Tag: Nigerian airfares

Air Peace Chairman and Chief Executive Officer, Allen Onyema has stated that Nigeria’s domestic aviation sector is facing a looming crisis, as newly introduced tax laws threaten to drive ticket prices beyond ₦1 million and force airlines out of business, warning that unless urgent steps are taken to reverse the policy, the industry could begin to collapse within months, with severe consequences for passengers, banks and the wider economy. Speaking during an interview yesterday, Onyema said Nigerian airlines are weighed down by excessive taxation, levies and charges that leave operators…