• About
  • Privacy Policy
  • Contact
Friday, May 23, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home Business

Airlines increased airfare from N36,922.97 to N72,690.54: NBS 

by Diplomatic Info
October 24, 2022
in Business, Nigeria
0
Airlines increased airfare from N36,922.97 to N72,690.54: NBS 
0
SHARES
7
VIEWS
Facebook ShareShare on WhatsAppTweet it!

NBS, in a report released on Monday, revealed that the average fare rose to N72,690.54 in September 2022 from N36,922.97 in September 2021.

Anew report by the Nigerian Bureau of Statistics (NBS) has revealed that the amount charged by airlines for airfare climbed by 96.87 per cent amidst the incessant rise in the price of aviation fuel.

NBS, in a report released on Monday, revealed that the average fare rose to N72,690.54 in September 2022 from N36,922.97 in September 2021.

The report further stated that airfare climbed by 11.76 per cent, from N65,041.89 in August 2022 to N72,690.54 in September 2022.   

“In air travels fare, the average fare paid by air passengers for specified routes single journey increased by 11.76 per cent on a month-on-month from N65,041.89 in August 2022 to N72,690.54 in September 2022. On a year-on-year, the fare rose by 96.87 per cent from N36,922.97 in September 2021,” the report stated.

According to data from the report, the average rate that commuters pay for bus rides within the city per drop increased by 2.19 per cent month over month, from N602.48 in August 2022 to N615.69 in August and September 2022.

This follows the increase in the price of aviation fuel. Recall that aircraft operators threatened to shut down operations in May due to the constant increase in the price of aviation fuel from N160 to N900 per litre.

To avoid further disruptions in the aviation industry, the House of Representatives ruled in May that six million litres of aviation fuel be sold to airline operators at the rate of N480 per litre for the next three months.

Diplomatic Info

Diplomatic Info

Next Post
Disobedient Nigerians, clueless governments caused flood disasters: Experts 

Disobedient Nigerians, clueless governments caused flood disasters: Experts 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Act on open grazing ban in Southern Nigeria – Miyetti Allah to North

Act on open grazing ban in Southern Nigeria – Miyetti Allah to North

4 years ago
Almajiri education: Borno to establish Islamic colleges

Almajiri education: Borno to establish Islamic colleges

4 years ago

Popular News

  • Israeli president says situation ‘very serious’ amid judicial overhaul debate

    Israeli president says situation ‘very serious’ amid judicial overhaul debate

    0 shares
    Share 0 Tweet 0
  • Kenyans hold candlelit vigil in solidarity with Palestine amid deuterating situation in Gaza Strip

    0 shares
    Share 0 Tweet 0
  • Ethiopia to receive 2.2 million doses of COVID-19 vaccines

    0 shares
    Share 0 Tweet 0
  • 8 killed, 25 injured in Cameroonian bus crash

    0 shares
    Share 0 Tweet 0
  • Buhari arrives Washington for U.S.-Africa leaders summit

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2023 Diplomatic Info - Built with Love by Creovantage.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2023 Diplomatic Info - Built with Love by Creovantage.