Sixteen years after aircraft navigation fees were last reviewed, the Nigeria Airspace Management Agency (NAMA) has proposed to increase the fees by 800 per cent.
Sixteen years after aircraft navigation fees were last reviewed, the Nigeria Airspace Management Agency has proposed to increase the fees by 800 per cent.Sixteen years after aircraft navigation fees were last reviewed, the Nigeria Airspace Management Agency has proposed to increase the fees by 800 per cent.
The MD added that the new charge for en-route and terminal navigation is to be reviewed from N2,000 and N6,000 to N18,000 and N54,000 per flight. While passengers mostly choose air travel for safety, convenience and speed, there might be a drop shortly due to the constant increase in airfares. That will push more people to road travel, despite the security risk it poses.
According to the most recent WHO Status Report on Road Safety 2023 for the African area, there was a 17 per cent increase in road-related fatalities in the region between 2010 and 2021. The Nigerian Exchange Limited defied full year 2023 earnings and half year , 2024 interim dividend declarations by listed firms as investors lose N1.2 trillion in one week over increased patronage of government bonds and other fixed income instruments.
In this interview with COLLINS OLAYINKA, the Managing Director of the Development Bank of Nigeria , Tony Okpanachi, explained the significance of the bank’s Green Climate Fund accreditation and what the bank is doing to mitigate funding gaps facing businesses owned by women and youths. How much will DBN access from the GCF to…
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