Latest News Revenue Transportation

NCAA Generates N15.27Bn From Ticket Sales Charges

The Nigeria Civil Aviation Authority (NCAA) recorded about N15.27 billion being Ticket Sales Charges (TSCs) on foreign and local commercial airlines plying the nation’s airspace from January to August this year. The charges comprised $16.98 million (about N6.12 billion) as TSC from international airlines and another N9.16 billion  from local airlines This is even as the […]

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Equity Partners Not Yet Selected For National Carrier – FG

There are strong indications that the Federal Government may not have selected equity partners for the  95% equity of the about to the floated national carrier – Nigeria Air Media reports indicated that a document sourced from the Nigeria Civil Aviation Authority, NCAA, which debunked speculations in certain section of the social media that the […]

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FG Assures On Compliance With Air Safety Recommendations

The Federal Government has concluded plans to fully implement air safety recommendations released by the Accident Investigation Bureau (AIB). Giving this hint on Tuesday in Abuja when he received the report of the Safety Recommendation Committee headed by the Commissioner of AIB, Mr. Akin Olateru, Minister of State for Aviation, Hadi Sirika, recalled that the […]

Latest News Taxation

Airline Operators Threaten To Stop VAT Remittances

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 […]