The Chairman of Discovery Air, Engr. Babatunde Babalola, weekend, said that the regulatory agency, the Nigerian Civil Aviation Authority, NCAA, was wrong to have suspended its Air Operator’s Certificate, AOC, in January this year following the alleged maltreatment of its passengers in December 2014. Rather, the airline said what NCAA ought to have done was to ground its operations pending when the issues were resolved.

“This is in addition to the 52 youths trained under the Federal Government Amnesty programme as well as the fresh batches of 100 graduating from the Nigerian College of Aviation Technology, NCAT, and the 40 from International Aviation College, IAC, in Ilorin, Kwara State.” Meggison said unless something fast is done, such development constitutes a disincentive to the growth and development of the Nigerian aviation industry.

The Nigerian tax system has undergone significant changes in recent times. The tax laws are being reviewed with the aim of repealing obsolete provisions and simplifying the main ones. Taxation in Nigeria is within the administrative purview of the three tiers of government, i.e. federal, state, and local governments as stated in the constitution, with each having its tax space delineated by the Taxes and Levies (Approved List for Collection) Act.

National President, Biofuel Farmers Association, Mr Kayode Adebiyisaid said that Nigeria could get up to N10 billion annually from the export of Jatropha oil.

Lagos— A manager with Nigerian Bottling Company, NBC, Limited, Olubusoye Abayomi, who is in charge of Plant/Logistics has been arraigned before an Ebute-Metta Chief magistrate’s court, sitting at Oyingbo for allegedly stealing N68,703,480 belonging to the company.