Chairman, Senate Committee on Aviation, Adeyemi Smart and his counterpart at the House Committee on Aviation, Nnolim Nnaji surrounded by other members of the Senate Committee on Aviation during the three days public hearing on repeal and enactment of the aviation bills for the aviation agencies in Abuja, recently.
THE House of Representatives Committee on Aviation has condemned the continued collection of import duties on imported commercial aircraft and spare parts despite President Muhammadu Buhari’s executive order exempting them.
The committee led by its chairman, Nnolim Nnaji during a press briefing earlier in the week frowned at what he called the persistence imposition of value added tax (VAT) on importation of aircraft and spares by the Federal Inland Revenue, (FIRS).
Speaking on the just concluded public hearing on civil aviation amendment bills which brought to the fore the myriad of challenges facing the domestic airlines which required urgent attention to save the industry from total collapse, Nnaji chronicled other problems confronting the airline operators to include: inability to access foreign exchange at the official rate, high cost of funds and lack of single digit lending interest rate, multiplicity taxations, fees and changes, multiple entry points and frequencies granted foreign airlines and the externalization of insurance placement for domestic airlines as well as the unnecessary delay they suffer for weeks in clearing aircraft on ground (AOG) spare parts for aircraft.
The continued rising cost of aviation fuel (JET-A1), over regulation of domestic airlines and inadequate night landing facilities in most of the airports which reduces the airlines’ operating flight hours among others were also part of the concerns raised before the committee by the airline operators.
According to Nnaji: “as a parliament, we are going to look into these demands and more especially to find out why the Nigeria Customs Service would not respect the president’s Executive Order on duty exemption meant to lighten the burden of the airlines.
“If developed countries could give bailouts in billions of dollars to their airlines to cushion the impact of coronavirus, with all the incentives at their disposal, you can understand what our airline operators are going through without help”.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
ICYMI: Nigeria Back Into Recession, Worst Since 1987
Nigeria is back into a recession. This time, it is the worst the country has experienced since 1987…
ICYMI: Why We Can’t Call Off Strike Now –ASUU
It is still uncertain whether the ongoing strike by the Academic Staff Union of Universities (ASUU) will end soon as the president of the union, Professor ‘Biodun Ogunyemi has said there are certain steps to be taken to reach a final conclusion on the issue…
As part of its efforts to drive digital inclusion and reaffirm its long-term commitment, Airtel…
The Kano State Governor, Abba Kabir Yusuf, has granted automatic foreign scholarships to the nine…
Anambra and Lagos States have topped the list of states involved in UTME malpractice 2025,…
The Brigade Commander of the 31 Artillery Brigade, Nigerian Army, Minna, Brigadier General M. U.…
Travellers from Keffi to Port Harcourt have been assured of a seamless journey by June…
Family, fellow gospel artists, and admirers of Bolaji Olarewaju, popularly known as Big Bolaji, will…
This website uses cookies.