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Air Ticket Prices Rise By 34.06% – NBS - Travel - Nairaland

Nairaland ForumNairaland GeneralTravelAir Ticket Prices Rise By 34.06% – NBS (22378 Views)

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Air Ticket Prices Rise By 34.06% – NBS by astana1(op): 1:22pm On Jul 05, 2023
The cost of air travel for Nigerians continues to surge, with average ticket prices witnessing a significant 34.06% increase over the past year.

According to the latest report from the National Bureau of Statistics, airfare rose from N55,906.86 in May 2022 to N74,948.78 in May 2023.

Meanwhile, commuter bus fares also experienced an 11.66% uptick during the same period. These escalating transportation expenses pose challenges for Nigerian travellers and commuters.
Transport fare
NBS stated that it transports data covers 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, they added:

“The average fare paid by commuters for bus journeys within the city per drop increased by 0.23% in May 2023 when N649.59 was recorded relative to N648.12 in April 2023. On a year-on-year basis, the average fare paid rose by 11.66% from N581.79 in May 2022.
“In another category, the average fare paid by commuters for bus journey intercity per drop in May 2023 was N4,002.16, indicating an increase of 0.19% on a month-on-month basis compared to the N3,994.51 recorded in April 2023. On a year-on-year basis, this rose by 9.09% from N3,668.64 in May 2022. “
Air Travel
For airfares, NBS noted that the average fare paid by air passengers for specified routes and single journeys increased by 0.002% on a month-on-month basis from N74,947.30 in April 2023 to N74,948.78 in May 2023.

“On a year-on-year basis, the fare rose by 34.06% from N55,906.86 in May 2022. The average fare paid on Okada transportation in May 2023 was N464.55, a 0.49% increase from the rate recorded in April 2023 (N462.29).”
They added that okada fares rose by 11.30% when compared with the value in May 2022 which was N417.39.
Source:https://nairametrics.com/2023/07/05/air-ticket-prices-rise-by-34-06-in-one-year-for-nigerians-nbs/

Re: Air Ticket Prices Rise By 34.06% – NBS by rano1: 1:24pm On Jul 05, 2023
Let the poor breathe!
Re: Air Ticket Prices Rise By 34.06% – NBS by lordimmaogidi(m): 1:26pm On Jul 05, 2023
What is happening in this country. Is Nigeria curse? Or we are the cause?.
Re: Air Ticket Prices Rise By 34.06% – NBS by fx45(m): 1:38pm On Jul 05, 2023
This increase in the price of air tickets must surely favour me and my family...
Re: Air Ticket Prices Rise By 34.06% – NBS by Parachoco: 1:40pm On Jul 05, 2023
The FG under Asiwaju should make sure Lagos is link with Sokoto by Rail while Rivers is link with Borno by Rail

Rail transportation will become and alternative to traveling by air or by road and it will also be cheaper
Re: Air Ticket Prices Rise By 34.06% – NBS by fx45(m): 1:46pm On Jul 05, 2023
Parachoco:
The FG under Asiwaju should make sure Lagos is link with Sokoto by Rail while Rivers is link with Borno by Rail

Rail transportation will become and alternative to traveling by air or by road and it will also be cheaper
Alika, are you the Spokesperson for the illegitimate government? Even Festus and Foolish Kolanut have all gone mute. You're still here pouring spittle all over the place
Re: Air Ticket Prices Rise By 34.06% – NBS by Ebubu6: 1:49pm On Jul 05, 2023
Parachoco:
The FG under Asiwaju should make sure Lagos is link with Sokoto by Rail while Rivers is link with Borno by Rail

Rail transportation will become and alternative to traveling by air or by road and it will also be cheaper
true
Re: Air Ticket Prices Rise By 34.06% – NBS by Parachoco: 1:49pm On Jul 05, 2023
fx45:
Alika, are you the Spokesperson for the illegitimate government? Even Festus and Foolish Kolanut have all gone mute. You're still here pouring spittle all over the place
I highly doubt you're okay
Re: Air Ticket Prices Rise By 34.06% – NBS by ratiani6:
Thanks for letting us know

