The Federal Airports Authority of Nigeria (FAAN) set up a committee last year with main objective to boost exports through air freighting with emphasis on increasing the export of agri-produce which is in high demand in many parts of the world with a major objective to make Nigeria number one exporter of perishables and other […]
Despite claims in some quarters that foreign airlines may soon shutdown operation in Nigeria as a result of ‘trapped funds,’ it has emerged that that many of the airlines have since repatriated their funds from Nigeria. The International Air Transport Association (IATA), had recently said Nigerian government could hamper air connectivity over the non-repatriation of […]
The Nigerian Civil Aviation Authority (NCAA) on Tuesday in Abuja said it has reviewed penalties upwards for violators in the Aviation sector with the maximum penalty for airlines standing at N10 million while the minimum is N1 million. NCAA noted that the upward review of penalties is not punitive but was guided by current realities […]
Six years after the Asset Management Corporation of Nigeria took over the management of Nigeria’s major carrier, Arik Air, the court has ordered that the agency should give account of the period it operated the airline, a development that may lead to the return of the airline to its founder. On Wednesday, the founder of […]
It has become the vogue for many state governments to embark on the establishment of airports. Many of the governors who go into these projects say that it is opening up their states for investment. Although it has been said at many aviation fora that building airport facilities does not promote grassroots development; rather, the […]
