Business
Airlines Crash Ticket Prices Ahead Dana Resumption
Airlines operating at the Port Harcourt International Airport, Omagwa, are beginning to adjust prices of their flight tickets, just as Dana Airline sets to resume flight operations at the airport.
Some of the airlines, such as Airpeace, Arik, and Max airlines, have started adjusting their flight tickets downward for both the Lagos and Abuja routes.
The Tide gathered on Friday that the flight ticket for the economy class for Abuja and Lagos that was jacked up from N50,000 and N60,000 by these other airlines, to N100,000 and N120,000, is now coming down to N70,000 and N65,000.
One of the travel agents, otherwise known as flight ticketers, Mr Kingsley Otamiri, in a chat with The Tide applauded the efforts of Dana Airline in ensuring that they resume flights operations at Port Harcourt Airport.
“I can authoritatively tell you that Dana Airline and the Aero Contractors are the two airlines helping this airport in terms of lower ticket prices, otherwise these other airlines are ready to raise the price high.
“Just as they know what Dana can do, and with the numerous packages they have come up with for their resumption, which is attracting customers, that is why you see them lowering their prices”, he said.
The Tide also observed that the flight ticket prices tremendously increased at the Port Harcourt Airport after the Dana operational license was suspended by the regulatory agency, the Nigerian Civil Aviation Authority (NCAA), few months ago.
Meanwhile, the Port Harcourt station Manager of Dana Airline, Francis Ofangba, in a brief chat with The Tide assured that his outfit, coming back on stream, will force prices down, noting that Dana Airline understands the plights of the people, and would not make things difficult for air passengers.
“They know us, and now that we are coming back to resume flight operations, you will see that flight ticket prices will come down. I can assure you of that”, he said.
Dana Airline resumed flight operations at other routes on the 9th of November, after it resolved matters with the NCAA, but operations at the Port Harcourt Airport is to commence today.
By: Corlins Walter
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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