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Trapped funds emboldened foreign airlines to exploit Nigerian travellers — NANTA

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National Association of Nigeria Travel Agencies (NANTA) has said that the delay in the repatriation of the funds by foreign carriers emboldened them to exploit Nigerian air travellers but has insisted that foreign airlines do not sell tickets in dollars.

Just as the body has alleged that the high fares on airlines inventories are targeted at Nigerians describing it as unacceptable, exploitative and hostile to the down stream sector.

The NANTA president Mrs. Susan Akporiaye, made these known on Wednesday in Lagos during interaction with aviation journalists.

Akporiaye decried the exploitation of Nigerian travellers but also told the media that this was due to the delay in the repatriation of their funds.

She said the Central Bank of Nigeria (CBN)’s delay in granting airlines their funds was a violation of the Bilateral Air Service Agreement (BASA) arrangements, but insisted imposing high airfares on the Nigerian travelling by the airline was also unwarranted.

She added that despite the announced release of $265 million by the Central Bank of Nigeria (CBN) as part of the trapped funds, the airlines were yet to open their lower inventories, thereby leading to high fare rates by air travellers.

Akporiaye alleged that these high fares were targeted at only Nigerian travellers, stressing that this could not be seen anywhere else on the continent.

She added, “It is sad that Nigerians have to buy tickets to the tune of N4 million and be charged as high as N1 million to change travel dates even on tickets bought before this crisis began.

“This is unacceptable, exploitative and hostile to the survival of Nigerian aviation downstream sector and to which we call for sanity and return to the best inventory practices and deployment.”

She further lauded the government for the release order of some of the funds, but decried that most of them were yet to be paid their funds by the CBN.

Akporiaye also appealed to the government as a matter of urgency to open further windows of engagement by calling for a meeting with all parties involved, which should include the Nigerian Civil Aviation Authority (NCAA) and NANTA.

She raised the alarm that the businesses of her members were on the verge of collapse as a result of the sordid situation, adding that some of them may be forced out of business in coming months.

However, she denied the claim by Sirika that some of the operators were selling air tickets in dollars.

She declared that none of the operators was selling in any foreign currencies, but said their tickets were extremely high.

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Aviation

Aviation sector to benefit from RIDF

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Aviation is set to be part of key economic drivers that will benefit from President Bola Tinubu’s proposed Renewed Hope Infrastructure Development Fund (RIDF).

In a statement by Ajuri Ngelale, the fund targets strategic sectors like agriculture, transportation, ports,  energy, healthcare, and education along with aviation.

The initiative plans to inject funds into vital national projects to foster growth, bolster local value addition, generate jobs, and spur innovation.

Efficient use of low-interest loans and financing options will secure advantageous arrangements for project financing and operation.

The focus on aviation enhancement involves modernising major airports nationwide with targeted investments and infrastructure upgrades.

The statement reads, “On aviation enhancement, the focus is on the revitalization and modernization of major airports nationwide. Through targeted investments and infrastructure upgrades, major airports will undergo comprehensive refurbishment, including improvement in terminal facilities, runway expansions, and the implementation of cutting-edge technologies to enhance safety and operational efficiency.”

For agricultural infrastructure, the focus includes developing robust networks like storage facilities and irrigation systems.

In port revitalisation, the goal is to modernise facilities and attract investments to enhance Nigeria’s regional trade hub status.

“By modernizing port facilities and implementing advanced monitoring systems, the goal is to optimize efficiency, attract investments, and bolster Nigeria’s position as a regional trade hub,” the statement read.

Key road projects like Lagos-Calabar Coastal Road aim to enhance connectivity and stimulate economic growth.

Rail projects like Lagos-Kano and Eastern lines will modernise transportation networks for speed and reliability.

President Tinubu’s approval of the RHIDF absorbs the PIDF, expediting project delivery for Nigerians’ benefit.

Projects funded under the RHIDF will have a national spread, reflecting the commitment to equitable development.

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Aviation

ICAO Aviation security audit team debriefs Nigeria, indicates strong outing

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The Team Lead of ICAO Security Audit Programme, Callum Vine, announced Nigeria’s strong performance during a debrief after its Audit.

Nigeria recently concluded the International Civil Aviation Organization (ICAO) Security Audit Programme the continuous Monitoring Approach (USAP-CMA) according to a statement emanating from Director, Public Affairs and Consumer Protection, FAAN, Obiageli Orah.

The USAP-CMA aims to improve aviation security compliance by analysing Member States’ performance and implementation of security standards. It focuses on Annex 17: Security Standards and Annex 9: facilitation compliance, along with associated procedures and security practices.

The event held at NCAA Headquarters saw Vine praise Nigeria’s robust policies and agencies, acknowledging their speed in addressing identified deficiencies without complaints.

He mentioned that the full audit report would be available within 60 days, followed by a 30-day period for comments.

FAAN’s Managing Director, Mrs. Olubunmi Kuku, affirmed using the audit results as a roadmap for continuous improvement.

She urged stakeholders to collaborate closely, share best practices, and uphold the highest security standards in the industry.

The debrief was attended by Dr. Emmanuel Meribole, representing the Minister, and Captain Chris Najomo, Acting Director General of NCAA.

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Aviation

Arik Air receives Best Sustainable Airline Company award

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Arik Air has bagged the award for  Best Sustainable Airline of the Year,  2024 by the World Quality Alliance and Quality Standards Journal.

The airline’s Public Relations and Communications Manager, Mr Adebanji Ola, disclosed this in a statement made available to newsmen in Lagos.

Ola said the award was presented to the airline at the National Quality Summit 2024 held on March 22 in Abuja.

According to Ola, the Award General Committee of the National Quality Order of Merit, said the award was meant to celebrate leadership innovations and creativity in quality management.

Ola noted that Dr Ovie Shaka, Vice Chairman, Organising Committee of the National Quality Order of Merit Awards 2024, explained that the award was aimed at identifying, recognising and rewarding companies.

“The award also aims at rewarding personalities and products that apply quality assurance culture and quality management best practices.”

He said the award was presented by Stanley Ohenhen, on behalf of the Organising Committee and received by Arik Air’s Director of Safety, Capt. Jide Bakare.

Ola quoted Arik Air’s Chief Executive Officer, Capt. Roy Ilegbodu, as saying that the award is another testament of the airline’s fastidious adherence to operational safety standards.

Ilegbodu said Arik Air was committed to continual improvement of the management system and operational performance.

Recall that Arik Air also won the 2023  Best In-flight Service Airline by the Nigerian Aviation (NIGAV) Award.

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