Airlines to save N11.6b yearly from removal of VAT, others
The planned review and removal of the mandatory Value Added Tax (VAT) on all air travel tickets issued in the aviation sector will save local airlines at least N11.55 billion in revenue yearly.
‘New national carrier to drive open sky treaty, benefits’
Minister of State for Aviation, Hadi Sirika, has said that plan for a new national carrier is already at an advanced stage and its set up will drive the open sky treaty recently signed with 22 African countries.
Operators kick as Nigeria opens airspace to 22 African countries, airlines
Airline operators and stakeholders yesterday faulted the Federal Government’s declaration of open skies to 22 African countries and co-signatories for the implementation of Single African Air Transport Market....
Aviation sector records maintenance revolution
Nigeria's first successful C-check on a Boeing 737-500 aircraft has become a game changer for the aviation industry.
High air fare, taxes stall aviation growth
Slow growth in the aviation sector has again been linked to multiple taxes and charges levied against operators and passengers in the country.
New national carrier will be private sector driven, says Sirika
The Minister of State for Aviation, Senator Hadi Sirika, said the proposed national carrier will be private sector driven. He said that would avoid the mistakes that led to the failure of the defunct Nigerian Airways. Sirika stated this on the sideline of the ongoing International Civil Aviation Organisation World Aviation Forum on Wednesday in…
Nigeria to sign MoU with Boeing, Airbus over national carrier
The minister of state for aviation, Senator Hadi Sirika says that the Federal Government is set to sign a Memorandum of Understanding (MoU) with Boeing on the establishment of a national carrier for Nigeria. Sirika, in his tweet on his handle,@hadisirika on Thursday, said the MoU would be signed during the forthcoming Third ICAO World…
FEC approves N5.57b for soil erosion control
Special Adviser to the President on Media and Publicity, Femi Adesina, who disclosed this yesterday, said the amount is for Kano, Sokoto, Ondo, Osun, Enugu and Bayelsa states.
Middle East investors move to take over Nigerian airports
Some stakeholders in the aviation sector, including members of the National Assembly, are worried that investors from some Middle East countries are expressing interest in the planned concession of Nigerian airports.
Concession: Bitter-sweet lifeline for ailing aviation sector, as workers demand explanation
The planned concession of airports to the private sector by the Federal Government in order to ensure befitting infrastructural upgrade, and full utilisation of the facilities is not going down well with some 6,000 aviation workers, who risk losing current employment in the uncertainty that looms ahead. Though the self-interest sentiment might ring a little…