Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, has attributed high airfares in Nigeria to the over 20 taxes paid on every ticket as well as the astronomical rise in foreign exchange. Okonkwo, while speaking on a television programme monitored by The Guardian, said airlines operating in Nigeria were burdened by multiple taxation and a harsh forex regime, which stands at about N1,605.00 to one dollar. He lamented that the challenges were impacting negatively on local airlines, as operators had to buy spares and fix their aircraft in dollars, even without increases in the cost of such spares abroad. He
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