Re: Air Ticket Prices Rise By 34.06% – NBS by fx45(m): 1:52pm On Jul 05, 2023
Parachoco:
I highly doubt you're okay
Every increase and inflation will favour you and your family in Jesus name!
Re: Air Ticket Prices Rise By 34.06% – NBS by basilo102: 1:54pm On Jul 05, 2023
Igbos are strengthening their dominance of the middle-class. I'm loving the unfolding events
Re: Air Ticket Prices Rise By 34.06% – NBS by Adurax:
Let the poor breet

Re: Air Ticket Prices Rise By 34.06% – NBS by slawomir: 2:02pm On Jul 05, 2023
Damnnn niggar


Hahah It will favour me and my family

Una go hear word

Bunch of primitive, tribalistic and archaic people
Re: Air Ticket Prices Rise By 34.06% – NBS by sukkot: 2:04pm On Jul 05, 2023
undecided
Re: Air Ticket Prices Rise By 34.06% – NBS by bigdammyj: 2:04pm On Jul 05, 2023
Noted.
Re: Air Ticket Prices Rise By 34.06% – NBS by FOOTSOLDIER2(f): 2:05pm On Jul 05, 2023
This government will favour me and my family. I have a Batist membership card that enables me to purchase anything at 80% discount 🦇
Re: Air Ticket Prices Rise By 34.06% – NBS by HateBigots: 2:05pm On Jul 05, 2023
grin... One by one, e go reach everybody; Whether you're Rich, Middle-class, or poor no one is safe from Buhari 2.0
Re: Air Ticket Prices Rise By 34.06% – NBS by tesppidd:
Renewed shege.. grin

I keep saying it, after day 100 of this administration we shall see how many are still standing on the manhood.
Re: Air Ticket Prices Rise By 34.06% – NBS by Akwamkpuruamu: 2:06pm On Jul 05, 2023
Shegenomics.

May this ticket rise favour me and my family

Re: Air Ticket Prices Rise By 34.06% – NBS by Homiesjinxbank: 2:06pm On Jul 05, 2023
Good for us.. na wetin we want we get.
Re: Air Ticket Prices Rise By 34.06% – NBS by gentlesmithugo(m): 2:06pm On Jul 05, 2023
This country self.everything na increase increase.wen we go begin hear decrease
Re: Air Ticket Prices Rise By 34.06% – NBS by dyera(m): 2:06pm On Jul 05, 2023
How the increase in the price of petrol take affect airlines, na petrol aeroplane dey use?
Re: Air Ticket Prices Rise By 34.06% – NBS by specialmati(m): 2:06pm On Jul 05, 2023
grin grin grin grin grin grin grin APC really choose the right man for this finish level, since they survived next level. embraces yourself guys more hikes incoming
Re: Air Ticket Prices Rise By 34.06% – NBS by Compliant(m): 2:06pm On Jul 05, 2023
Airpeace returned ticket Abuja -lagos now 150,000 ( 1 month book ahead ), just last week it was 100,500 for same

it is well
Re: Air Ticket Prices Rise By 34.06% – NBS by RapistOnBail: 2:07pm On Jul 05, 2023
Flight from Lagos to abuja almost 100k
Re: Air Ticket Prices Rise By 34.06% – NBS by StoneLucifer: 2:08pm On Jul 05, 2023
Wowww...this is great, so so wonderful. Am really enjoying Tinubu's government. Before September 2023, air fare will hit 100k.. What a great man Tinubu is..Yes, let d rich enjoy..The poor masses who are hailing Tinubu can go to hell while they keep languishing in abject poverty..
Re: Air Ticket Prices Rise By 34.06% – NBS by livenija: 2:08pm On Jul 05, 2023
fx45:
This increase in the price of air tickets must surely favour me and my family...
this is getting old n boring
Re: Air Ticket Prices Rise By 34.06% – NBS by ecolime(m): 2:09pm On Jul 05, 2023
livenija:
this is getting old n boring

Re: Air Ticket Prices Rise By 34.06% – NBS by DMerciful(m): 2:09pm On Jul 05, 2023
Renewed hopelessness!
1 2 3 4 Reply

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