Festus Keyamo, Minister of Aviation, has stated that the government has no authority to fix prices for private enterprises, including the aviation sector.
Speaking on Arise TV, Keyamo said, “The government has absolutely no power to fix prices for private enterprises, including the aviation industry.” He explained that the recent hike in airfare ticket prices is beyond government control because the aviation industry has been fully deregulated.
Keyamo emphasized that with deregulation, airlines now independently set their fares, and the government cannot interfere in pricing decisions. He urged the public to understand that ticket costs are determined by market forces and operational considerations within the aviation industry.
In conclusion, the Minister reiterated that while the government can support the sector through policies and infrastructure, it has no mandate to control ticket prices, leaving fare adjustments at the discretion of airline operators.
