Economy

Air Travel Fees Increases By 8.70% In One Year: NBS

The National Bureau of Statistics (NBS) has said in one year, air transport fare rose by 8.70% from N72,690.54 in September 2022 to N79,013.48 in September 2023.

This was contained in its document titled: “Transport Fare Watch for September 2023.”
According to the data: “In air travel, the average fare paid by air passengers for specified routes single journey was N79,013.48 in September 2023, showing no significant differences in the fare paid in the previous month. On a year-on -year basis, the fare rose by 8.70% from N72,690.54 in September 2022.”
The document explained that Transport Fare Watch for September 2023 covers the following categories: bus journey within the city per drop constant route; bus journey intercity (state route) charge per person; air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water way passenger transport.

NBS said the average fare paid by commuters for bus journeys within the city per drop increased by 0.11% from N1,336.38 in August to N1,337.80 in September 2023.

Sponsored

On a year-on-year basis, said the bureau, it rose by 117.29% from N615.69 in September 2022.

NBS added that in another category, the average fare paid by commuters for bus journey intercity per drop decline to N5,917.16 in September 2023, indicating a decrease of 0.02% on a month-on-month basis compared to N5,918.18 in August 2023. On a year-on-year basis, the fare rose by 56.12% from N3,790.06 in September 2022.

 

SPONSORED
Victor Alade

Recent Posts

NECO: Abia ranks first, Katsina last in 2024 SSCE

NECO has announced the 2024 SSCE internal exam results, showing that 60.55% of the 828,284…

14 mins ago

NECO Releases 2024 Internal Examination Results

The National Examinations Council (NECO) has released the results of the June/July 2024 Senior School…

1 hour ago

Tinubu Skips 2024 UN General Assembly, VP Shettima To Represent President

President Bola Tinubu will not attend the 79th United Nations General Assembly, UNGA, session in…

2 hours ago

Rivers CP Deployed To FCT As Delta Police Boss Resumes In Port Harcourt

The Inspector-General of Police (IGP), Kayode Egbetokun, has redeployed Police Commissioner Tunji Disu from the…

3 hours ago

FG Improves Power Supply With New Initiative

The Federal Government launched $56 million worth of SCADA equipment in Abuja yesterday,to expressing concern…

6 hours ago

Niger Sets 50% Of 2025 Budget On Education, Health

The Niger State Government has revealed its intention to allocate more than half of its…

7 hours ago