Revealed: Local airline operators give reasons for hike in airfares

  • Airline operators in Nigeria have said inflation and high foreign exchange is the reason for the hike in airfares
  • The COO of United Nigeria Airlines, Obiora Okonkwo, said that high inflation is also one of the reasons for high airfares
  • He disclosed that many airlines have made concessions, but passengers still shun traveling by air

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

Domestic airlines have blamed the increasing airfares on foreign exchange volatility and surging inflation in Nigeria,