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He said that government came up with a policy, which banned aircraft that are 22 years from being brought into

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He said that government came up with a policy, which banned aircraft that are 22 years from being brought into the country for schedule service, but the reality is that at 22, most aircraft are still at their peak of operation with effective maintenance. “Following lots of crashes in the past, government came up with a policy that says aircraft that is 22 years is banned in Nigeria as commercial airplane. To me, let’s evaluate 22-year old aircraft ban. If you ask me, it doesn’t make sense. There are extremely few countries in the world that restrict aircraft in terms of age. We focus on maintenance culture. Proper aircraft maintenance is not reactive but proactive. That is what you do on airplanes. So, you don’t wait for things to spoil before you change and stuff like that. There is a lot of checks done over time, every week, every month, per hour, per cycle, depending on the maintenance manual approved,” Olateruwho is aircraft engineer said. He said that it would be difficult for an investor who wish to establish an airline in Nigeria to succeed because he is limited by aircraft age; so, he cannot acquire certain aircraft, including some technologically advanced Boeing NG aircraft because some of them were manufactured in 1999 and over 22 years. According to him, “The cheapest Boeing 737 NG aircraft you can get today is between $15 million and above. We are a developing nation. Loans are not available for the operators. Everything is, do it yourself (DIY). You want to buy a brand-new aircraft, right? The US Exim and all the Exim banks in the world will be happy to fund the operations up to 85 percent, you bring 15 per cent. So, you bring your 15 percent, they are happy to fund 85 percent. The next question is, give us a bank guarantee for $85 million. Go to our banks in Nigeria today, request for a bank guarantee for $85 million, they will ask you to put $85 million cash in the bank before they can give you the guarantee.”
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Domestic Air Travellers Lament over Prohibitive Cost of Flight Ticket

Air travellers to domestic destinations are lamenting that the cost of flight ticket has risen astronomically, especially to Eastern destinations, as one-way ticket now cost about N350, 000 and return ticket costing about N700,
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