Airfare rises by 443 in March NBS

The National Bureau of Statistics (NBS) on Monday said average airfare increased from N44.825.04 in February 2022 to N46,810.62 in March 2022, indicating 4.43% fare rise in the period under review.

In its “Transport Fare Watch in March 2022,” document, the Bureau said: “The average fare paid by air passengers for specified routes single journey, increased by 4.43 percent on a month-on-month from N44,825.04 in February 2022 to N 46,810.62 in March 2022. On a year-on-year, the fare rose by 28.26 percent (N36,495.41) in March 2021.”

The report also covered 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.