Airlines want FG to create special funds for domestic operators
Airlines in Nigeria have urged the federal government to provide a window of “special funding” for operators of local airlines in the nation’s aviation sector.
Top Brass Aviation Limited CEO Roland Iyay made the call on behalf of the AON during a visit to the Minister of Aviation and Aerospace Development, Festus Keyomo, in Abuja on Monday.
He said the call for providing a window of special funding for operators in aviation was necessitated due to the nature of the aviation business and its growing contribution to the country’s gross domestic product (GDP).
“We are just asking for a special funding window that should be of a single digit, and that is easily accessible. We want FG to create a special funding window for domestic Airlines for capital assets acquisition and consider providing the necessary support of domestic Airlines for competitive funding through world-renowned funding organisations such as EXIM, EDC, and AFREXIM Bank.
“We plead for immediate revision of all ill-conceived stifling policies inimical to industry growth, adoption of an annual simulator Recurrent check for flight Crews and the adoption of the manufacturers’ recommended maintenance service intervals. Just as it is enshrined in the Aircraft Type Maintenance Planning Document (MPD) by the Nigeria Civil Aviation of Nigeria (NCAA),“ he said.
He appealed to the government for immediate review of all industry taxes and charges to determine applicability and quantum in line with the cost recovery model of the aviation Parastatals.
Mr Iyayi reiterated establishing and providing a dedicated support line for domestic Airline Operators to unfettered access to foreign exchange through the Central Bank of Nigeria in support of local and international transactions.
He called for the facilitation, liberalisation, procurement and distribution of Jet-A1 nationwide and allowing the AON to procure requisite licenses for product importation and distribution through strategic partnerships.
According to him, the government should ensure immediate prioritization of a modernisation programme for passengers and handling equipment at major Airports to manage passengers and associated baggage efficiently.
He added, “The government should prioritise the immediate installation and commissioning of bird hazard management equipment and FOD programmes at all Airports nationwide to enhance safety, reduce aircraft damage and increase insurance premiums.
“Embracing the PPP model with prospective investors for the establishment, tooling and operation of local MRO facilities and providing special incentives to encourage increased investments in the sector.”
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Opinion
Some foundational arguments on state police
This historical inheritance also explains why the regional police of the First Republic became vulnerable to political manipulation.
States
Police launch manhunt for driver, conductor over attempted murder of officers
The police command in Enugu has launched a manhunt for a bus driver and his conductor for the attempted murder of officers and the snatching of a rifle.
Lagos
NDLEA intercepts multibillion-naira hard drugs from Canada at Lagos port
The National Drug Law Enforcement Agency says it intercepted 8,287 bags of suspected Canadian Loud, weighing 4,143.5 kilogrammes, at the Apapa port in Lagos.
Rights
SPECIAL: Homeless Mokwa flood survivors seek answers to N4 billion donations, accuse Gov Bago of neglect, unfulfilled promises
As Mokwa survivors struggle to rebuild their lives, they highlight how Governor Umar Bago’s administration appears unaccountable for billions of naira donated for their relief.
Uncategorized
Methodist Church recommends death penalty for Nigerian criminals
Mr Koko-Bassey asked the National Assembly to enact laws prescribing the death penalty for kidnappers and perpetrators of other heinous crimes to serve as a deterrent to others.
Politics
Umahi begs Igbo to support Tinubu’s re-election, hails president’s South-East projects
“I do not want these projects to stop. I want them to be completed. Therefore, I urge all Nigerians to support the president,” he added.





