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High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana - Politics - Nairaland

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High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by OKDnigeria: 11:49am On Aug 22, 2016
A number of international carriers offering flight services have started relocating their offices to Accra, Ghana from their operational bases in Nigeria.

It was gathered that such airlines which now have their bases in Ghana, only fly in to Nigeria to pick passengers on scheduled flights.

The airlines cited the poor value of the naira, high cost and paucity of aviation fuel as some of the reasons for their relocation, Thisday learned.

One of the major international operators in Nigeria, Emirates, started last Sunday to pick up Nigerian passengers and take them to Accra, where it refuels and before heading back to Dubai, its operational hub.

It was also learned that some other airlines are already opening their Accra offices, while some have started both Accra and Lagos flights.

The Chairman of Airline Operators of Nigeria, AON, Captain Nogie Meggison, who confirmed Emirates’ latest decision said other foreign airlines may follow suit because of the high cost of aviation fuel, which is hurting air transport business in Nigeria.

Meggison noted that some of the airlines may even begin to attract Nigerian passengers to travel to Ghana to board international flights.

Meggison said that Ghana may also use the price of aviation fuel, known as Jet A1 to attract more foreign airlines operating into Nigeria to move to Accra, a development which he said will hurt hotel and logistics supply businesses in Nigeria.

While aviation fuel is sold at N200 to N250 per litre in Nigeria, the product is sold at N110 per litre in Accra as the West African neighbouring country reduced the price of the product by 20 percent about two weeks ago.

He also noted that domestic airlines would also lose connecting passengers from other destinations to Lagos and Abuja where they board international flights.

Meggison also frowned on what some industry observers described as the cartel of oil marketers that arbitrarily fix price of aviation fuel to boost their profits.

He noted that as they make profits from the aviation fuel they are stifling Nigeria’s economy because they drive away foreign airlines out of the country.


http://africabusinesscommunities.com/news/foreign-airlines-in-nigeria-shift-operational-base-to-ghana.html

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Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by Nobody: 12:07pm On Aug 22, 2016
Haba...


This change is very strange. These guys need to take some time off and go for real brainstorming. The last session did not yield any meaningful outcomes


Meanwhile OBJ and Bakare think we are doing well

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Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by osile2012: 12:12pm On Aug 22, 2016
[size=18pt]only the strong survive.[/size]
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by doctokwus: 12:32pm On Aug 22, 2016
They said once the oil sector is liberalised,with market determined prices,foreign investors wud flood into the sector and prices wud come down. All of the opposite is happening:foreign investors are trooping out and the cost of all types of fuel,diesel,aviation,kerosene av skyrocketed.
This is voodoo economics under a confused economic team.
They said we lose billions because our fuel is cheaper than those of neighbouring countries.Ghana has done the opposite and we are losing a vital sector,the aviation sector to them.We av already lost the car biz sector to Benin Republic.
The mad people running our economy shud just all do US a favor and resign,let the economy run on auto pilot because they are all causing more harm than good despite them being paid handsomely for their incompetence.
Despite his distressing slow pace,late Yar'Adua seems to be the Only person that had an idea of how he wanted to get Nigeria out of the woods.The one after him was too daft to know what to do and this present one doesn't seem bothered about the hardship in the land.He can even afford to entertain a corrupt speaker Dogara twice in his office!

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Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by PehaKaso: 12:36pm On Aug 22, 2016
cc; PMB,PYO,OBJ, et al.
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by drss2(m): 12:40pm On Aug 22, 2016
if i were a ghost, d first tin i go do na to enta aso rock slap some sence on buari dullard.

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Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by Jirate(m): 1:43pm On Aug 22, 2016
This is Painful, very very Painful. Ghana of all places, Nigeria is finished, APC must be Kicked out of this country as fast as possible, they are our worst nightmare. cool
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by tribalistseun: 2:03pm On Aug 22, 2016
[size=20pt]Let me hear anyone say giant of Africa again.[/size]
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by LORDOFAFONJAS: 2:08pm On Aug 22, 2016
There is no hope for this nation......
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by Landloard01(m): 2:09pm On Aug 22, 2016
ok
Re: High Cost Of Aviation Fuel: Foreign Airlines In Nigeria Shift Base To Ghana by basilo101: 2:49pm On Aug 22, 2016
sai chanji

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