• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 20, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CPPE Says 30% Debt Discount For Airlines Not Enough

Sani Shehu by Sani Shehu
2 months ago
in Business
images 2026 04 26T163718.178
Share on WhatsAppShare on FacebookShare on XTelegram

Welcoming the federal government’s 30 per cent debt discount for airlines, the Centre for the Promotion of Private Enterprise (CPPE) has called for urgent, comprehensive reform of Nigeria’s aviation cost regime.
The Group said charges spanning ticket sales, landing fees, cargo levies, and import duties remain excessively high and fragmented, warning that the burden is incompatible with thin airline margins and contributes to the sector’s high mortality rate.

The director/CEO of CPPE, Dr. Muda Yusuf said that the intervention provides timely relief to operators grappling with escalating and unsustainable operating costs.

He acknowledged the proactive support of the Minister of Aviation and Aerospace Development, Festus Keyamo, whose consistent engagement with industry stakeholders has been impactful and commendable.
“However, while the debt discount offers short-term respite, it does not address the deeper structural cost challenges confronting the aviation sector. The burden of multiple taxes, fees and levies imposed by key agencies, including the Nigerian Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN), and the Nigerian Airspace Management Agency (NAMA), remains excessively high,” Yusuf said.

According to him, industry estimates suggest that these charges collectively account for as much as 35 per cent of airline revenues, a level that is clearly incompatible with the thin margins typical of the aviation business.

“Nigeria’s aviation sector is too strategic to be weighed down by such cost pressures. It is central to economic connectivity, trade facilitation, investment flows, business mobility and national integration.
“The sector has also become even more critical because road travel has become increasingly unsafe in many parts of the country, compelling many Nigerians to opt for air travel as a safer alternative.”

He added that the sector continues to suffer from a persistently high airline mortality rate, largely reflecting the difficult and hostile operating environment.

RELATED NEWS

Reserves Rise by $5.47bn to $51bn

Stock Market Sheds N5.64trn In 5-day Selloff

Investors Stake N1.8trn on Fixed Income Bills

Yusuf urged the federal government to undertake a comprehensive rationalisation of aviation charges, saying that the current regime spanning ticket sales charges, cargo sales charges, passenger service charges, landing and parking fees, aircraft inspection charges, administrative and facility fees, boarding bridge charges, fuel-related charges, and import duties on aircraft and spare parts is overly burdensome, fragmented and detrimental to the sustainability of domestic airline operations.

He insisted that government support for the aviation sector must go beyond debt relief, saying that “what is needed is a comprehensive reform of the aviation cost environment to ensure that domestic airlines are not overburdened by charges that undermine investment, weaken service quality, raise ticket prices and threaten the long-term sustainability of the sector.”

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

Sani Shehu

Sani Shehu

OTHER NEWS UPDATES

Reserves Rise by $5.47bn to $51bn
Business

Reserves Rise by $5.47bn to $51bn

5 hours ago
Stock Market Sheds N5.64trn In 5-day Selloff
Business

Stock Market Sheds N5.64trn In 5-day Selloff

5 hours ago
Investors Stake N1.8trn on Fixed Income Bills
Business

Investors Stake N1.8trn on Fixed Income Bills

11 hours ago
Next Post
BUA Cement Sustains Revenue Growth By 22.1% To N355bn

BUA Cement Sustains Revenue Growth By 22.1% To N355bn

Advertisement

LATEST UPDATE

Renard: ‘I Am No Wizard’ As Tunisia Bank On Veteran Coach To Rescue World Cup Campaign

26 minutes ago

Algeria File Complain Over Referee’s Decision On Messi Tackle

33 minutes ago

Cunha Brace Fires Brazil Past Haiti To Tighten Grip On Group C

44 minutes ago

‘We’ll Go Eyeball-to-Eyeball’: Ivory Coast Vow To Challenge Germany’s World Cup Might

57 minutes ago

Saibari’s Record-Breaking Strike Fires Morocco Past Scotland

1 hour ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

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

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.