Stats: 3,176,176 members, 7,896,986 topics. Date: Monday, 22 July 2024 at 06:22 AM |
Nairaland Forum / Bobloco's Profile / Bobloco's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 304 pages)
![]() |
DamnnNiggarr: They will continue to wait till thy kingdom come Peter Obi silence treatment to them is truly golden |
![]() |
aderadio1: Confused as well |
![]() |
Tinubu, Bayo Onanuga and his fellow BATerians thrive in tribal and ethnic bigotry |
![]() |
Under this Calamitous Tinubu regime, he will still have his Job |
![]() |
EreluRoz: It obvious you are not informed
|
![]() |
EcoNews: I say make I remind you 1 Like
|
![]() |
Hotfreeze: I say make I let you know
|
![]() |
NIGERIA’S aviation industry has run into dark stormy clouds. A significant number of Nigeria’s domestic airlines aircraft are grounded. Air ticket prices have gained unprecedented altitude such that passengers are forced to pay a king’s ransom as racketeers take over sales. Airlines appear to be taking advantage of a bad situation to the detriment of the flying public. Recently, medi.a reports suggested that domestic airfares have exceeded international flights within the West African sub-region, This is an anomaly. Local return flights on popular routes such as Lagos to Abuja, Lagos to Port Harcourt, and Lagos to Kano are quoted by airline and travel agency portals at N260,000to N300,000 per return ticket for economy class. Passengers buying at the counter on flight days can pay up to N250,000 for a one-way ticket. During the Eid-el-Kabir holiday, passengers who did not purchase tickets in advance paid as much asN280,000 for an economy ticket on the Lagos-Abuja route. Comparatively, Africa World Airlines indicated that a one-way flight from Lagos to Accra costs about N233,000 for a Thursday flight, but about N300,000 for Monday, Tuesday, and Wednesday last week. This includes a $100 (N160,000) passenger service tax imposed on international travellers. While the situation reflects the huge operational and financial challenges domestic carriers face, it also indicates that they might beexploiting passengers who have supported their business. Elsewhere passengers are rewarded for loyalty not punished. The current problem concerns severe seat shortages that have plagued the industry since April when the Nigeria Civil Aviation Authority grounded Dana Air over safety concerns. Many airlines also have aircraft stuck at maintenance facilities abroad while they struggle to obtain foreign exchange to pay repair bills. Airline operators and travel agencies attribute the escalating cost of tickets to the forces of demand and supply. A year ago, a return ticket for a Lagos–Abuja flight cost N100,000. Airlines have long complained that they contend with multiple taxes by industry regulators focussed on revenue generation rather than offering commensurate services and support for local carriers. Recent calculations indicate that domestic airlines deal with taxes, charges, and fees which amount to 32.7 percent of domestic gross revenues in an industry with an average operating margin of 2.6 percent. Until recently the industry suffered a high mortality rate with an average lifespan of 10 years. At least 40 domestic airlines have collapsed within the last 20 years. Arik Air and Aero, once industry favourites, are under receivership. Infrastructure and technical support at local airports are woeful. Most are no better than bus parks with primitive check-in, airline, and passenger support facilities. Out of 22 airports managed by the Federal Airports Authority of Nigeria, only six have airfield lighting to enable flights to land and take off after 6.30 pm. Only Lagos, Abuja, and Port Harcourt are commercially viable per FAAN. In addition, the cost of aviation fuel is prohibitive. In April, aviation fuel jumped to N1,300 per litre. Media reports indicate that fuelling is the largest cash guzzler in airline operational costs at 45 per cent. A litre increased to about N1,500 in Lagos and N2,000 in Kano and Maiduguri later. However, in late April, the Dangote Refinery offered a respite by announcing a litre of aviation fuel at N940. This has yet to reflect on prices, even moderately. However, for all their woes, exploiting passengers is a bad business practice. Many passengers have resorted to travelling by road as airfares become increasingly unaffordable. Airlines must stop staff colluding with touts and racketeers who mop up tickets only to resell them to desperate time-pressed passengers. How can they explain how their portals indicate sold-out seats on flights only for such seats to become vacant close to flight time and sold for up to 50 percent premium? Passengers sometimes board so-called fully booked flights only to find several seats empty. Some are forced to buy expensive business-classtickets, yet spaces abound in the economy. The resurgence of ticket racketeering indicates weak regulations that have defined Nigeria’s aviation industry for eons. Some industry experts have suggested that air ticket purchases should be linked with passengers’ Bank Verification Numbers to make bought tickets non-transferable. This should be considered to end the untold hardship passengers have been subjected to. A one-hour London to Manchester air ticket can be purchased for £35 (N74,000) on low-cost carriers. There is no