News
Yuletide: South-East, S’South airfares jump to N287,800
A few domestic airlines have increased airfares to the South-South and South-East regions of Nigeria by over 100 per cent, as some one-way tickets from December 18, 2024, sell for about N287,000.
Usually during the yuletide rush, airfares are mostly raised due to the high demand for tickets. But this season, passengers say prices of air tickets are out of reach following various economic challenges.
Checks by The PUNCH on different airlines’ websites showed that airfares, particularly to the South-South and South-East regions have increased by over 100 per cent compared to what the prices were before the yuletide.
A flight search on the booking platform of Air Peace showed that a one-way economy ticket from Lagos to Asaba in Delta State, moved from N97,400 as of December 5, to N287,800 by December 18. The airline plans to maintain this price till the end of the year.
The airfare from Abuja to Asaba on Air Peace moved from N95,400 on December 5, to N285,800 by December 16.
Lagos to Benin in Edo State stayed at N95,000 throughout the yuletide, while Abuja to Benin moved from N95,000 to N285,800 by December 16.
The airline plans to sell the Lagos-Calabar ticket for N162,000 by December 15 and raise the same to N181,000 by December 22. Abuja to the same state cost N114,400 by December 6 but will be sold for N162,000 by December 23.
Flying to Uyo from Lagos on Air Peace was about N145,000 on December 8, but will be increased to N202,100 by the 15th of the same month. From Abuja to the same state cost N162,000 on December 8, but will sell for N238,000 by December 22.
Flight tickets from Lagos to Port Harcourt or Abuja to Port Harcourt cost N95,400 as of December 5 but increased to N285,800 from December 19.
On the South-East routes, air tickets for Lagos – Anambra on Air Peace was N114,400 as of December 6. This increased to N381,100 by December 17. Air Peace also scheduled Abuja – Anambra for N95,000 as of December 5 but raised it to N285,800 by December 23.
For Enugu, a flight ticket to the state from Lagos was sold for N95,000 as of December 5 but increased to N285,800 from December 19. Although the price increased to N381,100 on the 20th, it was returned to N285,800 from 21st to 29th December.
The same amount applied to inbound Enugu flights from Abuja as of the 5th but according to the airline’s website, the fare will rise to N285,800 between the 21st – 29th of the same month.
Going to Owerri, the Imo state capital, from Lagos, started at N95,400 on the 5th of December but will increase to N381,000 by the 29th of December. Abuja to Owerri also started at N95,000 but turned to N285,000 from the 17th to the 30th of the month.
Whereas, for Ibom Air, a one-way economy ticket from Lagos to Uyo between the 16th and 17th of December will cost N152,700.
A one-way economy ticket from Lagos to Port Harcourt on Valuejet between the 18th, 19th, and 20th of December will also be sold for N164,761.
However, while airlines are increasing their fares, the Managing Director of Nigeria’s oldest aviation company, Aero Contractors, Ado Sanus, announced the slashing of its fares to an average of N80,000 for local flights recently.
According to Sanusi, at a press conference, the reduction was the company’s way of appreciating Nigeria’s flying passengers during the country’s challenging time, which also coincided with the yuletide.
The airline said the reduction will be applied to all its destinations, including Abuja, Asaba, Benin City, Calabar, Kaduna, Kano, Enugu, Lagos, Owerri, Port Harcourt, Uyo and Sokoto.
The Aero Contractors MD added that despite the ticket fare reduction to an average of N80,000, the airline will still make a moderate profit.
Passengers kick
Speaking with our correspondent in a random interview, a mother of four, Mrs Nkechi Joshua, said she had decided to stay back in Lagos.
“Just imagine that I bought N280,000 tickets each for my four children and myself just to travel to Owerri, where do I get the funds to cook chicken on Christmas and New Year days? This increase is unimaginable. Don’t they have regulators?
