The British government have issued a stern warning to Nigeria that it
would take retaliatory steps against its airlines, if the federal
government bans UK based carriers over fare disparity.
Over the weekend, Nigeria’s Aviation Minister, Princess Stella Oduah,
gave all foreign airlines a 30-day ultimatum to adjust its fares to
reflect equity with their prevailing fares on the West Coast or face ban
from operating in the country.
Reacting to the ultimatum,
Britain said banning private airlines from operating in Nigeria would
amount to a “heavy-handed action that would be catastrophic.”
According to a British High Commission spokesman;
“If the ban would cause potential foreign investors to question whether
they want to put their money in Nigeria and have a long-term and
damaging effect on Nigeria’s growth.
The Prime Minister and
President Goodluck Jonathan signed a joint communique last year pledging
to double bilateral trade. Action against BA and Virgin would damage
that strategic aim.”
Reacting to the statement, Princess Oduah said;
“We are seriously concerned and worried by the reluctance to restore
parity within the region by the foreign airlines. They have been using
all kinds of delay tactics; this is unacceptable and will no longer be
tolerated. We will resolve this issue once and for all.”
This
is a simple case of demand and supply. If demand keeps increasing,
prices will continue to go up. Let Nigerians boycott the airlines and
fly the indigenous airlines and they will lower their prices to be
competitive.
It is not a good business practice to coerce a service provider to charge a particular price for their services.
VANGUARD
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