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FIRS To Go After Tax Evaders In Aviation, Maritime Sectors

FIRS To Go After Tax Evaders In Aviation, Maritime Sectors     The Federal Inland Revenue Service (FIRS) has said it will soon commence a back-end tax audit on operators in the maritime and aviation industries to checkmate tax evasion. The Executive Chairman, Muhammad Nami, who made the...

FEC Okays N89.6bn For Road, Aviation Projects

FEC Okays N89.6bn For Road, Aviation Projects       The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved about N89.6bn worth of contracts under the Ministries of Works and Housing and Aviation. It also okayed the Draft National Policy on the over 2.3...

FEC Okays N21bn For Aviation, Education, Others

FEC Okays N21bn For Aviation, Education, Others       The Federal Executive Council on Wednesday approved N21,107,212,510, for various projects in the education and aviation ministries as well as a few other federal agencies. The approvals were made at a meeting of the council presided over by President...

FEC Okays N10.2bn Projects For Water resources, Aviation, Presidency

FEC Okays N10.2bn Projects For Water resources, Aviation, Presidency         The Federal Executive Council (FEC) has approved N10.168 billion for the execution of projects under the ministries of Water Resources, Aviation as well as two agencies under the Presidency. The virtual FEC, which was presided over by...

Local Airlines Rebound With Traffic Surge

Local Airlines Rebound With Traffic Surge       Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. And in response to the uptake, some of the carriers are opening new routes and reactivating old ones...

Fed Govt Releases N5bn Aviation Bailout

Fed Govt Releases N5bn Aviation Bailout         After about two months of waiting, the federal government has finally released the N5 billion for the aviation industry. While N4bn went to airlines, N1bn was given to other allied service providers like the ground handling firms, caterers, and...