Captain Muda Nuhu, the Director-General of the Nigerian Civil Aviation Authority, warned on Thursday that airline operators cannot operate securely with a 50 thousand naira foundation for airfares.
He made the remarks during a discussion with Ahmed Wase, the Deputy Speaker of the House of Representatives, about the scarcity and high cost of aviation fuel, which has resulted in an increase in plane fares.
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Meanwhile, airline operators have stated that the present price of aviation fuel will not allow them to survive the next 72 hours, as they have been subsidizing the cost of aviation fuel.
Allen Onyema, CEO of Air Peace, maintained that airlines are making too many sacrifices to keep the aviation industry alive.