Indigenous airlines in the country have threatened to stop remittance of Value Added Tax (VAT) to government coffers effective June 14 this year. The operators claimed that continuous collection of such tax negated the principles of the nation’s fiscal policies and international best practices in the industry. The airlines operators disclosed their plan on VAT […]
The Federal Government has given reasons on why Lufthansa Consortium’s contract that was expected to provide modalities for the establishment of a new national carrier was determined.
There are strong indications that the Federal Government may revise some of the taxes, charges, levies and other related costs of airlines operating in the country.
The Minister of State for Aviation, Senator Hadi Sirika, has disclosed that the new international terminal building at the Nnamdi Azikiwe International Airport (NAIA) Abuja would require additional $400 million before its completion.