N490/N495 (updated 13.1.17:close)
buying/selling naira exchange rates per USD
Thursday, 12 January 2017

Member representing Bayelsa East at the National Assembly, Senator Ben Murray-Bruce, has called the attention of his colleagues to a purported plane crash which he claims would claim lots of lives.

Murray-Bruce, speaking at a Senate plenary session today Thursday, January 12, explained:
"The airport is nothing but a mall and can be self-financed by private sectors better. The Government does not need money to borrow to maintain or build airports.

"Airlines can be profitable if government will stop interfering in the way they are run.

"We are taxing the airlines to death, taxes should not be more than 5 or 10 percentage like in other countries but we charge about 40%.

"Tax Agencies in Nigeria are concerned about generating revenue which this is counterproductive to the airline.”

"You cannot regulate the prices of tickets, this way you guarantee they don’t make profits therefore their services will be reduced.

"No airline will delay you for eight hours unless they do not have finances to buy fuel, pay pilots and other services.

"This motion is serious because an accident is about to happen, a plane will crash people will die. I urge my colleagues to take this motion seriously find a way to work with the airlines not to kill them and find a way to make this motion productive and make it possible for them to be successful so we can live."
 
Share on Google Plus
How to stay updated: Install 'Somtoo Okoye blog' app (Direct Download) (Google Play) | Follow on Facebook & Twitter

You need to read this:

 
I will send you updates every morning:
Top