Airfares across Nigeria have increased by as much as 100%, Ticket fares to cities like Port Harcourt, Ilorin, and northern states like Kebbi, Borno, Adamawa and Kano have increased by as much as 100% in the last month.
An Aviation Consultant, Muyiwa Lucas, attributed the recent spike in naira-to-dollar rate to the surge in the fare, as the development exposed local airlines to more financial needs.
According to him, most of the airlines’ expenses are denominated in dollars.
Business and student travellers who spoke to a journalist about their experience expressed shock and resentment about the rising cost of airfare in Nigeria especially as travelling by road continues to be risky due to the activities of bandits, herdsmen and kidnappers.
Some express shock when they observed that the airfare from Lagos to Port Harcourt had gone up by over 100%, from N26,000 to N60,000 (Air Peace) and that flights to the city were fully booked until April 12, 2021.
Another air traveller, Tobi Hassan, who is a Post Graduate student at the Kwara State University, also lamented the recent hike in the fare to Ilorin. “The price had increased from N27,000 to N52,500 when I checked last week. I had no choice but to pay for an Overland Airline ticket because I cannot afford to travel by road,” he said.
Meanwhile, Wale Richard, Managing Director of an AgroTech firm based in Lagos but with clients in Kebbi State, told Nairametrics that he was also surprised when he observed that the fare to the state had gone up by over 100%.
One-way flight from Lagos to Kano which was N35,000 now cost between N56,500 and N90,000 on Max Air (depending on how early the flight was booked), while it is N73,000 on Air Peace for a second daily flight.
Another air traveller, Bimbola Omotayo, a Lawyer, who has been defending some cases in Kano, Kaduna and Abuja, told our analyst that she observed the fares had gone up few days after the Nigerian Civil Aviation Authority (NCAA) suspended the flight operations of Azman Air.
These are only four out of hundreds of air travellers who have been travelling from Lagos to different parts of the country. Many of them have borne the increase with equanimity, not wanting to expose themselves to the dangers of road travel, considering the high level of insecurity in various parts of the country.
One-way trip from Lagos to Port Harcourt via Air Peace, which was around N26,000, now costs over N50,000.
Also, Lagos to Kano via Max Air, which was about N40,000, now costs N90,500 (economy tickets as at 11.50pm on Saturday).