“I can’t afford this and I can’t travel on Nigerian roads with my children to such a far destination, I can’t pay ransom to a kidnapper, I have decided to celebrate in Lagos, heaven will not fall. Thank God my children are now grown-ups but I know they will be unhappy about it because we travel every year, but I will rather explain than be wrecked.”
Also, Mr Chukwuma Obiagazie, expressed his frustration, calling on the Federal Government to intervene in the matter to curb what he called a “cold and unattractive Christmas and New Year celebrations for Nigerians.”
Road transporters speak
Ahead of the Christmas and New Year Holidays, transporters making trips from Lagos and Abuja to the South-East have said that fare prices may increase, depending on fluctuating fuel costs in the course of the holidays.
Checks by our correspondent showed that across the various parks, the average fare price from Abuja to Abakaliki was between N9,000 and N11,000; Abuja to Aba and Onitsha N25,000; Abuja to Enugu between N12,000 and N15000; while Abuja to Owerri cost about N12000.
However, prices slightly varied at Utako park where the fare from Abuja to Enugu cost N13,500, Abuja to Onitsha, N25,000, and Abuja to Owerri, N12,000.
A couple of drivers at the Utako park said prices may go up depending on fuel prices, adding that patronage was stable as passengers sought to travel home for the holidays
“I drive from Abuja to Anambra. Towards let me say the next two weeks, the price may increase. We don’t yet know by how much, but if the fuel increases, the price will be high. And it can be around N10,000 up. Passengers will come very well, this is December and people will travel to their villages”, Zion Akpan said.
Another driver, Ele Akpan, who drives a night bus, stated that prices depended on whether the passengers would enjoy air conditioning during their trip or not. He noted that about 20 buses had already left the park in the day, adding that there was a healthy patronage.
“If it’s with AC to Onitsha, N28,500; without AC, N25,500. At least we treat our passengers well. The price hasn’t increased. At least fuel prices are still stable. We have passengers. As you can see, the park is empty”, he said.
A passenger travelling to Ughelli in Anambra state, said the prices were fare, noting that he preferred to travel early on in the month, before the Christmas rush.
“I prefer to travel early. If I wait until Christmas time, apart from the rush, prices would have gone up. And there seems to be a spirit of fuel scarcity around that time. So it’s better for me to travel home at this time”, Emmanuel Udo, said.
Sharing the same sentiment, another passenger, MaryJane Edet, commended the transporters for keeping the price steady, noting that prices could have tripple with ghe current situation in the country.
“I’m surprised they are still just charging N25,000 for Onitsha. Considering the way things have been this year, I prepared to negotiate from N35,000. But it’s good it is this way. I’m only worried about the return trip in January”, she said.
At the Zuba park, a passengers Chidoka Henry, said he would have cancelled the trip if the prices were higher, while hoping to take advantage of slashed fare prices for his return trip.
“If they were more expensive, I probably would have just stayed in Abuja for the holdiays. I hope the President gives another travel discount, because I can’t imagine what the price would be by January”.
For transport company Peace Mass Transit, checks on the website showed that a trip to Aba ranged anywhere between N19,000 and 25,000 depending on what park one boarded from. Similarly, a trip from Abuja to Awka in Anambra State ranged between N17,000 and N22,000 also depending on what park a passenger boarded.
For instance, while a trip to Aba from the Zuba park cost N20,500, the same trip would cost N19,000 from the Kubwa park and N25,000 from the Utako and Mararaba Parks.
A staff of the transport company, who declined to be named in this report, stated that the prices may increase to as much as N28,000 to Aba as the holidays drew closer.
“This is still early December, so the prices are low. When we get to mid-December and into the holiday season, the prices will definitely increase. But again, there is the issue of whether or not fuel price will increase or become scarce during that time”, he said.
He however declined comments when asked whether the company would partake in a possible price fair slash directive from the President.
