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Why airlines collapse in Nigeria, by NCAA
The Nigerian Civil Aviation Authority (NCAA) has attributed the rapid demise of Nigerian airlines to lack of corporate governance, just as its strict regulation has forced the number of carriers to keep going down. Spokesman for NCAA, Sam Adurogboye, said most of them lack corporate governance because individuals own them, Besides, he said that if NCAA finds out that a particular airline does not demonstrate to NCAA that it has the financial muscle to operate,…
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