Remittances Archives - Aviation Media Africa | Online Magazine for Aviation,Travel,Tourism.

Aviation Agencies Kick against 25% Remittance to FG

Aviation Media
June 13, 2020
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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 […]

NCAA TO SANCTION AIRLINES AS DEADLINE TO AUTOMATION ENDS

Aviation Media
March 30, 2017
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As the final deadline given to airlines to automate their payment system for the remittances of the statutory 5 percent ticket sales/cargo sales charge ends, the Nigerian Civil Aviation Authority (NCAA) said it would sanction airlines that did not meet the deadline. The Authority had shifted the January 31st 2017 ultimatum to March ending at […]