BusinessAviationReps Candidate Lists Dangers Of Airlines' Boycott Of Nigeria, Urges FG To...

Reps Candidate Lists Dangers Of Airlines’ Boycott Of Nigeria, Urges FG To Intervene

spot_img

By Ayodele Oni

Access Bank Advert

Candidate of the People’s Democratic Party (PDP) for Ondo East/West federal constituency in the 2023 elections, Dr Felix Kehinde has called on the Federal Government to resolve the ongoing crisis in the aviation sector, that is forcing some airlines to dump Nigeria.

He said in Akure, Ondo state that if something urgent is not done to encourage the airlines, the economic impact of their action will be severe.

UBA

Dr Kehinde  urged the national assembly to speed up its intervention, saying the plan by foreign airlines to blacklist the country should the Federal Government fail to remit their over $600 million trapped in the Central Bank of Nigeria, will negatively affect the economy and put the country in bad light.

READ ALSO:  Ondo: Amotekun Returns House To Landlady Ejected For Six Months By Suspected Herders

“Unfortunately Emirates airlines has said it is stopping operations into Nigeria effective September 1st, 2022 to protest its accrued revenue amounting to $85m stuck in the country.

“This is getting out of hand as no part of the economic policy seems to be working for Nigerians”

The UK-based physician and PDP House of Representatives candidate, advised the national assembly to treat with utmost commitment the matter between foreign airlines and Central Bank of Nigeria (CBN) to ameliorate the sufferings of Nigerians who are traveling for business, study and vacation, among others.

He said government must consider the long and short term implications of its policies to avoid this type of crisis in the critical sectors.

READ ALSO:  Security, Infrastructure, Health, Education Get Higher Allocations In 2025 FG Budget Proposal

“This is a serious concern, but not entirely shocking. This is a result of continuous mismanagement of the Nigerian economy over the last seven years.

“The Federal Government must know this action will damage investors’ confidence and further send a signal that Nigeria is not open for business. We must resolve this before it gets out of hand.

“There are multiple reports that the crises caused by the blocked funds is forcing Nigerians to pay thrice for international flights compared to other countries to same destinations.”

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading