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FG Moves to Check Discrimination against Nigerian Passengers by Foreign Airlines



Foreign Airlines
  • FG Moves to Check Discrimination against Nigerian Passengers by Foreign Airlines

The federal government has said that henceforth it would adopt a reciprocity policy to deal with foreign airlines and countries that discriminate against Nigerian passengers and airlines.

This was in reaction to numerous complaints from Nigerian passengers who were short-changed or discriminated against by foreign airlines and Nigerian carriers who are denied landing rights or over charged by airport management in mostly West and Central African destinations.

Spokesman of the Nigerian Civil Aviation Authority (NCAA), Sam Adurogboye said that government has decided to adopt the principle of reciprocity, to treat foreign airlines the same way they treat Nigerian passengers and also to deny airlines that refused to give Nigerian carriers the approval to operate in their countries landing rights.

He also said that Nigeria would also respond to those countries that try to discourage Nigerian airlines into their countries with high charges by also charging their airlines outrageous fees too.

Adurogboye, noted that when government adopts this approach the airlines and those hostile countries would review their actions against Nigerian travellers and Nigerian airlines.

But he urged Nigerian passengers that suffer such discrimination to report to the NCAA.
He noted that Nigerian airlines represent the country as flag carriers, saying any injustice meted on them would be taken as injustice against the country.

He added: “It is expected that when any airline goes through such experience what it ought to do is to file statement to the regulatory authority.

“We expect that when a passenger is maltreated what you do is to file complaint either directly or through email and when we get that we swing into action. Also we read about how some countries are hostile to Nigerian airlines. Those airlines that complain to the media cannot get those problems solved if they do not come to petition NCAA.

“When they do so we adopt the principle of reciprocity and treat the airlines coming from those countries the same way they treated ours. Nigerian airlines are representative of our country; they carry our flag so anything done to them is taken that it is Nigeria that is treated that way. So when they charge our airlines exorbitantly when their airlines come here we charge theme the same way,” Adurogboye said.

The NCAA spokesman noted that nations and airlines engage in aero politics and use it as competitive tool to outdo their rivals or chase some airlines out of lucrative markets, noting that sometimes aero politics comes in as government policy to protect own airlines, but the principle of reciprocity is the only viable tool to fight back.

There have been instances where Nigerian passengers were discriminated against and the most recent was the abandonment of Nigerian passengers at Charles de Gaul International Airport, Paris by Air France on July 18, 2018, which had a last minute cancellation of its flight to Lagos, leaving many of the passengers stranded and was unable to airlift them back to Nigeria three days after the day they were billed to return to the country.

Also, in April last year, Turkish Airlines abandoned no fewer than 22 Nigerian students of Glisten International College, Abuja between the ages of 11 and 15 at Istanbul Ataturk Airport.

The students that departed Nigeria through Abuja Airport went to the United States for a competition, but were made to sleep for at least three nights on the floor of the Ataturk Airport on their return to the country.

Apart from being compelled to sleep on the bare floor of the airport terminal, the students also paid the sum of $40 each, which amounted to $880 before they could be allowed to access the resting area of the airport.

Also Nigerian airlines, especially Air Peace complained that countries like Senegal had denied it the approval to operate to that country and also Cote d’ Ivoire has discouraged the airline from operating to that country with outrageous charges, but these countries’ airlines operate into Nigeria.

NCAA spokesman said airlines and Nigerian travellers should notify the regulatory authority whenever there is any of such infraction and the agency would take it up

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.

Crude Oil

Oil Dips Below $62 in New York Though Banks Say Rally Can Extend




Oil Dips Below $62 in New York Though Banks Say Rally Can Extend

Oil retreated from an earlier rally with investment banks and traders predicting the market can go significantly higher in the months to come.

Futures in New York pared much of an earlier increase to $63 a barrel as the dollar climbed and equities slipped. Bank of America said prices could reach $70 at some point this year, while Socar Trading SA sees global benchmark Brent hitting $80 a barrel before the end of the year as the glut of inventories built up during the Covid-19 pandemic is drained by the summer.

