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Under Old Rules, Nigeria Lost N10 billion to Airport Tolls – Keyamo

Under Old Rules, Nigeria Lost N10 billion to Airport Tolls - Keyamo The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that the Federal Government lost 82 per cent which is equivalent to N10 billion in revenue that ought to accrue from airport...

‘SAATM will Reduce Africa’s Trade Deficit by 51%’

'SAATM will Reduce Africa’s Trade Deficit by 51%' The Minister of Aviation and Aero Development, Festus Keyamo, has said implementation of a Single African Air Transport Market would reduce Intra-African trade deficit by 51 per cent. He disclosed at a workshop on African Aviation Market Integration...

AON Seeks licence to Import Jet Fuel, Forex

AON Seeks licence to Import Jet Fuel, Forex Domestic airlines under the aegis of Airline Operators of Nigeria, on Monday, demanded that the Federal Government should allow AON procure the requisite licence for the importation and distribution of aviation fuel, popularly called JetA1. AON also asked...

Trapped Funds: FG Directs CBN to Engage Foreign Airlines Regularly 

Trapped Funds: FG Directs CBN to Engage Foreign Airlines Regularly  The Federal Government, through the Ministry of Aviation and Aerospace Development has directed the Central Bank of Nigeria to convene quarterly meetings with foreign airlines operating in the country to address the issue of trapped...

FG Suspends Nigeria Air Project

FG Suspends Nigeria Air Project The Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered the suspension of the Nigeria Air project. Keyamo gave this directive during a tour of the international airports on Thursday in Lagos, where he was accompanied by the Managing Director...