The challenges currently facing the Aviation Sector is just a reflection of the current challenges facing the Nigerian Economy.
Aviation Expert Tayo Ojuri, disclosed this while speaking on the Tvc News Programme, Business Nigeria with Tolulope Ogunjobi on Tuesday Afternoon.
He added that the Aviation Sector is not an Island and does not exist separately from the Nigerian Economy and so is not immune to the challenges faced by the Nigerian Economy.
He disclosed that Forex scarcity and Other challenges facing the Nigerian Economy is a major challenge that the Aviation Sector has to deal with since it also has a blowback effect on pricing making it more expensive for operators to break even without raising fares and at times cancelling flights that are not profitable.
He added that the Aviation Sector being a catalyst for Economic Development needs all the help it can get from Government through the creation of an enabling environment to make operations easier.
He disclosed that the offer by the Federal Government to the Airlines operating in the Country for a Refinery for Jet A1 though good is not something that will work adding that Airlines are still grappling with the challenges of running an Airline and will be difficult to put running a refinery for Jet A1 Fuel.
He added that even in developed countries like the United States of America, the idea of Airlines running a Jet A1 refinery did not work.
On the lingering crisis stopping the take off of the Nigerian Air which is still being challenged in Court by some stakeholders in the Nigerian Aviation Sector, he described the model as a very good one but disclosed that Transparency and Stakeholder awareness on the issue is a major challenge that the Federal Government must deal with.
He disclosed that the time for the take off is now very tight with Just about 5 Months of the Current administration left and being the administration that is championing it may be stalled.