Nigerian Airline Operators Threaten To Sue Government
Apr 1, 2022 ·
1m 7s
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Description
The Airline Operators of Nigeria have threatened to sue the Federal Government over continued multiple entries granted to foreign airlines. The body also declared that for any foreign airline or...
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The Airline Operators of Nigeria have threatened to sue the Federal Government over continued multiple entries granted to foreign airlines.
The body also declared that for any foreign airline or investor to invest in the new national carrier, it must deposit at least $200 billion with the Central Bank of Nigeria to be sure of its seriousness.
President of AON, Alhaji Yunusa Abdulmunaf says that the body has decided to challenge the government in a court of law of the current policy on multiple entries to airlines is not addressed.
The AON President lamented that billions of naira are being lost annually to multiple designations granted to the foreign carriers and warned that if the policy continued unabated the domestic airlines would die, while the foreign airlines would eventually take over the domestic market.
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The body also declared that for any foreign airline or investor to invest in the new national carrier, it must deposit at least $200 billion with the Central Bank of Nigeria to be sure of its seriousness.
President of AON, Alhaji Yunusa Abdulmunaf says that the body has decided to challenge the government in a court of law of the current policy on multiple entries to airlines is not addressed.
The AON President lamented that billions of naira are being lost annually to multiple designations granted to the foreign carriers and warned that if the policy continued unabated the domestic airlines would die, while the foreign airlines would eventually take over the domestic market.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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