Recent data by the National Bureau of Statistics (NBS) has raised concerns as it projected average domestic airfare paid by passengers to have hiked by 94.78 per cent in the past 12 months. According to the data, based on a year-on-year, the fare rose by 94.78 per cent from N38,352.19 in January 2022. It gave a further breakdown, noting that the average transport fare paid via commercial motorcycle was N466.25 in January 2023. While on a year-on-year, the fare rose by 36.75 per cent when compared with January 2021 (N340.94). Whereas the average fare paid for water transport (waterway passenger transportation) in January 2023 increased to N1,032.84.

Source: Ethiopian News March 03, 2023 19:52 UTC