While members of the labour unions have vowed to abort federal government’s plane to concession major airports in the country, industry stakeholders insist concession is the key to airport development. Over the years attempts have been made to bring in private investors to inject money in airport development, but labour unions in the industry have […]
Following the approval that flight operations recommence gradually at the nation’s airports effective July 8, the Federal Airports Authority of Nigeria has released new procedural guidelines for air travelers and other airport users. The new Standard Operating Procedure (SOP) is aimed at protecting all stakeholders and preventing further spread of theCovid-19 virus. In the “New […]
Industry expert and CEO of African Aviation Services, Nick Fadugba, has x-rayed the aviation industry in Nigeria and said multiple entry points and frequencies of foreign airlines are commercially disadvantageous to Nigerian airlines and do not achieve fair reciprocity. Over 85 per cent of air travellers on international destinations are airlifted by foreign airlines in […]
The coronavirus pandemic has had a deleterious effect on the finances of businesses, households and governments. This is because beyond the pandemic, which paralysed businesses and social activities, so much money is being spent by individuals and organisations to prevent the spread of the virus. One of the most affected sectors is the aviation industry, […]
Aviation agencies have kicked against the compulsory remittance of 25 per cent of the internally generated revenue (IGR) charged the Federal Airports Authority of Nigeria (FAAN) by the federal government, saying the agency is in dire need of the funds for infrastructure upgrade and training. A letter emanating from the Office of the Accountant-General of […]
