5.“Once upon a time, Lagos to London was ₦390, and Kano to London was ₦343. Thanks to Nigeria Airways’ subsidies and a strong Naira, air travel was affordable. Fast forward to today, and you’re looking at nearly ₦1M for the same trip. #GoodOldDays”
1.“In 1978, a return flight from Kano to London on Nigeria Airways cost ₦343. With the exchange rate at $1 = ₦0.62, that was just $553. Today, at ₦1,500/$1, that same fare would be ₦829,500. Subsidies made travel affordable back then. Not anymore. #AviationHistory”
4.“Kano to Amsterdam, 1978: ₦343. That was just $553 at the old rate of $1 = ₦0.62. Today? ₦829,500 at the official rate and ₦869,210 on the black market. Cheap flights died with Nigeria Airways’ subsidies. #AviationEconomics”
A video summary of the stakeholders’ engagement on the Fly Nigeria Bill and Related Matters at the Transcorp Hilton Hotel, Abuja, on Friday, 13th December 2024.