Aviation Archives - Page 7 of 9

Experts: IGR insufficient to tackle decaying aviation infrastructure

Posted on October 14, 2024October 14, 2024 by Wole Shadare

Aviation stakeholders agreed in unison that aviation agencies’ Internally Generated Revenue (IGR) is no longer sufficient, to address the myriad of challenges confronting the sector, particularly the cost of aviation infrastructure. They noted that the attraction of private sector funds, and the adoption of public-private partnership models is needed to tackle ageing airport and air navigation facilities. This is coming as the Minister of Aviation and Aerospace Development, Mr Festus Keyamo and other industry experts…

Air Peace, Onyema honoured for outstanding aviation impact

Posted on September 30, 2024 by Wole Shadare

Nigeria’s flag carrier airline, Air Peace and its founder, Dr. Allen Onyema have been honoured for their outstanding achievement in the aviation industry. Onyema and his airline were honoured for their remarkable achievement at the 21st Anniversary of Marketing Edge during its Edge Awards 2024. The airline received the prestigious ‘Outstanding Brand of the Year’ award, while Onyema was named ‘Brand Personality of the Year’ for his transformative leadership, nationalistic efforts, and corporate philanthropy. The…

Aviation: FG alerts concessionaires on taking over workers’ liabilities

Posted on September 23, 2024 by Wole Shadare

Minister of Aviation and Aerospace Development, Festus Keyamo said the new focus with the concession of some airports in Nigeria is to ensure that would-be concessionaires take over the liabilities they meet and to ensure that no worker of the Federal Airports Authority of Nigeria (FAAN) loses his job. The Minister who spoke on the sidelines of the launch of the travel portal by the Nigerian Civil Aviation Authority (NCAA) at the weekend said he…

Aviation agencies’ 50% revenue deduction hampering air safety-say controllers

Posted on September 14, 2024September 14, 2024 by Wole Shadare

NATCA to join strike, shut down sector on Sept 18 Air Traffic Controllers under the aegis of Nigeria Air Traffic Controllers Association (NATCA) has demanded immediate exemption of the aviation agencies from 50%Internally Generated Revenue (IGR) deduction from source by the Federal Government. The group further stated that the action of the government is posing a huge threat to aviation and airspace safety. Drawing attention to how the policy is severely undermining the safety…

Again, unions to shut down aviation over 50% agencies’ deduction

Posted on September 12, 2024September 12, 2024 by Wole Shadare

Again, the various unions in the aviation industry have threatened to down tools and paralyse activities over what they termed the near insolvency of the agencies over the 50 per cent deduction at the source of their revenue. The unions comprising the National Air Transport Employees (NUATE), Association of Nigeria Aviation Practitioners ( ANAP), National Association of Aircraft Pilots and Engineers (NAAPE), Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees…

Why Nigeria lost aviation category one status, by DG NCAA

Posted on September 2, 2024September 2, 2024 by Wole Shadare

The Acting Director-General of Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo said the delisting of Nigeria from the Federal Aviation Administration (FAA) category one status has absolutely nothing to do with any safety or security deficiency in the country’s oversight system. He noted that Nigeria has undergone comprehensive International Civil Aviation Organisation (ICAO) Safety and Security Audits and recorded no Significant Safety Concern (SSC) or Significant Security Concern (SSeC) respectively. The NCAA, he…

Aviation: Experts Decry Nigeria’s N40bn Domestic Cargo Market

Posted on September 2, 2024September 2, 2024 by Wole Shadare

Despite the potential, the Nigerian domestic cargo market estimated to oscillate around N22 billion and N45 billion annually is considered very small occasioned by poor infrastructure. This was the view of stakeholders, who spoke to Aviation Metric at the just concluded 4th aviation cargo summit in Lagos, christened ‘Chenet’. They noted that considering the country’s geographical size, it had the potential to grow into a multi-billion dollar market, contributing significantly to Nigeria’s Gross Domestic…

Aviation won’t survive without thriving airports, says Minister

Posted on August 21, 2024 by Wole Shadare

The Minister of Aviation and Aerospace Development, Festus Keyamo has expressed concern over the country’s airport infrastructure, adding that for airports to be viable, they must have the infrastructure to support current and future demand. He further stated that without thriving airports, there can be no thriving aviation industry, hinting that airport viability is not just a priority but a necessity for any ambitious aviation business. To buttress the minister’s assertion, the Managing Director of the…

IOCs, LOCs Meet Aviation Ministry, Agent Over Helicopter Landing Levies

Posted on August 11, 2024 by Wole Shadare

The International Oil Companies (IOCs) and Local Oil Companies (LOCs) under the aegis of the Oil Producers Trade Section (OPTS) have agreed to follow the recommendations of the ministerial committee established by the Minister of Aviation and Aerospace Management to review the helicopter landing levies collected by the ministry’s agent, NAEBI Dynamic Concepts Limited. This decision was announced on Wednesday in Abuja after a meeting between the oil companies, ministry officials, representatives of NAEBI Dynamic…

Aviation agencies reel under 50% revenue deduction yoke

Posted on August 6, 2024August 6, 2024 by Wole Shadare

The recent hike in en-route navigational charges by the Nigerian Airspace Management Agency (NAMA) before it was upturned by Minister of Aviation and Aerospace Development, Festus Keyamo may have come as a result of survival pressure. The agencies reel under the 50% deduction yoke, writes, WOLE SHADARE Minister overrules The Minister of Aviation and Aerospace Development, Festus Keyamo’s quick intervention in the hike in en-route navigation charges was very timely as it provided the Nigerian…

« 1 … 5 6 7 8 9 »