Credit: PUNCH
News
Crashed helicopter flying NNPC officials violated regulations – FG
Barely two months after a Sikorsky SK76 helicopter operated by East Aviation crashed in Port Harcourt, the Nigerian Safety Investigation Bureau has disclosed that its handlers violated several of the Nigeria Civil Aviation Regulations directives.
Although the bureau was silent on whether or not the vices led to the unfortunate incident, the act shows gaps in the regulatory duties of the NCAR.
The helicopter, which was contracted by the Nigerian National Petroleum Company Limited, plunged into the Atlantic Ocean near Bonny Finima, off the coast of Calabar on October 24, with six passengers and two crew members.
Five bodies of the eight victims have been recovered while the remaining three are still yet to be found.
While reeling out the preliminary findings of the bureau on the accident, The Director-General of NSIB, Alex Badeh, on Tuesday told journalists in Abuja that the crashed helicopter was not fitted with a Flight Data Recorder, a violation of the Part 7.8.2.2(q) of Nigeria Civil Aviation Regulations (Nig. CARs) Act 2023
Badeh added that the helicopter crew members used non-standard phraseology throughout the flight.
The preliminary findings of the bureau read partly, “The helicopter was fitted with a solid-state cockpit voice recorder; The helicopter was not fitted with a Flight Data Recorder; although Part 7.8.2.2(q) of Nigeria Civil Aviation Regulations (Nig. CARs) 2023 requires that FDR shall be fitted on the helicopter; The flight crew used non-standard phraseology throughout the flight.”
The report further reads; “There were no standard callouts for the various phases of the flight; The helicopter Radio Altimeter (Rad alt) was snagged and deferred on October 18, 2024, six days before the accident; No dew point data was reported in the weather information passed to 5N-BQG on the day of the occurrence.”
While speaking on the causes of the crash, Badeh explained that the investigators discovered that it appeared to be “Struggling to gain balance right before crashing into the ocean.”
He further noted that the crew’s struggle was followed by an aural warning from the aircraft, “Bank angle, Bank angle,” which was the last recorded data on the Cockpit Voice Recorder with smoke emanating from the engine before it ditched into the water.
Other reports released by the NSIB include a final report on the serious accidents involving Beech Baron 58 aircraft operated by Nigerian College of Aviation Technology, Zaria with nationality and registration marks 5N-CAG, which occurred on runway 5 at General Hassan Usman Katsina International Airport, Kaduna on December 31, 2022 and five other incidents.
The NSIB, however, charged the NCAA to ensure strict compliance with the Nigerian Civil Aviation Regulations (Nig. CARs) 2023 part 7.8.2.2(q) which requires that all helicopters with a maximum take-off mass over 3175 kg and up to 7000 kg be fitted with a Flight Data Recorder.
News
Kaduna returns Abacha family property seized by El-Rufai
Kaduna State Governor, Senator Uba Sani, has reinstated ownership of two properties previously revoked from the family of the late military dictator, Gen. Sani Abacha, during the administration of his predecessor, Nasir El-Rufai.
The properties, located at No. 9 Abakpa GRA and No. 1 Degel Road, Ungwan Rimi GRA, in Kaduna, had been seized in 2022 following allegations of breaches of occupancy terms under the Land Use Act.
Speaking on Tuesday, Abacha family lawyer, Reuben Atabo (SAN), confirmed the reinstatement, describing it as a significant development.
The revocation, which was widely publicised in newspapers on April 28, 2022, included the late Abacha’s name as item 34 among those affected.
Atabo said the move had caused “embarrassment” to the Abacha family, prompting legal action against the state government.
Governor Sani, however, reversed the revocation in two separate letters dated December 10, 2024, through the Kaduna Geographic Information Service.
Both letters, signed by Mustapha Haruna on behalf of the Director General of KADGIS, directed the family to settle outstanding fees and charges as a condition for reinstatement.
