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Airspace boycott by airlines cut NAMA’s revenue base
There are indications that the revenue of the Nigerian Airspace Management Agency (NAMA) has drastically dwindled due to loss of revenue from over-flier charges which form the bulk of the agency’s revenue. The paucity of funds has seriously affected the smooth running of the agency. Failure to quickly resolve the issue could further plunge the parastatal further into crisis. NAMA is self-sustaining. It generates its own resource and funds most of its projects from internally…
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