Macroeconomic

In Nigeria’s aviation sector, a single financial narrative has taken hold: domestic air travel is remarkably cheap. Converted into United States dollars, a one-way ticket between Lagos and Abuja looks like an extraordinary bargain compared to domestic flights in Europe or America. For the average citizen paying in local currency from tightly squeezed earnings, that mathematical logic crumbles the moment it touches everyday economic reality, writes WOLE SHADARE It is a recurring theme echoing across…