Airfare rises by 18.96% in 12 months, says NBS

Airfare rises by 18.96% in 12 months, says NBS

The National Bureau of Statistics (NBS) said the average airfare passengers paid in 12 months rose by 18.96%. According to the Bureau in its document titled: “Transport Fare Watch for March 2024,” the fare increased from N74,782.43 in March 2023 to N88,964.86 in March 2024. The data also noted that the fare soared by 1.10% every month. “In air travel, the average fare paid by air passengers for specified routes single journey was N88,964.86 in…

Read More