The loss of oil output after the big freeze in the U.S. should help the market firm as much of the world emerges from lockdowns, according to Trafigura Group. Inventory data due later Tuesday from the American Petroleum Institute and more from the Energy Department on Wednesday will shed more light on how the Texas freeze disrupted U.S. oil supply last week.

Oil has surged this year after Saudi Arabia pledged to unilaterally cut 1 million barrels a day in February and March, with Goldman Sachs Group Inc. predicting the rally will accelerate as demand outpaces global supply. Russia and Riyadh, however, will next week once again head into an OPEC+ meeting with differing opinions about adding more crude to the market.

“The freeze in the U.S. has proved supportive as production was cut,” said Hans van Cleef, senior energy economist at ABN Amro. “We still expect that Russia will push for a significant rise in production,” which could soon weigh on prices, he said.


  • West Texas Intermediate for April fell 27 cents to $61.43 a barrel at 9:20 a.m. New York time
  • Brent for April settlement fell 8 cents to $65.16

Brent’s prompt timespread firmed in a bullish backwardation structure to the widest in more than a year. The gap rose above $1 a barrel on Tuesday before easing to 87 cents. That compares with 25 cents at the start of the month.

JPMorgan Chase & Co. and oil trader Vitol Group shot down talk of a new oil supercycle, though they said a lack of supply response will keep prices for crude prices firm in the short term.

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Crude Oil

Oil Prices Rise With Storm-hit U.S. Output Set for Slow Return



Crude oil

Oil Prices Rise With Storm-hit U.S. Output Set for Slow Return

Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of the tight supply situation, just as demand recovers from the depths of the COVID-19 pandemic.

Brent crude was up $1.38, or 2.2%, at $64.29 per barrel. West Texas Intermediate gained $1.38, or 2.33%, to trade at $60.62 per barrel.

Abnormally cold weather in Texas and the Plains states forced the shutdown of up to 4 million barrels per day (bpd) of crude production along with 21 billion cubic feet of natural gas output, analysts estimated.

Shale oil producers in the region could take at least two weeks to restart the more than 2 million barrels per day (bpd) of crude output affected, sources said, as frozen pipes and power supply interruptions slow their recovery.

“With three-quarters of fracking crews standing down, the likelihood of a fast resumption is low,” ANZ Research said in a note.

For the first time since November, U.S. drilling companies cut the number of oil rigs operating due to the cold and snow enveloping Texas, New Mexico and other energy-producing centres.

OPEC+ oil producers are set to meet on March 4, with sources saying the group is likely to ease curbs on supply after April given a recovery in prices, although any increase in output will likely be modest given lingering uncertainty over the pandemic.

“Saudi Arabia is eager to pursue yet higher prices in order to cover its social break-even expenses at around $80 a barrel while Russia is strongly focused on unwinding current cuts and getting back to normal production,” said SEB chief commodity analyst Bjarne Schieldrop.

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Crude Oil

Crude Oil Rose Above $65 Per Barrel as US Production Drop Due to Texas Weather




Crude Oil Rose Above $65 Per Barrel as US Production Drop Due to Texas Weather

Oil prices rose to $65.47 per barrel on Thursday as crude oil production dropped in the US due to frigid Texas weather.

The unusual weather has left millions in the dark and forced oil producers to shut down production. According to reports, at least the winter blast has claimed 24 lives.

Brent crude oil gained $2 to $65.47 on Thursday morning before pulling back to $64.62 per barrel around 11:00 am Nigerian time.

U.S. West Texas Intermediate (WTI) crude rose 2.3 percent to settle at $61.74 per barrel.

“This has just sent us to the next level,” said Bob Yawger, director of energy futures at Mizuho in New York. “Crude oil WTI will probably max out somewhere pretty close to $65.65, refinery utilization rate will probably slide to somewhere around 76%,” Yawger said.

However, the report that Saudi Arabia plans to increase production in the coming months weighed on crude oil as it can be seen in the chart below.

Prince Abdulaziz bin Salman, Saudi Arabian Energy Minister, warned that it was too early to declare victory against the COVID-19 virus and that oil producers must remain “extremely cautious”.

“We are in a much better place than we were a year ago, but I must warn, once again, against complacency. The uncertainty is very high, and we have to be extremely cautious,” he told an energy industry event.

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