“Lagos to Ibadan N6,500”: Cheapest, Most Expensive States To Travel by Air in Nigeria

“Lagos to Ibadan N6,500”: Cheapest, Most Expensive States To Travel by Air in Nigeria

  • New data from NBS has revealed the list of states with the most expensive and cheapest fares in Nigeria
  • This revelation comes as Green Africa Airways, a new airline, offers passengers the opportunity to fly from Ibadan to Lagos for just N6,500
  • With the rising levels of insecurity in the country, many Nigerians consider traveling by air a safer choice

The National Bureau of Statistics has revealed that the cost of traveling by air within Nigeria increased by over 40% in one year, spanning June 2022 to June 2023.

The statistics agency stated this in its recent Transport Fare Watch report for June 2023.

Cheapest airfares in Nigeria
Airfares in Nigeria is on the rise Photo credit: NBS
Source: Facebook

Breakdown of the airfares

According to NBS, the average fare paid by air passengers for specified routes’ single journey increased by 4.93% from N74,948.78 in May 2023 to N78,640.54 in June 2023.

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On a year-on-year basis, the fare rose by 40.22% from N56,082.64 in June 2022.

States with the highest air fares’ single journey

  • Delta- N87,000
  • Kebbi- N83,500
  • Enugu/Bayelsa- N83,000

States with the slowest air fares ’ single journey

  • Abia-
  • Niger-
  • Plateau, Kwara, Imo, Edo, Benue, Kano, Jigawa, Akwa Ibom- N75,000

By region airfares single journey

  • North Central: N76,357
  • North East: N80,650
  • North West: N78,900
  • South East: N77,200
  • South South: N80,000
  • South West: N78,833

Lagos to Ibadan N6,500

Legit.ng reported that Green Africa Airways said it is slashing the flight ticket for the Ibadan-Lagos route to N6,500 in

The gesture is to help reduce traffic congestion on the Lagos-Ibadan expressway due to ongoing road construction.

The airline believes its service will help provide a practical substitute for the gridlock on the heavily used express road.

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In another report, Legit.ng revealed that the National Bureau of Statistics(NBS) announced that Nigeria’s annual inflation rate rose for the seventh straight month, nearing an 18-year high of 24.08% in July 2023

The bureau disclosed this in its latest inflation report.

The latest inflation figures means the value of Nigeria's minimum wage has dropped from N30,000 to N24,000.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.