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Airfares fluctuate amid COVID-19 second wave
Joseph Olaoluwa
The cost of air tickets along several routes have reduced as business activities have resumed for the New Year, findings by
The PUNCH have shown.
The decrease in the price regime was reflected by several carriers on flights for one-way trips from Lagos to Abuja.
Before now, the cost of flights ranged from N60,000 to over N100,000 last year due to rising insecurity in the country and cost of flight operations.
This is amidst the second wave of the COVID-19 virus in which the National Assembly and the Ministry of Aviation were considering banning flights from the United Kingdom, the United States and other countries with high rates of COVID-19.
The Nigeria Bureau of Statistics (NBS) said on Tuesday the average bus fare paid by Nigerian commuters within the city increased by 79 percent in one |
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Joseph Olaoluwa
The latest data released by the National Bureau of Statistics on Friday revealed that air passengers paid more for specified routes on a single journey, month-on-month and year-on-year in November.
The average fare paid by travellers increased by 0.13 per cent month-on-month and by 18.47 per cent year-on-year to N36,301.74 in November 2020 from N36,256.08 in October.
States with the highest airfares were Anambra/Cross River N38,500; Lagos N38,400 and Jigawa N38,260; while states with the lowest airfares were Akwa Ibom N32,500; Sokoto N33,200; and Gombe N34,550.
These are according to the Transport Fare Watch data for November provided by the statistics office.