NAMA Seeks 56% Share as AON Calls for Aviation Reform
By Oluwakemi Kindness The Nigerian Airspace Management Agency (NAMA) has asked the National Assembly to increase its share of Nigeria’s five per cent Ticket Sales Charge from 22 per cent to 56 per cent, as the Airline Operators of Nigeria (AON) called for a wider overhaul of the aviation funding system. Other stakeholders, including the […]
Court Upholds FCCPC Probe of Airline Ticket Complaints
By Oluwakemi Kindness The Federal High Court in Abuja has affirmed the authority of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints over airline ticket prices, ruling that such investigations do not amount to government regulation of fares. The FCCPC, in a statement on Friday by Ondaje Ijagwu, Director of Corporate […]
Aviation Boost: NAICOM Rolls Out Bold New Leasing Rules
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has officially launched the Revised Regulation on Insurance for Leased and Financed Aircrafts. The revised regulation seeks to strengthen Nigeria’s aviation and insurance industries, enhance investor confidence, and promote ease of doing business in the country. The unveiling held in Abuja on Monday at the Office of […]