Airlines to increase flight tickets to N120,000: Allen Onyema
Allen Onyema, CEO of Air Peace, on Monday, warned that airfare might rise to about N120,000 if urgent actions are not taken to reduce the price of aviation fuel.
Mr Onyema 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.”
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Runway Overshoot: Dana plans refunds for customers after FG orders suspension of operations
The airline said it was processing refunds for affected flights over the next one month.
Education
Argentines protest budget cuts to public universities
The protestors are being joined by professors and students with their union leaders.
Sport
EPL: Everton hand Liverpool major upset in title race; Bruno Fernandes’ brace helps Man United return to winning ways
If City win the two games, they will go top of the table.
Heading 3
FRSC collaborates with judiciary for speedy trial of drivers involved in road crashes
“All drivers and vehicle owners who caused crashes on the roads would definitely face the wrath of the law.”
States
NDDC to engage youths in internship programmes
A new tech programme is set to be inaugurated.
Africa
Tanzania shuts down five hydro stations to reduce excess power on national grid
This is the first time the country will be shutting its hydroelectric stations over excess production.