Airfares up by 97% in one year

Data from the National Bureau of Statistics (NBS) has shown that in the last year (2021 to 2022), the cost of air tickets rose by 97 percent.

According to NBS, the average cost of airfares in Nigeria increased from N37,022.97 in November 2021 to N73,267.57 in November 2022, showing an increase of 97 percent.

This was gleaned from NBS’ Transport Fare Watch report for November 2022 obtained from its website.