Capt. Muhtar Usman
A fresh controversy has emerged over the total number of passengers that travelled the Nigerian airspace and ticket fares generated in 2016 and 2017, especially the harmonised figures recently released by the Nigerian Civil Aviation Authority (NCAA).
The apex regulatory body disclosed 15 million international and local passengers in 2016, with a total of N422.4 billion in ticket sales.
2017 recorded 14.1 million passengers, with N505 billion in ticket sales.
Stakeholders, however, faulted the new revenue estimates, alleging a shortfall in excess of N400 billion in the two years under review, with attendant shortchange of the mandatory five per cent charges that go to five regulatory agencies from ticket sales.
The stakeholders, who blamed under-disclosure…
Read More…..Guardian Newspapers
