The Spokesperson for the Airline Operators of Nigeria and Chairman of United Nigeria Airlines, Obiora Okonkwo, has said that with the increase in cost of operations, an air ticket from Lagos to Abuja should cost N250,000.
Okonkwo who disclosed this in an interview on Arise TV yesterday said: “If you think tickets are expensive, then you probably don’t appreciate the sacrifices made by local operators. If we have to charge the fares, the way the costs are increasing every day, we should be paying not less than N250,000 from Lagos to Abuja.”
Okonkwo who doubles as the Chairman of United Nigeria Airlines highlighted the urgent need for local airlines to access foreign exchange through a designated window facilitated by the Central Bank of Nigeria (CBN).
He called on the newly appointed Aviation minister, Festus Keyamo, to collaborate with other governmental bodies to identify and rectify obstructive elements within the system that exacerbate the existing challenges.
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Addressing the foreign exchange predicament, Okonkwo stated, “You have naira and you can’t convert it to the dollar. So, the solution to this is for our minister to understand that we need a special window with the CBN to access foreign exchange.”
He expressed concern over the unjustifiably high cost of aviation fuel, attributing the excess charges to speculative practices. He called on the Nigerian National Petroleum Company Limited (NNPCL) to play its part in stabilising the industry by curbing these practices.
He said: “There is no reason, no matter the international price of crude oil, that the aviation fuel should be delivered to the pump for more than N500. Everything you see on top of it is speculation and I am calling out on NNPCL staff to set this country free.
“The government and new aviation minister have to recognise the aviation industry as one of the essential industries in the country. It is no more for the rich only but a means of transportation.”