FAAN Generated N30bn Revenue In Nine Months
The Federal Airports Authority of Nigeria said it generated N30bn as revenue between January and September 2020.
The Managing Director, FAAN, Captain Rabiu Yadudu, disclosed this on Tuesday when the House of Representatives Committee on Aviation led by its...
Local Airlines’ Debt Burden Hits N22bn
Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...
Unremitted Ticket, Cargo Charges Now Exceeds N10bn – NCAA
The Nigeria Civil Aviation Authority (NCAA), the aviation regulator said unremitted Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC) have exceeded N10 billion.
The TSC and CSC is the money collected by airlines and remitted to...