Rep. James Faleke, Chair of the House Committee on Finance, didn’t hold back during an interactive session in Abuja, warning that the Nigeria Civil Aviation Authority (NCAA) might face EFCC takeover due to an alleged N43 billion revenue gap reported for 2022. Faleke’s statement came amid revelations from the Federal Airport Authority of Nigeria (FAAN), Read More…
Tag: NCAA
High Fare Pandemic’ hits Nigeria as airlines move against NCAA, sell tickets in dollars
Fresh indications have emerged that the Federal Government is yet to release over 50 per cent or $265 million in foreign exchange for foreign airlines operating in the country to repatriate to their countries. Foreign airlines collect Naira for their tickets to customers and exchange same for foreign currencies for their operations. But recently they Read More…