No Nigerian airline made $1m profit, Onyema declares
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Air Peace chairman Allen Onyema says no Nigerian airline has ever cleared $1 million in annual profit. He pins the losses on heavy taxation and the steep cost of keeping aircraft in the air. His claim paints a bleak picture of a sector that many outsiders assume is doing well.
Air Peace Chairman Allen Onyema reveals that no Nigerian airline has made a $1m annual profit due to high taxes and operating costs. Read more. Read More: https://punchng.com/no-nigerian-airline-made-1m-profit-onyema-declares/
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