Airlines Pay $1bn Taxes on Imported Spares, Aircraft Despite Waiver
Airline operators have disclosed that Nigerian Customs Service (NCS) generates over $1 billion (N1.6 trillion) annually from levies and taxes imposed on importation of aircraft and aircraft spares, despite the zero waiver given to the airlines, as contained in the Finance Act of 2020. Airlines that made the disclosure, said they paid 1.5 per cent, […]