justification for the N200,000 tickets from Lagos to Abuja. The exploitative practices by airlines highlight why the government should accelerate the provision of good alternatives by fixing roads and rail infrastructure. A Lagos to Abuja fast rail link is long overdue. On many occasions, the Federal Government has attempted to ameliorate the crisis by establishing a public airline. The government-owned Nigeria Airways crashed due to gross mismanagement and corruption. So, it is not the way forward. Air transport is a key business facilitator supporting 87.7 million jobs worldwide. Aviation enables $3.5 trillion in global GDP. It also has social benefits – facilitating connectivity, leisure, and cultural experiences. In Nigeria, the sector is depressed. According to the International Air Transport Association, aviation contributes a paltry 0.4 per cent to Nigeria’s GDP. In India, the sector is thriving, contributing 5.0 per cent to GDP. Accounting for 472,000 jobs, aviation contributes 3.2 per cent to South Africa’s GDP per IATA. In concrete figures, it is $9.4 billion in gross value-added contribution to GDP. Nigeria should ordinarily be the aviation hub for Africa due to its geographical position, but gross mismanagement and corruption have derailed that. Airlines should know that the current ticketing regime is unsustainable. Regardless, the government and other stakeholders address the aviation sector challenges to reduce costs and make flying affordable. https://punchng.com/nigerias-airlines-must-stop-ticket-racketeering/ |
![]() |
yarimo: yarimo, try get sence at least once in your entire life 8 Likes |
![]() |
DesChyko: There was nothing like system glitch 2 Likes |
![]() |
Creamypie: Imagine that 3 Likes |
![]() |
slivertongue: Of course, and it will always remain a legitimate instrument of democracy for raising the voice of citizens. |
![]() |
BATerians will still blame Peter Obi for these protests against the worst regime to have ever emerged in the history of this country. 8 Likes |
![]() |
Bayo Onanuga and his fellow BATerians know this very fact but as usual, Peter Obi must be blamed for Tinubu's incompetence and cluelessness 20 Likes 2 Shares |
![]() |
Tinubu is not in control of his thought process 1 Like |
![]() |
The emergence of the Tinubu administration is certainly the worst thing that has happened to this nation. |
![]() |
It's finished 1 Like |
![]() |
yarimo: While Tinubu was shamelessly and lustfully staring at another woman's boobs even with his wife, Remi, present.
|
![]() |
tunde1200: You are |
![]() |
SadiqBabaSani: Bayo Onanuga is an ethnic bigot |
![]() |
Bayo Onanuga lacks integrity 10 Likes |
![]() |
helinues: You are such a 🤡 |
![]() |
[quote author=Paraman post=131063802][/quote] And he invaded Oba of Lagos palace, took away his staff of office and placed it on Jiji during the Endsars protests 1 Share
|
![]() |
raskymonojendor: Your southwestern brothers You mean because the last time I checked, Tinubu is the only politician on planet Earth empowering, sponsoring, and funding agberos, thugs, and hoodlums. In fact, he wears it as a badge of honor. Tinubu's only legacy in Lagos State is agberos, thugs, and hoodlums, making Lagos State the headquarters of agberosim and thuggery in the entire wide world. 6 Likes 1 Share |
![]() |
helinues: You are simply irredeemable 1 Like 1 Share |
![]() |
The presidency should stop being mischievous. They should stop the blame game and look into the mirror. Tinubu is the one sponsoring these protests against his government through his calamitous economic policies that succeeded in inflicting premium hunger, starvation, high inflation rate, etc. on the citizens. |
![]() |
helinues: Haven't you heard or seen the south-east and, by extension, the Igbos reiterating the fact that they are not part and parcel of any kind of protest? Or you just want to spread lies, falsehood, and bigotry because it's obvious you have the penchant for unwarranted bellicosity and belligerence. 2 Likes 1 Share |
![]() |
helinues: Which region? Are you referring to the Northern region and the Western region? Because the last time I checked, these are the regions being so loud about these protests. The southeast region has reiterated severally that they are not part of any protests. So which region are you now referring to? 3 Likes 1 Share |
![]() |
sIfioksq: But Tinubu used it to disrupt the positive momentum of the Goodluck Jonathan government 3 Likes 1 Share |
![]() |
HenryThegreat1: Bro, don't you think you are being too generous with that? |
![]() |
Protests will always remain a legitimate instrument of democracy for raising the voice of citizens. Tinubu and his allies sponsored and organised protests and civil disobedience, including threatening to form parallel governments against the Goodluck Jonathan government, and they did all these acts without being disturbed; no one called them ethnic bigots or brought ethnicity into it; no one threatened them or even charged them for treason. Tinubu, as president of Nigeria today, is now afraid of protests, as these were the same instruments he, together with his allies, used against the Goodluck Jonathan government. 3 Likes |
![]() |
tunde1200:Why are you bitter? |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 304 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 62 |