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Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy - Politics - Nairaland

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Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 1:53am On Dec 01, 2024
By Malali

December is to Nigerians what the Fourth of July is to Americans—an unmissable reunion, a time to reconnect, celebrate, and, of course, spend. The streets of Lagos buzz with festive energy, villages swell with homecomings, and no Nigerian abroad wants to miss out. Yet, a glaring obstacle remains: outrageous airfare costs.

Many diaspora Nigerians find themselves stranded abroad, not because they don’t want to come home, but because flights are ridiculously expensive. Airlines cash in on the demand surge, leaving the average Nigerian abroad staring at fares that could pay a year’s rent in Surulere.

But what if we flipped this script? What if Nigeria invested in subsidized flights from key cities with large Nigerian populations—New York, Chicago, Maryland, London, Manchester? Imagine a festive season where the diaspora can afford to fly home, inject foreign currency into the economy, and boost industries from hospitality to real estate.

The Problem: High Fares and Missed Opportunities

Airlines in host countries—consciously or not—“imprison” immigrants during the holidays. They hike ticket prices to capitalize on peak demand, knowing Nigerians abroad don’t want to miss Christmas and New Year’s festivities back home. Many end up staying put, sacrificing family bonds and festive joy.

Meanwhile, Nigeria’s economy misses out on the billions that could flow in from returning Nigerians eager to spend. Hotels go underutilized, restaurants lose customers, and real estate dreams remain unrealized.

The Solution: Subsidized Flights

Here’s the big idea: Nigeria partners with local airlines to provide subsidized flights from major cities with significant Nigerian populations.
• Start small: Begin with one or two cities—say, London and New York—test the waters, and expand gradually.
• Government-backed loans or guarantees: Airlines could receive incentives to keep ticket prices low in exchange for guaranteed revenue.
• Collaborate with Nigerian banks: Offer ticket financing options for travelers, repayable over time in naira.

Why This Strategy Works

[b] 1. Foreign Exchange Influx
• Every December, diaspora Nigerians bring in billions of dollars, often in cash. Subsidizing flights means more visitors, translating to more forex in the Nigerian economy.
2. Boost to Hospitality and Entertainment
• Hotels, Airbnb rentals, and restaurants would flourish with increased patronage.
• Events, concerts, and shows—staples of the festive season—would rake in higher attendance and revenue.
3. Increased Real Estate Investment
• A significant barrier to diaspora investment in Nigerian property is the difficulty of traveling back and forth. Affordable flights would encourage more Nigerians abroad to buy homes, land, and rentals.
4. Job Creation
• Airlines, airports, and ground handling services would need more staff, creating jobs directly. Indirectly, industries like logistics, tourism, and transportation would experience growth.
5. Positive Global Perception
• A government that invests in making homecoming easier for its citizens earns goodwill both locally and abroad, boosting national pride and confidence.
[/b]

Implementation: A Practical Blueprint

• Data-Driven Targeting: Use diaspora population data to prioritize routes. Start with New York, London, and Texas, where Nigerian communities are largest.
• Seasonal Pricing Model: Flights don’t need to be subsidized year-round. Focus on December through mid-January, when demand peaks.
• Public-Private Partnerships: Collaborate with Nigerian airlines like Air Peace or international carriers willing to share the vision.
• Diaspora Tax Incentive: Allow returning Nigerians to offset part of their ticket cost against any investment they make while in the country.

Why We Must Solve Our Own Problems

Let’s be honest: no foreign airline or government cares whether Nigerians can make it home for Christmas. They don’t have this problem, so why would they solve it? If we wait for the “market” to fix it, we’ll keep going round in circles.

Our peculiar challenges require peculiar solutions. Subsidized flights aren’t just a feel-good idea; they’re a strategic investment in Nigeria’s economy and identity. The ripple effects would be massive—more jobs, more money in circulation, and stronger family and cultural ties.

A Call to Action

Imagine a Nigeria where every December, millions of Nigerians abroad flood back home—not as prisoners of high airfare, but as proud sons and daughters eager to reconnect and reinvest. Imagine the boost to our economy, the joy in our communities, and the pride of a nation that truly values its people, no matter where they live.

It’s time we stopped dreaming about what could be and started building it. The world won’t do it for us. Let’s fly our people home and watch Nigeria soar.

Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 1:57am On Dec 01, 2024
Subsidized with what money with over 140 million Nigerians at or below abject poverty levels already with no hope of a good Christmas? angry
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 2:02am On Dec 01, 2024
Kobojunkie:
Subsidized with what money with over 140 million Nigerians at or below abject poverty levels already with no hope of a good Christmas? angry
You have a poverty mentality.....lol
The government can give the travelers vouchers.
These vouchers can be redeemed in Nigerian businesses, hotels,restaurants, real estate any major purchase.
The owners of these businesses can use it as tax credits to pay the government for taxes.
Nobody is given physical cash.
Learn to think outside the box....its okay to be broke, but don't have a poverty mentality, because even if you see an opportunity you wont recognize it.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 2:09am On Dec 01, 2024
malali:
➜You have a poverty mentality.....lol. The government can give the travelers vouchers. These vouchers can be redeemed in Nigerian businesses, hotels, restaurants, real estate any major purchase. The owners of these businesses can use it as tax credits to pay the government for taxes. Nobody is given physical cash. Learn to think outside the box....its okay to be broke, but don't have a poverty mentality, because even if you see an opportunity you wont recognize it.
Suggesting the extension of a limited tax break only to those companies patronized by visiting Nigerians is how you keep from not having this poverty mentality? huh
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 2:14am On Dec 01, 2024
Kobojunkie:
Extending limited tax breaks only to those companies patronized by visiting Nigerians is how you go about not having this poverty mentality? huh
Tax breaks incentives stimulate revenue generation when done properly.
Thus stimulating the economy. If done over a few years.....you can slowly cut back on the tax breaks.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by DeLaRue: 2:40am On Dec 01, 2024
Fantastic.

The government of a country with over 100 million very poor people should use scarce resources to subsidise the luxury transportation of people who left the country for supposedly rich foreign countries?

If you people have so many billions of dollars to 'inject' as you claim, then inject some into buying your tickets na.

People on minimum wage who can barely survive still have taxes deducted from their paltry wages. Now you want these taxes to be used to pay for your flight ticket to Nigeria huh

Because living abroad makes you special?

Your proposal is morally untenable.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 2:48am On Dec 01, 2024
malali:
➜Tax breaks incentives stimulate revenue generation when done properly. Thus stimulating the economy. If done over a few years.....you can slowly cut back on the tax breaks.
Your suggestion is that these Tax breaks be extended only to companies that serve visiting Nigerians— many of them probably owned and patronized by rich Nigerians—, ignoring the many other companies and businesses that the local Nigerians depend on and benefit from. That is how you properly stimulate the Nigerian economy? huh
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 3:37am On Dec 01, 2024
Kobojunkie:
Your suggestion is that these Tax breaks be extended only to companies that serve visiting Nigerians— many of them probably owned and patronized by rich Nigerians—, ignoring the many other companies and businesses that the local Nigerians depend on and benefit from. That is how you properly stimulate the Nigerian economy? huh

Tax break be extended to any company which the visiting Nigerians decide to patronize (Once they give you the vouchers, you can give some to FIRS in lieu of taxes)
The visiting Nigerians have the choice of walking into any establishment and using their coupons.(This eliminates bias of selection of whether an establishment is owned by a rich or poor Nigerian). This is a moot point.
This is a tried and tested model in many economy models. Its modified version of travel miles, credit card points,
And yes it will stimulate the economy,increase employment, without necessarily deploying physical cash by the federal government. If you still dont understand do a little research....its not voodoo, i promise.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 3:48am On Dec 01, 2024
malali:
➜Tax break be extended to any company which the visiting Nigerians decide to patronize (Once they give you the vouchers, you can give some to FIRS in lieu of taxes). The visiting Nigerians have the choice of walking into any establishment and using their coupons.(This eliminates bias of selection of whether an establishment is owned by a rich or poor Nigerian).
➜This is a moot point. This is a tried and tested model in many economy models. Its modified version of travel miles, credit card points, And yes it will stimulate the economy,increase employment, without necessarily deploying physical cash by the federal government. If you still dont understand do a little research....its not voodoo, i promise.
If you have ever had people visiting Nigeria or visited Nigeria yourself, you would note that there are businesses you almost instinctively stay away from. And many of these businesses are run by poor Nigerians. And you do so likely because you don't trust the quality of their products or you are too afraid of the potential health repercussions of patronizing their wares. I don't visit any roadside bukaterias, buy pure water from street vendors, or even stay close to the slums when I am in Nigeria. That is me and I know a lot of others who do the same. I prefer to buy and eat in more established places or at least where I feel the most at ease and these places are typically run by the rich. So, again, this tax-break of yours which will end up extended majorly to companies run majorly by the rich will benefit the over 120 million Nigerians who are living in poverty situations how? undecided

2. Tried and tested in a place that is like Nigeria or a place that is absolutely nothing like Nigeria is today? undecided
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 5:21am On Dec 01, 2024
Kobojunkie:
If you have ever had people visiting Nigeria or visited Nigeria yourself, you would note that there are businesses you almost instinctively stay away from. And many of these businesses are run by poor Nigerians. And you do so likely because you don't trust the quality of their products or you are too afraid of the potential health repercussions of patronizing their wares. I don't visit any roadside bukaterias, buy pure water from street vendors, or even stay close to the slums when I am in Nigeria. That is me and I know a lot of others who do the same. I prefer to buy and eat in more established places or at least where I feel the most at ease and these places are typically run by the rich. So, again, this tax-break of yours which will end up extended majorly to companies run majorly by the rich will benefit the over 120 million Nigerians who are living in poverty situations how? undecided

