• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Yuletide: One Way Air Ticket Hits N150,000 Amid Jet-A1, Forex Scarcity

by Yusuf Babalola
3 years ago
in Business
air
Share on WhatsAppShare on FacebookShare on XTelegram

As airlines continue to battle Jet-A1 Fuel price hike and forex scarcity, air travelers are now paying about N150,000 air fare for a one way trip in-country, LEADERSHIP can now reveal.

Advertisement

This, however, is expected to continue as yuletide approaches, especially, on high traffic routes, most of whom are in the Eastern part of the country.

The yuletide is often the peak period for airline operators but crisis in the aviation sector over inability to access foreign exchange at official rate, aviation fuel hike also known as Jet A1 and Naira devaluation have dampened the expected flight traffic.

The aviation fuel crisis, according to LEADERSHIP, has worsened and is threatening the ability of airlines to continue operations with the price of Jet-A1 rising from N200 in December 2021 to over N400 per litre in February 2022 and currently, skyrocketed to over N800 per litre depending on the area of purchase.

Airlines are also struggling with high operating costs, such as; taxes, surcharges and maintenance costs that have risen because of the scarcity of foreign exchange. Airlines carry out most of their activities in US dollars which today is in short supply.

RELATED

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

5 hours ago
Nigeria’s Internet Subscribers Reach 148m, Highest In 14 Months

Despite 50% Tariff Hike, Internet Usage Hits 1m TB In May

16 hours ago

Findings showed that aviation fuel accounts for over 65 per cent of airline’s revenues, excluding, multiple charges to aviation agencies, labour, aircraft maintenance and rent, non-aircraft rents and professional services, landing fees, amongst others.

Due to these mentioned crisis, Airline Operators of Nigeria (AON), in February, pegged one-way ticket fare to a minimum of N50,000.

However, since then, one-way airfare has soared above N100,000, especially, as the nation approached yuletide period where traveling is always at the peak

A visit to website of some airlines showed that a one way ticket has hit a whooping N150,000 on high traffic routes as at November 20th, 2022.

According to Airpeace, Lagos to Anambra on 23rd of December as at Sunday, November 20th, 2023, goes for N150,000.

Abuja to Anambra on 20th December goes for N150,000 while flights to same location from 21st to 24th are booked to full capacity and therefore not available.

Abuja to Lagos that was pegged at N50,000 and expected to experience low traffic goes for minimum of N70,000 and may still go up if demand increases.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Breweries Opt For Nigeria’s Sorghum Grits For Beverage, Food Making

Next Post

Zenith Tech Fair 2.0: Finalists Take Home N53m In Prize Money

Yusuf Babalola

Yusuf Babalola

You May Like

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island
Business

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

2025/07/05
Nigeria’s Internet Subscribers Reach 148m, Highest In 14 Months
Business

Despite 50% Tariff Hike, Internet Usage Hits 1m TB In May

2025/07/05
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Interim Dividend: Stocks Gain N377bn In 1 Week

2025/07/05
Nigeria Is Top Investment Pick, Says Asia Fund Veteran
Business

Nigeria Is Top Investment Pick, Says Asia Fund Veteran

2025/07/05
Galaxy Backbone, REA Partner To Power Rural Areas
Business

Galaxy Backbone, REA Partner To Power Rural Areas

2025/07/05
Segilola Resources Unveils Livelihood Programme For Osun Communities
Business

Segilola Resources Unveils Livelihood Programme For Osun Communities

2025/07/05
Leadership Conference advertisement

LATEST

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

40 Ghanaian Victims Rescued As Police Bust Human Trafficking Syndicate In Ondo

NASS To Transmit Constitution Review Report To State Assemblies Before December

Jigawa Local Gov’t Chairman Dies At 61

Club World Cup: 9-man PSG Defeat Bayern To Reach Semi-final

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

Liverpool Stars Honour Diogo Jota, André Silva At Funeral In Portugal

Chelsea Complete £48.5m Signing Of Gittens From Dortmund

Forget 2027, Presidency Tells Coalition’s ADC

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.