Current data from the National Bureau of Statistics has shown that the average price of a plane ticket in Nigeria increased from N37,022.97 in November 2021 to N73,267.57 in November 2022./lime6
This implies an increase of 97.09 percent,’ according to the Transport Fare Watch report for November 2022 from the NBS.
The survey also revealed that from N73,198.65 in October to N73,267.57 in November 2022, the average cost of a single airplane ticket grew by 0.09 percent.
In part, the NBS study stated: “In air travels fare, the average fare paid by air passengers for specified routes single journey, increased by 0.09 per cent on a month-on-month from N73,198.65 in October 2022 to N73,267.57 in November 2022.
“On a year-on-year, the fare rose by 97.90 per cent from N37,022.97 in November 2021.”
The research further stated that in November 2022, commuters spent an average fee of N3,848.48 for intercity bus travel each drop.
In comparison to the value of N3,845.81 in October 2022, this represented a gain of 0.07 percent month over month.
According to NBS, the fares increased by 45.53 percent from N2,644.50 in November 2021 on an annual basis.