The cost of one-way air tickets in Nigeria rose by 88.7 per cent over a one-year period, data from the National Bureau of Statistics (NBS) shows.
Data from the NBS Transport Fare Watch showed that on average, the cost of a one-way ticket rose from N38,000 to over N70,000 between December 2021 to December 2022.
According to the data, Nigerians in the North Central region paid an average of N38,110.56 per person for one-way airfare charges in December 2021 but by December 2022, they paid up to N71,942.86 per person for a single trip.
It further showed that Nigerians in the North East region paid an average of N38,768.93 per person for one-way airfare charges in December 2021and by December 2022, travellers in the region paid an average of N75,850 per person for a single trip, showing a 95.65 per cent increase in the North East region within a year.
Travellers in the North West region paid an average of N37,794.61 per person for one-way airfare charges in December 2021, however, by December 2022, those in the region paid an average of N74,557.14 per person for a single trip, showing a 97.27 per cent increase in the North West region within a year.
In the South East region, travellers paid an average of N37,790.29 per person for one-way airfare charges in December 2021, but by December 2022, those in the region paid an average of N76,180 per person for a single trip, showing a 101.59 per cent increase in South East region within a year, while travellers in the South-South region paid an average of N38,397 per person for one-way airfare charges in December 2021. However, by December 2022, those in the region paid an average of N75,250 per person for a single trip, showing a 95.98 per cent increase in the South-South region within a year.
The NBS data also showed that Nigerians in the South West region paid an average of N38,681.83 per person for one-way airfare charges in December 2021. However, by December 2022, those in the region paid an average of N74,450 per person for a single trip, showing a 92.47 per cent increase in the South West region within a year.