One of the letters reads: “His Excellency, the Governor of Kaduna State, has in the powers conferred on him under the Land Use Act 1978, reinstated the aforementioned title… Subject to strict condition of settling all outstanding fees and charges.”
The Abacha family, through Atabo, welcomed the decision, describing it as a gesture of fairness and justice.
The reinstatement marks a shift from El-Rufai’s administration, which had cited “various contraventions” as the basis for revoking the properties.
News
CAC deregistered 300,000 dormant companies in one year
The Corporate Affairs Commission (CAC) has deregistered over 300,000 dormant companies within a year to sanitise the nation’s corporate registration system.
The Registrar General, Hussaini Ishaq Magaji (SAN), announced this in an exclusive interview with The Nation in Abuja.
Magaji said: “From October 16, 2023, when I assumed office, to date, we have witnessed an extraordinary level of deregistration. In December 2023 alone, we deregistered over 100,000 companies. By February 2024, another 100,000 companies were removed, and recently, we deregistered an additional 100,000.”
The CAC boss explained that the deregistered entities had remained inactive, failing to file annual returns for over a decade.
According to him, some of the companies posed risks to the economy, as they could be used for fraudulent activities.
He said: “Our challenge is that we are not even deregistering in millions. This is because, as I earlier told you, business registration in Nigeria started since sometime around 1912. And what we have in our portal is from 2021. So, you can see the barrier.
“All the historical records from that year to this year are not on the portal. We are onboarding them gradually. When we complete our task, we will then have the total number of the dormant companies and they will go.
“Our system is integrated with critical agencies, such as the Federal Inland Revenue Service (FIRS), security agencies, embassies, and banks. Once a company is marked as inactive on our portal, it cannot access banking services, process embassy documents, or engage in other operations,” he said.
Magaji explained the legal framework supporting these actions, saying: “If a company remains dormant for over 10 years, we are empowered to deregister it. Additionally, even if a company has been inactive for two years without filing annual returns, I can deregister it under the law.”
The registrar general attributed the success of CAC’s measures to the political will of the Federal Government.
He added: “We have been given a free hand by Mr. President and the supervising minister to carry out our duties without interference. This has enabled us to act boldly and decisively.”
Magaji dismissed the claims that a significant number of companies were folding up due to insolvency or economic challenges.
The CAC boss described such assertions as exaggerated.
He added: “While some businesses apply for voluntary winding up, the numbers of such companies are negligible. Many of these cases arise from changes in business focus rather than economic difficulties. For instance, a company like Nokia transitioned from producing phones to manufacturing vehicle tyres.”
Magaji noted that technological advancements and shifts in business strategies were driving many companies to restructure rather than exit the market.
He said CAC hosts Nigeria’s Beneficial Ownership Register, a platform providing free access to information about companies and their significant controllers.
“Nigeria is one of the global leaders in implementing the beneficial ownership register. We are hosting the register at bor.cac.gov.ng. This transparency ensures that even individuals with indirect control of a company must disclose their interest within 30 days,” he said.
-
Metro21 hours ago
Police barred From Arbitrary Arrests, Detention Of Youths, Collection, Checking Of Phones
-
News19 hours ago
N141bn Agreements: Reps to Probe Non-Delivery of Tractors, Harvesters
-
News20 hours ago
CJN: Lack of conferencing cause of conflicting Court verdicts
-
Entertainment21 hours ago
Singer Portable cries like a baby during prayer session
-
News21 hours ago
Noise pollution:Govt Seals The Lord’s Chosen, Celestial Churches, Hotel, Restaurants
-
News21 hours ago
Drama At Nigerian Code Of Conduct Tribunal As Two Chairman Lay Claim To Office
-
News15 hours ago
FG endorses N30 billion for 30 Fed Universities of Agric to begin mechanized farming
-
News20 hours ago
Former Ughelli/Udu Federal HoR Aspirant, Akpodiete Enrolled Over 120 Beneficiaries Into Health Insurance Scheme