2. Tried and tested in a place that is like Nigeria or a place that is absolutely nothing like Nigeria is today? undecided
The rich cannot work there themselves.They have to employ people. If Amazon gets tax breaks and gets more business, it will need to hire more staff. I don't think this concept id for you. You seem to just want to argue regardless of me enlightening you. You seem like a doomsday naysayer...People who dont believe anything can ever work......lol
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 5:36am On Dec 01, 2024
malali:
➜The rich cannot work there themselves.They have to employ people. If Amazon gets tax breaks and gets more business, it will need to hire more staff. I don't think this concept id for you. You seem to just want to argue regardless of me enlightening you. You seem like a doomsday naysayer...People who dont believe anything can ever work......lol
Recall I had asked if your idea had been tried and tested in a place like Nigeria or at least a situation such as Nigeria is in today. Well, your response tells me all I need to know. 🤔

The working conditions and situation for the average Nigerian worker, some of who work for companies owned by these supposedly rich people is nothing to be compared to that obtained by those who work with Amazon. So, abeg, thank you ... come again! 🙄
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by helinues: 5:40am On Dec 01, 2024
Who is going to subsidized the flight fee? Hope you guys are not expecting FG to do that for you
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by malali(op): 5:43am On Dec 01, 2024
Kobojunkie:
Recall I had asked if your idea had been tried and tested in a place like Nigeria or at least a situation such as Nigeria is in today. Well, your response tells me all I need to know. 🤔

The working conditions and situation for the average Nigerian worker, some of who work for companies owned by these supposedly rich people is nothing to be compared to that obtained by those who work with Amazon. So, abeg, thank you ... come again! 🙄
You are someone that will never see good in anyone's idea. You have a negative perspective of every thing suggested. You have NOT brought forward any counter positive suggestions. You thrive on just tearing down ideas you could never have come up with.

Asides, being combat ready with what if,what about,what of.....I dare you to make a more intelligent counter suggestion.

Let me see if your brain cells can create anything other than negative opinions.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Kobojunkie: 6:13am On Dec 01, 2024
malali:
You are someone that will never see good in anyone's idea. You have a negative perspective of every thing suggested. You have NOT brought forward any counter positive suggestions. You thrive on just tearing down ideas you could never have come up with.
✓ Asides, being combat ready with what if,what about,what of.....I dare you to make a more intelligent counter suggestion. Let me see if your brain cells can create anything other than negative opinions
1. So, I am to blame for what seems a so well-thought out idea? 😩😩😩😩😩

2. Oh, now you want to turn this into a show of wits, abi? 😔😔😔😔
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by OlujobaSamuel: 6:14am On Dec 01, 2024
Subsidized flight tickethuh
Abeg stay wherever you are, if you can't afford a ticket, you have no business coming home
Some of Una just get ideas wey supposed perish as one, but you go dey find way to implement am.
Majority of our politicians seems to have better idea than most of Una wey dey condemn them.
Imagine Tinubu announcing flight subsidy with the current economic crisis
About 140m people in poverty, the fund to lift this people out of poverty, make we use am to subsidize the rich.
Your idea na paper dog, e no dey bite, let's leave it for the paper abeg
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Ahmed0336(m): 6:26am On Dec 01, 2024
malali:
You are someone that will never see good in anyone's idea. You have a negative perspective of every thing suggested. You have NOT brought forward any counter positive suggestions. You thrive on just tearing down ideas you could never have come up with.

Asides, being combat ready with what if,what about,what of.....I dare you to make a more intelligent counter suggestion.

Let me see if your brain cells can create anything other than negative opinions.
Awesome idea.
I agree with all that you've said..
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by SalamRushdie: 7:17am On Dec 01, 2024
So we removed fuel subsidy to only reintroduce aviation subsidy? You see why I say subsidy should never have been removed ?
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by helinues: 7:20am On Dec 01, 2024
OlujobaSamuel:
Subsidized flight tickethuh
Abeg stay wherever you are, if you can't afford a ticket, you have no business coming home
Some of Una just get ideas wey supposed perish as one, but you go dey find way to implement am.
Majority of our politicians seems to have better idea than most of Una wey dey condemn them.
Imagine Tinubu announcing flight subsidy with the current economic crisis
About 140m people in poverty, the fund to lift this people out of poverty, make we use am to subsidize the rich.
Your idea na paper dog, e no dey bite, let's leave it for the paper abeg
My own curiosity is , is FG also going to subsidized the money they will spend in Nigeria as there is hardship
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by Okoroawusa: 7:22am On Dec 01, 2024
Wow! Very insightful write-up. I have never looked at it from this angle. I will pass it to those I believe can do something about it. Thank you for putting on your patriotic thinking cap.
Re: Flying Home For December – How Subsidized Flights Can Boost Nigeria’s Economy by kedeojo(m): 9:04am On Dec 01, 2024
malali:
You have a poverty mentality.....lol
The government can give the travelers vouchers.
These vouchers can be redeemed in Nigerian businesses, hotels,restaurants, real estate any major purchase.
The owners of these businesses can use it as tax credits to pay the government for taxes.
Nobody is given physical cash.
Learn to think outside the box....its okay to be broke, but don't have a poverty mentality, because even if you see an opportunity you wont recognize it.
Fact, some talk before reasoning. Why do they think in abroad, Christmas season like this, they reduced a lot of price of goods. The more people buy because of cheap price, the more they make money too.
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