Tag: aviation funding
NSIB Rejects Planned TSC Reduction Proposal to 4%, Warns of Safety...
The proposed TSC reduction for the Nigerian Safety Investigation Bureau (NSIB) has drawn a strong warning from its Director-General, Captain Alex Badeh. He said...
States Must Increase Funding for Aviation Safety and Security Oversight
Regulators face mounting pressure as aviation becomes more complex, technology-driven and vulnerable to disruption. ICAO is urging States to increase funding for regulatory oversight...
Inside Nigeria’s TSC Funding Battle: Three Visions for Aviation Funding
ANTHONY OMOH examines the battle over TSC funding, weighing the competing positions of NAMA, NCAA, airlines and unions as lawmakers consider the future of...
AON Pushes Aviation Development Fund, Seeks End to 25% TSA Deduction
The Airline Operators of Nigeria (AON) has called for the removal of aviation agencies from the 25 per cent Treasury Single Account (TSA) deduction...
NCAA Says NAMA Has 16 Income Sources, Opposes TSC Review
The Nigeria Civil Aviation Authority (NCAA) has argued that the Nigerian Airspace Management Agency (NAMA) already has 16 statutory revenue streams, making its request...
Professor Okonkwo Urges End to Aviation Remittance Deductions
United Nigeria Airlines Chairman, Professor Obiora Okonkwo, has renewed calls for a review of the aviation remittance policy, saying government deductions from industry revenues...
Akpan Sparks Reform Debate with 80% Revenue Call for Aviation Ecosystem
Pressure is mounting within Nigeria’s aviation ecosystem as stakeholders intensify calls for a restructuring of revenue remittance rules governing aviation agencies. The debate has...
Kuku Backs Credit Enhancements to Ease Airline Financing
Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, says Nigeria’s aviation sector urgently needs government-backed credit enhancements to support...
20% Cost of Funds Makes Single-Digit Interest Rates Impossible-Fidelity Bank MD
Fidelity Bank MD explains aviation funding and interest rates
Commercial banks cannot lend to Nigerian airlines at single-digit interest rates because they borrow funds at...
Govt Urged to Build 500-Aircraft Leasing Firm to Cut Finance Cost
President of the Aircraft Owners and Pilots Association of Nigeria, Dr. Alex Nwuba, has urged the Federal Government to establish a 500-aircraft national leasing...
