Airlines to increase flight tickets to N120,000- Airline Operators

-

Airline Operators Association of Nigeria (AOAN) has warned that airfare might rise to about N120,000 if urgent actions are not taken to reduce the price of aviation fuel.

Allen Onyema, CEO of Air Peace who spoke on behalf of the Airline Operators Association of Nigeria (AOAN) at a parliamentary briefing on Monday called on President Muhammadu Buhari’s regime to grant operators permission to import the product to end the hike.

He argued that if airline companies can buy planes worth millions of dollars, they would have no trouble importing aviation fuel.

Lamenting that the cheapest flight ticket costs N70,000, Mr Onyema warned there would be further increase if efforts were not made to address the fuel crisis.

Responding to the airline operators’ request, the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, disclosed that plans were underway to issue airline operators licences to import aviation fuel.

It was agreed at a hearing attended by the Major Oil Marketers Association of Nigeria (MOMAN) and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) that the price of Jet-A1 be set at N500 per litre, down from N670 per litre.

Mr Onyema had said at the briefing that airline operators agreed to down tools until the fuel price returned to normal rate.

“We have only three more days, all airlines in Nigeria will shut down,” Mr Onyema said. “We are not threatening this country, it is a fact.”

Comments

Post a Comment

Popular posts from this blog

Sallah: NSCDC deploys 3005 operatives in Kano to ensure safety

-
Image
  Nigeria Security and Civil Defence Corps have deployed 3005 tactical operation squad to places of Sallah festivities in Kano. This was contained in a statement issued to Daily News 24 by the Command’s Public Relations Officer, DSC Ibrahim Idris Abdullahi. The statement noted that an emergency response unit team will also be available in Kano metropolis during the period, to ensure hitch free Sallah festivities as well as protection of critical national assets and infrastructure. The Commandant of the Corps in Kano, Idris Adamu Zakari, Nigeria Security and Civil Defence Corps Kano Command assured general public of their safety and protection of infrastructure, while cautioning them to be vigilant and report any suspicious movement to security agents. The Command then called on good people of Kano to note that, security is a collective responsibility of all good citizens; the general public are hereby enjoined to share useful security information to law enforcement a...
Read more

How ICRC trains and empower disable, Hisbah guards in Kano

-
Image
Umar Idris Shuaibu - Kano Fifty people with disability benefited from micro economic initiative of International Committee of Red Cross (ICRC). The supervisor of the Project from Economic Security Unit of ICRC in Kano, Musa Peter said the four days training was geared towards training the beneficiaries with different business ideas that will help them to formulate the viable business plan and develop it into reality, and also managing the business opportunity for them to be self reliant. Musa Peter added that ICRC motive is to empower the people with training and finances so as to be productive and be employers of labour. "The financial literacy training is to first of all integrate the disable into society and give them hope that there's better life in the future. "Because anybody who is successful after the final stage of the project cycle, our hope is to get millionaires out of them with the businesses they're running, as in the case of some people befo...
Read more

Verify license status of Companies before investing - CBN, SEC advise citizens

-
Image
Umar Idris Shuaibu - Kano The Financial Services Regulation Coordinating Committee (FSRCC) has advised members of the public to refrain from dealing with illegal financial operators (IFOs). The committee said this in an advisory posted on the Central Bank of Nigeria (CBN’s) website on Monday. FRSCC is an inter-agency body set up to deal with matters of common interest and concern to the various regulatory and supervisory authorities in the financial services industry. Member agencies include the CBN, Corporate Affairs Commission (CAC), federal ministry of finance, National Insurance Commission (NAICOM), National Pension Commission (PenCom), Nigeria Deposit Insurance Commission (NDIC), Securities and Exchange Commission (SEC), the Nigerian Stock Exchange, Abuja Securities and Commodity Exchange Plc and the Federal Inland Revenue Service (FIRS). According to the FRSCC, the rise in the activities of IFOs portends a grave risk to public confidence and the stability of the Niger...
Read more