• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, May 11, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Keyamo Suspends NAMA’s 800% Increase In Navigational Charges

by Yusuf Babalola and Leadership News
10 months ago
in Business
Minister of Aviation, Festus Keyamo.

Minister of Aviation, Festus Keyamo.

Share on WhatsAppShare on FacebookShare on XTelegram

Less than 48 hours after the Nigerian Airspace Management Agency (NAMA) announced an increase in navigational charges by 800 per cent, the minister of Aviation and Aerospace Development, Festus Keyamo, has suspended the increment.

Advertisement

In a statement by the director, public affairs and consumer protection, NAMA, Abdullahi Musa, the suspension by the minister was in recognition of the current economic challenges faced by Nigerians.

According to NAMA, the minister emphasised the need for further consultation before implementing any change, highlighting the importance of being sensitive to the plight of Nigerians amidst current economic challenges.

 

“In response to the directive from the minister of Aviation and Aerospace Development, Festus Keyamo, NAMA has suspended its earlier announced increase in navigational charges. This decision follows the Minister’s recognition of the current economic challenges faced by Nigerians.

RELATED

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

2 hours ago
CSCS Shareholders Laud N1.76 Dividend Payment

CSCS Shareholders Laud N1.76 Dividend Payment

2 hours ago

 

“The Minister emphasized the need for further consultation before implementing any changes, highlighting the importance of being sensitive to the plight of Nigerians amidst these economic challenges.”

 

However, the statement stated that the agency would continue to engage the airlines, who have been responding to the prevailing economic situation since 2008.

 

The statement further chided the airlines for not taking NAMA into consideration, saying the agency was supposed to be a cost recovery agency in line with global practices.

 

“The directive from the Minister and the subsequent suspension of the planned increase underscore the government’s commitment to addressing the concerns of Nigerian citizens and stakeholders in the aviation sector.

 

“The suspension of the fee increase is a testament to the government’s responsiveness to public concerns and its commitment to balancing economic sustainability with the needs of its citizens,” it added.

 

LEADERSHIP reports that the managing director of NAMA, Engr. Farouk Umar, at the League of Airports and Aviation Correspondents Annual Conference held in Lagos, tittled, ‘Aviation Survivability amidst a Challenging Macro-Economic Environment,’ had highlighted the significant economic pressures faced by the aviation industry, exacerbated by global economic volatility, fuel price hikes, and currency instability. He outlined strategies for survival and growth, including operational efficiency, embracing innovation and technology, strengthening infrastructure, and fostering collaboration and partnerships.

 

Engr. Farouk also discussed the financial challenges NAMA faces, noting that the agency relies on statutory fees and charges for managing the airspace.

 

The Nigerian airspace management agency had proposed an increase in its fees and charges to sustain its operations and ensure the safety and efficiency of Nigeria’s airspace. The new unit rate/minimum charge for en-route was set to increase to 18,000 Naira from 2,000 Naira per flight while the unit rate/minimum charge for terminal navigation charge(TCN domestic) were to rise to 54,000 Naira from 6,000 Naira per flight with effect from the 1st of September.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: KeyamoNAMA
SendShareTweetShare
Previous Post

Why Kennysoft Film Academy Is The Best Choice For Aspiring Filmmakers And Digital Artists

Next Post

Protest: Police Uncover Plans To Plunge Oyo Into Anarchy

Yusuf Babalola and Leadership News

Yusuf Babalola and Leadership News

You May Like

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574
Business

NIN: FG Increases Date Of Birth Update Fee By 75% To N28,574

2025/05/11
CSCS Shareholders Laud N1.76 Dividend Payment
Business

CSCS Shareholders Laud N1.76 Dividend Payment

2025/05/11
Global Oil Refineries’ Q1 Margins Soars Despite Price Crash
Business

Global Oil Refineries’ Q1 Margins Soars Despite Price Crash

2025/05/11
Banks, Others Raise N2.7trn From Capital Market, Says SEC
Business

SEC Intensifies Fight Against Ponzi Schemes With Market Outreach

2025/05/11
Ashaolu Wins Awards For Disrupting Nigeria’s Out-of-Home Advertising Landscape
Business

Ashaolu Wins Awards For Disrupting Nigeria’s Out-of-Home Advertising Landscape

2025/05/11
10% Of Nigerians Affected By Data Breaches Since 2004 – Report
Business

10% Of Nigerians Affected By Data Breaches Since 2004 – Report

2025/05/11
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Bauchi South Senator Seeks United Front Against Rising Insecurity

RMAFC, FCT Meet Over Natural Resources Fund Request

Yobe Ambush: 2 Soldiers Under Probe For Colluding With Terrorists

Tinubu Has Transformed Abuja With First Class Infrastructure – Wike

PDP Group Empowers 40,000 Women In Zamfara

Cross River Councillors Lift Suspension On Leader

Minister Urges Collaboration On Beauty Industry

Osinbajo Harps On Selfless Service For National Development

Lawmaker, Others Laud Otti For Prioritising Infrastructure Devt

Group To Deworm 1m Children In Cross River

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.