Skip to content
August 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Domestic Airfares increased by 25% in August, now N123,000 – NBS
  • Business & Economy
  • National News

Domestic Airfares increased by 25% in August, now N123,000 – NBS

Admin September 26, 2024

Valuejet plane

September 26, 2024

The National Bureau of Statistics (NBS) has reported a rise in average domestic airfare in Nigeria at N123,000.

According NBS August Transport Fare Watch report, it said the increase signifies a 25 percent hike from what was obtainable in July 2024.

“In air travel, the average fare paid by air passengers for specified routes single journey was N123,700.14 in August 2024, showing an increase of 25.51% while compared to the previous month (July 2024).”

“On a year-on-year basis, the fare rose by 56.56% from N79,011.38 in August 2023.”

The NBS said Niger State had the highest average prices of airplane tickets on a single journey. It put the price at N129,575.21 and is closely followed by Abuja with N129,442.67.

“Conversely, Zamfara recorded the least fare with N102,665.89, followed by Cross River with N120,088.93,” the NBS said.

“The average fare paid by commuters for bus journeys within the city per drop decreased to 7.77% from N942.61 in July 2024 to N869.35 in August 2024. On a year-on-year basis, it declined by 34.95% from N1,336.38 in August 2023.

“In another category, the average fare paid by commuters for bus journey intercity per drop was N7,159.00 in August 2024, indicating an increase of 0.59% on a month-on-month basis compared to N7,117.17 in July 2024. On a year-on-year basis, the fare rose by 20.97% from N5,918.18 in August 2023.”

“On state profile analysis, for intercity bus travel (state route charged per person fare), the highest fare was recorded in Anambra with N9,580.85, followed by Gombe with N8,349.26,” the agency added in the report published on its website.

“The least fare was recorded in Kwara with N5,574.46, followed by Ebonyi with N5,614.81. Zamfara state recorded the highest bus journeys within the city (per drop constant route) in August 2024 with N1,155.52 followed by Ondo with N1,065.20.”

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: NBS

Post navigation

Previous Edo 2024: A fait accompli, not an election, by Jane Uyi Orobosa
Next FX liquidity: CBN approves additional $20,000 to eligible BDCs

Related Stories

Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator
  • National News

Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator

August 14, 2026
NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs PIA
  • Business & Economy

NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership
  • Sports

NPFL–Murphy Ben International Deal: Meet The YouTube Powerhouse Behind The Partnership

August 15, 2026
Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator
  • National News

Tinubu Signs Landmark Bill: Nigerian Shippers’ Council Transformed into Full Port Economic Regulator

August 14, 2026
NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs PIA
  • Business & Economy

NUPRC Proposes Domestic Crude & Gas Swap to Boost Supply, Cut Costs

August 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.