Experts ask NCAA to invoke NCAR part 18 to stem exploitative fares, price fixing, others

Experts ask NCAA to invoke NCAR part 18 to stem exploitative fares, price fixing, others

Excessive taxes by govt on domestic flights unfounded-NCAA   Industry experts and consumer advocates are increasingly citing Part 18 of the Nigeria Civil Aviation Regulations (Nig. CARs) as the legal basis for the Nigeria Civil Aviation Authority (NCAA) to enforce measures against “exploitative” airfares. While airlines generally operate in a deregulated market, Part 18 provides the NCAA with specific “economic oversight” tools to prevent price-fixing, ticket racketeering, and unfair competition. The regulations give the authority…

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Experts: How Jet A1 market proliferation creates black market, raises safety concerns

Experts: How Jet A1 market proliferation creates black market, raises safety concerns

  Ndulue calls for NCAA’s vigilance, Aisuebegun advocates competition in jet fuel market The proliferation of the aviation fuel business in Nigeria could force many suppliers of the commodity to seek alternative businesses, as many of them are said to be competing dangerously amongst themselves, a situation that has affected the quality of Jet A1 in the country. This was the view of aviation fuel stakeholders who spoke on the sidelines of CITA Energies Colloquium with…

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Experts: Nigeria needs over N142 billion to tackle air navigation deficiencies

Experts: Nigeria needs over N142 billion to tackle air navigation deficiencies

Seek amendment of airport funds to tackle ANS hiccups Airlines lose $50 million yearly to fuel, delays over ANS inefficiency Airlines’ profitability hinges on efficient airspace   Aviation experts have called on the Federal Government to amend the N712 billion allocation for the total rebuilding of the Murtala Muhammed International Airport Terminal to include another N142.4 billion to tackle serious Air Navigation Services (ANS), which encompasses a range of services crucial for the safe and…

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Experts urge govt to align aviation policy to sustain tourism

Experts urge govt to align aviation policy to sustain tourism

Experts in the aviation value chain over the weekend took a holistic view of the aviation and tourism sectors and were unanimous that they are critical sectors that would help to unlock the economic potential of the country if the government and policymakers take them seriously. They urged to realign its strategies of aligning aviation development with sustainable tourism potential. They spoke at a webinar put together by the Institute of Chartered Secretaries and Administrators…

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Experts: IGR insufficient to tackle decaying aviation infrastructure

Experts: IGR insufficient to tackle decaying aviation infrastructure

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…

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Experts: Nigerian carriers in dire straits, need urgent assistance

Experts: Nigerian carriers in dire straits, need urgent assistance

Some experts have taken a holistic look at the industry and came up with a verdict that the aviation industry in Nigeria needs urgent rescue to get out of its precarious situation. Aligbe Aviation consultant and the Chief Executive Officer of Belujane Consult, Mr Chris Aligbe while featuring alongside other analysts, Mr Toni Ukachukwu and the Secretary General of Aviation Round Table (ART), Mr Olumide Ohunayo on a television programme at the weekend said Nigerian…

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Aviation: Experts Decry Nigeria’s N40bn Domestic Cargo Market

Aviation: Experts Decry Nigeria’s N40bn Domestic Cargo Market

  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…

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Experts, stakeholders for 4th CHINET summit

Experts, stakeholders for 4th CHINET summit

The Insurance Commissioner will be a Special Guest at the 4th CHINET Aviacargo Conference in Lagos on the 22nd of August. In its fourth edition, the event will be held in Lagos on August 22. It brings together the leaders of aviation, cargo business and regulators together with insurance professionals This year’s event will have a strong cast of insurance professionals led by Mr. Olusegun Omosehin the Insurance Commissioner. Other insurance CEOs listed to grace…

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