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FAAN Cuts Power Supply To Kano Airport Quarters Over N500m Debt

FAAN Cuts Power Supply To Kano Airport Quarters Over N500m Debt   Power supply to offices and quarters occupied by staff of the Nigerian Airspace Management Agency (NAMA) at the Mallam Aminu Kano International Airport (MAKIA), Kano has been cut off on the orders of the...

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report         The federal government is losing billions of naira in duties payable on imported vehicles as 50 per cent of such vehicles in Nigeria reportedly come in illegally through closed borders, it has been revealed. An...

NCAA, Airlines Settle On N22bn Debt

NCAA, Airlines Settle On N22bn Debt         The Nigerian Civil Aviation Authority (NCAA) said yesterday it is developing a flexible payment plan to retrieve the over N22bn debts being owed by airline operators. Economic Confidential reports that the NCAA had recently vowed to impose sanctions for operators...

Local Airlines’ Debt Burden Hits N22bn

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

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...

International Flights May Resume September – Minister

International Flights May Resume September - Minister     The Minister of Aviation, Sen. Hadi Sirika has given the indication that international flights from Nigeria might resume in September 2020. On March 23rd 2020, Nigeria shut down its airspace as part of measures to curtail the spread of...