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Today: October 16, 2024
October 16, 2024
1 min read

Remove multiple charges in aviation sector, Air Peace CEO, Onyema, urges Nigerian govt

The Chief Executive Officer of Air Peace, Allen Onyema, has made a passionate plea to the federal government to eliminate the numerous charges imposed on players in the aviation sector.

Speaking on Tuesday to state house correspondents after a meeting with Vice-President Kashim Shettima at the Presidential Villa, Onyema expressed optimism that the present administration will listen to the stakeholders’ demands.

Onyema emphasized, “We want …to make sure all those numerous charges we face are removed.”

According to Onyema, the aviation sector has been a “turbulent arena” since the start of the COVID-19 outbreak. However, he commended Festus Keyamo, Minister of Aviation and Aerospace Development, for his efforts in repositioning the sector.

“Aviation all over the world has been a turbulent arena after the COVID-19 pandemic because of supply chain issues. This is not peculiar to Nigeria, but the Nigerian government is listening to us and making sure the ease of doing business in the sector is back,” Onyema stated.

Read Also: Nigeria’s businesses strained by $3.5bn annual tax pushing naira devaluation

Onyema’s meeting with Vice-President Shettima seemed to reinforce his confidence in the government’s willingness to support the aviation sector. “I have just had a session with the Vice-President, and everything he said is that the government is actually promoting the ease of doing business,” Onyema revealed.

The Air Peace CEO’s call to action is not isolated, as the aviation sector’s potential to contribute significantly to Nigeria’s economy is well-documented. The industry is estimated to support $600 million of GDP in Nigeria. However, challenges such as multiple charges and regulatory hurdles have hindered its growth.

Challenges Facing the Aviation Sector

– Multiple Charges: The numerous charges imposed on players in the sector increase operational costs and reduce competitiveness.

– Regulatory Hurdles: Complex regulatory requirements can discourage investment and hinder innovation.

– Supply Chain Issues: The COVID-19 pandemic has highlighted the need for resilient supply chains in the aviation sector.

The federal government’s commitment to promoting ease of doing business in the sector is a step in the right direction. The Nigeria Civil Aviation Authority (NCAA) has also demonstrated its willingness to simplify regulatory processes. By addressing the challenges facing the sector and providing a conducive business environment, Nigeria can unlock the full potential of its aviation industry.

The post Remove multiple charges in aviation sector, Air Peace CEO, Onyema, urges Nigerian govt appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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