Nigerians Enjoy World’s Cheapest Domestic Airfares – Air Peace Boss
Nigerians are reportedly paying some of the lowest domestic airfares in the world, according to Allen Onyema, Chairman and CEO of Air Peace.
Speaking recently, Onyema noted that while a one-hour flight abroad can cost more than $400, similar domestic flights in Nigeria are priced around ₦125,000, which is less than $60.
“Nigerians are flying at some of the cheapest fares globally,” Onyema said, adding that despite rising costs, local airlines continue to maintain affordable ticket prices.
He further explained that airlines operate under significant financial pressure, with high taxes and operational costs consuming a large portion of revenue. Onyema emphasized that carriers often retain only a fraction of ticket sales after meeting mandatory charges.
His comments come as the aviation industry faces scrutiny over fare increases during peak travel periods. Onyema urged the public to support Nigerian carriers to ensure sustainable and reliable air travel.
— Source: Abujapress, Metro Daily, The Cable