Business
Why aviation crisis is aggravating in Nigeria– FG
There are no immediate solutions to the present crisis rocking Nigeria’s aviation sector as the cause of the major challenge in the industry is a global issue, the Federal Government declared on Tuesday.
Although the government said that it was making efforts to address the challenges, it noted that it could not tell when the solutions to the crisis would appear.
Domestic airlines in Nigeria have been faced with a stiff challenge posed by the hike in the price of aviation fuel, popularly called JetA1.
The cost of the commodity has jumped from less than N300/litre to over N800/litre within about five months.
This has also warranted an increase in airfares by airlines that could manage to get the commodity, while others that could not survive the situation, such as Aero Contractors, have temporarily suspended operations.
However, the airlines operating currently, have continued to delay or cancel flights due to difficultly in accessing JetA1, a development that has caused untold hardship to travellers.
Reacting to the crisis in the sector at a meeting with officials of the Airline Operators of Nigeria in Abuja on Tuesday, the Minister of Aviation, Hadi Sirika, stated that the government was aware of the challenges, but noted that there was no immediate solution to the concerns currently.
He said, “Energy crises is real and it is global. Today there is aviation fuel problem all over the world. From America to New Zealand. It is aggravating in Nigeria because we don’t produce the product.
“It is aggravated also because the foreign exchange is scarce in Nigeria and the source of earning the foreign exchange has also has dwindled”.
He said the Federal Government had in the past sourced 10,000 metric tonnes of aviation fuel for domestic airlines, adding that the government was wiling to do more.
“As we speak, the government is in the process of finding a permanent solution to this issue,” Sirika stated.