He explained that if they were to continue flying, an average Nigerian will spend N120,000 for an economy ticket.
Nigerian Airline operators are demanding operational licenses from the federal government to begin importation of fuel into the country following the recent fuel debacle and scarcity across the country.
“I have the mandate of all airlines to demand that Airlines begin importation of fuel, if we can buy planes of millions of dollars, we can also import fuel ourselves. Let NNPC give Airlines licenses, we want to import ourselves.”
NNPC CEO, Mele Kyari and other stakeholders were at the meeting.
On his part, Mr. Kyari said that at the moment there were 19 oil companies with 88 million litres of aviation fuel in the country.
In their presentation, the oil markers said high dollar rate was responsible for the high cost of the fuel.
The Deputy Speaker of the House, Ahmed Idris Wase, who chaired the committee, asked of how much they purchased the dollar and which banks, the representatives of the marketers could not give an answer.
He therefore warned them against blackmailing the government.