Aviation

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Int’l routes: Limited FX, others impede operation – Onyema

Int’l routes: Limited FX, others impede operation – Onyema

The absence of passenger transit facilities across international airports along with airlines’ inability to access foreign exchange from the Central Bank of Nigeria, CBN, are the significant challenges affecting domestic airlines operating on the international route.

FOREIGN AIRLINES RESTRICTIONS: A Molotov Cocktail

FOREIGN AIRLINES RESTRICTIONS: A Molotov Cocktail

In recent years, there have been very strong views and, criticisms by some members of Airline Operators of Nigeria (AON) and indeed, some stakeholders in the Aviation Industry over what they consider “Disfavourable” Bilateral Air Services Agreements (BASA) between Nigeria and some countries.  Their grouse is the Multiple Entry Points granted to foreign airlines which they claim is negatively impacting their operations and profitability.

Stakeholders split over FAAN, NAMA’s TSA exit plan, IGR remittances

Stakeholders split over FAAN, NAMA’s TSA exit plan, IGR remittances

Aviation stakeholders have engaged in a contentious debate over the Federal Airports Authority of Nigeria, FAAN, and the Nigerian Airspace Management Agency, NAMA, move to exit the Treasury Single Account, TSA, and reduce the 40 percent remittances of Internally Generated Revenue, IGR, to the government.