NAMA needs special funding to tackle decrepit navigational facilities

NAMA needs special funding to tackle decrepit navigational facilities

·         Over N40 billion Presidential intervention fund secured ·         Aviation to contribute to $1 trillion projected economy The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo on Sunday said the Nigerian Airspace Management Agency (NAMA) would need special funding to tackle many of the navigational facilities. This is coming as the Minister said that the aviation industry would contribute significantly to ensure that the aviation industry contributes to the planned $1 trillion targeted economy by President…

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NAMA raises ‘outdated’ navigational charges to N18, 000 , N54, 000, may trigger hike in fares

NAMA raises ‘outdated’ navigational charges to N18, 000 , N54, 000, may trigger hike in fares

Extension costs rise too, N10b overhead, N21b personnel cost, N12b capital cost in 2023   The Nigerian Airspace Management Agency (NAMA) has raised en-route navigational charges from N6,000 to N18,000 and N54,000 per flight just as the airspace agency equally increased the extension of hours of service to airlines from N50,000 to 450,000 per extension to enable the agency to recover the cost of diesel and other logistics during the period of extension. The Managing…

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Farouk: We are going to review navigational charges to match current economic situation

Farouk: We are going to review navigational charges to match current economic situation

Ahmed Umar Farouk,  the Managing Director of the Nigerian Airspace Management Agency (NAMA). In this interview with WOLE SHADARE, speaks on the strides the agency has made to overhaul the country’s airspace safety architecture and some of the challenges that require urgent attention.  NAMA seems to be taking a new shape and direction. How has it been since you were appointed Managing Director of the agency? Farouk, NAMA MD I am an insider in NAMA. Before…

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