3rd May 2024
Business & Economy News

Passengers Airfare Rises by 17.97 per cent in February – NBS

Passengers Airfare Rises by 17.97 per cent in February – NBS

The National Bureau of Statistics (NBS) on Wednesday said the average air fare paid by passengers rose by 17.97 per cent in February 2021.

According to NBS in a report posted on its website, the average airfare soared from N36, 458.11 in January 2021 to N36, 463.65 in February 2021.

It said: “Average fare paid by air passengers for specified routes single journey decreased by -0.02 per cent month-on-month and increased by 17.97 per cent year-on-year to N36, 458.11 in February 2021 from N36, 463.65 in January 2021.”

n the period under review, NBS noted that states with the highest air fare were Delta/Lagos (N38, 600.00), Anambra/Bayelsa (N38,500.00), Bauchi (N38,400.00) while States with the lowest airfare were Akwa-Ibom (N32,500.00), Sokoto (N33,600.00), and Gombe (N35,000.00).

It added that average fare paid by commuters for journey by motorcycle per drop increased by 2.86 per cent month-on-month and by 97.68 per cent year-on-year to N266.74 in February 2021 from N259.33 in January 2021.

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