2024 was N1,403.06, which indicates a decline of 0.44% on a monthly basis.
“On a year-on-year basis, it decreased by 0.26% from N1,406.70 in July 2023.
“On state profile analysis, for intercity bus travel (state route charged per person fare), the highest fare was recorded in Anambra with N9,566.89, followed by Gombe with N8,299.44.
“The lowest fare was recorded in Kwara with N5,518.38, followed by Ebonyi with N5,596.11. Taraba State recorded the highest number of bus journeys within the city (per drop constant route) in July 2024 with N1,457.28, followed by Ondo with N1,200.94.
“On the other hand, Adamawa recorded the least with N500.00, followed by Abia with N505.35,” NBS said.
READ ALSO:
- Benin Republic electoral body visits INEC for knowledge sharing
- Nigerian Group Passes Vote of Confidence on Zacch Adedeji
- EFCC arrests 599 Nigerians, 193 foreigners for cryptocurrency, romance fraud
- Tinubu approves renaming of UniAbuja to Yakubu Gowon University
- AFCON 2025: Super Eagles To Discover Group Opponents January 27
