NCAA Strengthens Cost recovery process: Introduces Advance Payment Guarantees

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The Nigeria Civil Aviation Authority (NCAA) has stated that it is implementing stricter enforcement measures to further strengthen its cost recovery. The Director General of the CAA, Capt. Chris Najomo, represented by the Director, Operations, Licensing and Training, Capt. Donald Spiff stated this at a stakeholders’ retreat on Civil Aviation Cost Recovery and Revenue Optimisation held recently in Lagos. The …

Passengers, Operators Optimistic On Removal Of VAT On Air Transportation

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By Kayode Oyero Recently, the Nigerian government passed an Executive Order for the removal of Value Added Tax (VAT) from “all forms of shared transportation” which is believed to include air transportation in the Nigeria as airlines in the country remit five per cent of their base fares to the government through the Federal Inland Revenue Service (FIRS). The elimination …