Economic Hardship: Foreign Travel Drops By 60% In Lagos, Abuja Airports
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Outbound foreign travel from Nigeria dropped by over 60% in 2024; passenger numbers fell from 2.04 million in 2023 to 816,000 in 2024; high foreign currency rates, especially the US dollar, made travel expensive; air ticket prices increased by over 600% since 2023; economy seats to the USA rose from N350,000 to between N2.7 million and N3 million; Dr. Kingsley Nwokoma of AFARN noted a decline of 40-50%; travel agents report only a few can afford foreign travel; high inflation and naira depreciation further impacted travel; Kano Airport remains resilient with regular flights despite economic conditions.
#ForeignTravel #Nigeria #EconomicHardship #Airlines #Naira #PassengerTraffic #AirTicketPrices #KanoAirport #LagosAirport #AbujaAirport
https://leadership.ng/economic-hardship-foreign-travel-drops-by-60-in-lagos-abuja-airports/
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