• Contact Us
  • About Us
Thursday, September 11, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Nigerian airline operators ask FG to review bilateral agreements

metro by metro
July 19, 2019
in Economy
0
0
SHARES
0
VIEWS

FAANAirline operators and other stakeholders in the Nigerian aviation sector have called on the federal government to review the bilateral air service agreements (BASA) it signed with foreign countries so as to support domestic airlines in Nigeria.

They asked the federal government to check the 100 per cent dominance of the Nigerian airspace by foreign airlines which prevent Nigerian airlines to alternate their own routes.

Read Also

FG Publishes New Tax Reform Laws, NRSEA, JRBEA Implementation From June, ’25, NTA, NTAA For Jan, ’26

N149.39tn Debt: Reps Speaker, Abbas, Recants, Says Tinunu Committed To Responsible Borrowing

Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold

The stakeholders said this at the 23rd Annual Conference and Award ceremony organised on Wednesday in Lagos by the League of Airports and Aviation Correspondents (LAAC).

Business Day reports that the president of the aviation roundtable and safety initiative, Gabriel Olowo, said Nigeria needs a stable legal framework to grow the industry.

The conference which was chaired by the MD/CEO of Med-View Airline, Muneer Bankole, had the theme “Boosting Aviation Investment through Policy”.

Mr Olowo, who decried the multiple entry points granted the foreign airlines, was quoted as saying “it is disastrous and deliberate annihilation of the domestic market.”

He described a situation where some airlines fly to multiple airports in Nigeria without any Nigeria airline reciprocating as “a negative balance of trade.”

“The essence of regulation is not only about safety. We have failed with economic regulations. This is a major weakness,” he was quoted as saying.

The President of African Airlines Association, Nick Fadugba, also said a situation where 90 per cent of the Nigerian market is controlled by non-Nigerian airline “is damaging to the economy.”

According to him, “Nigeria needs to urgently review its BASA policy. An air route is like an oil block. You don’t just give it out without something in return.”

The Chairman and CEO of Air Peace, Allen Onyema, who was also at the event, said the government has no option but to support the Nigerian airlines to thrive and consequently protect jobs of many Nigerians in their employ.

Tags: BASANigerian airline
Previous Post

Fidelity Bank eyes up to 50b naira debt sale before Q2

Next Post

BREAKING: Lagos Airport stowaway suspect a Nigerien, says FAAN MD

Related Posts

Report Alleges Shortcomings Of Proposed Tax Reform Bills
Economy

FG Publishes New Tax Reform Laws, NRSEA, JRBEA Implementation From June, ’25, NTA, NTAA For Jan, ’26

September 11, 2025
Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold
Economy

N149.39tn Debt: Reps Speaker, Abbas, Recants, Says Tinunu Committed To Responsible Borrowing

September 9, 2025
Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold
Economy

Reps Speaker Raises Concerns Over Rising Nigeria’s Debt Profile, Says Now Above Costitutiomal Threshold

September 8, 2025
Nigeria’s Banking Recapitalization: A ‘Too Big To Fail’ Scenario In The Making?”
Economy

Why Nigerians Are Not Feeling Impact Of FG, CBN Reform Policies — Analyst

September 4, 2025
Next Post

BREAKING: Lagos Airport stowaway suspect a Nigerien, says FAAN MD

Disquiet As Nigeria’s Naval Chief Disputes NNPCL, Petroleum Ministry’s Oil Theft Figures

Ex- NNPCL GMD, Kyari Leaves EFCC HQs After Questioning

September 11, 2025
NATO Scrambles Jets To Shoot Down Russian Drones In Poland, Raising Fears Of War Spillover 

NATO Scrambles Jets To Shoot Down Russian Drones In Poland, Raising Fears Of War Spillover 

September 11, 2025
Report Alleges Shortcomings Of Proposed Tax Reform Bills

FG Publishes New Tax Reform Laws, NRSEA, JRBEA Implementation From June, ’25, NTA, NTAA For Jan, ’26

September 11, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version