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Onyema decries high insurance premium, says Nigerian airlines safest

The Chairman/Chief Executive Officer of Air Peace, Mr Allen Onyema, yesterday said the Nigeria aviation industry is super safe, declaring that Nigeria’s sky is the safest in the world.

Onyema spoke in Abuja on Wednesday during the 7th African Aviation Summit and Exhibition.

The airline operator however stated that despite the highest safety standards implemented in the aviation industry, Nigerian operators paid the highest insurance premium in the world. 

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“Insurance premium we pay on one aircraft is what the legacy airlines of this world pay on four aircraft,” he declared.

Onyema commended the new government of President Bola Tinubu for making the implementation of the maintenance, repair and overhaul (MRO) facility as a cardinal programme to improve aviation development. 

He rejected insinuations in some quarters that Nigerian airlines are weak.

“We take exception to the comments that Nigerian airlines are weak. The CEO of Ethiopian Airlines should stop lampooning Nigerian airlines,” he said. 

According to him, no foreign airline, including Ethiopian Airlines, would survive for three days if subjected to the same kind of operating environment the Nigerian airlines are facing.

“Other African countries should also respect Nigeria. If they are coming to our country, we should be allowed to come to their countries. We must be fair. We are against being stopped by other countries. 

“This country is unnecessarily stigmatized and we refuse to be stigmatized.”

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