Business Nigeria: Airlines Hike Flight Fares by 40% as Fuel Scarcity Bites

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LequteMan

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Numerous airlines in the country have increased their flight fares by around 40% due to a more expensive aviation fuel and the lingering scarcity beclouding it.

The price of aviation fuel across the nation is now N240 per litre. The product used to go for N205 to N210 per litre until this week. Things are worse in some other states like Kano, Sokoto and Yola where it is sold at N250 per litre.

As a result, a return ticket on the popular Abuja-Lagos route for the major domestic airlines is now between N70,000 to N88,000, a 40% increase.

Foreign airlines are also panicking over the current aviation fuel shortage on the West African coast, with some airlines are going as far as Gabon to get aviation fuel.


Daily Trust
 

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