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Domestic Air Fare soars by 25%

Domestic travellers paid 25 per cent more for air flights in July 2024.

This is according to a new report by the Nigerian Bureau of Statistics (NBS).

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).

“On a YoY basis, the fare rose by 25.12 per cent from N78,775.74 in July 2023.”

The recent data from the National Bureau of Statistics (NBS) reveals a decline in transportation costs despite the federal government’s move to raise tax charges, which had sparked concerns from the Airline Operators of Nigeria over multiple taxation.

While airfare surged in July 2024, commuters enjoyed reduced costs for bus, motorcycle, and waterway journeys.

According to the NBS:

State-level data showed significant variation in transport costs:

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