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Zero Tariffs to Boost Domestic Airlines

26 Oct 2012

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Dr Harold Demuren, NCAA DG



The Chief Executive Officer of  Overland Airways,  Mr. Edward  Boyo,  has said that domestic airlines would next year  safe huge resources  presently spent on Customs Duties  as the Federal Government  has introduced zero tariffs on aircraft and spares.

He also commended the  contributions of  the Minister of Aviation, Mrs. Stella Oduah and that of the Director-General of the Nigeria Civil Aviation Authority (NCAA), Dr Harold Demuren, for the abolition of import duties and value added tax (VAT) on commercial aircraft and aircraft spares.

“We thank His Excellency, Dr. Goodluck Ebele Jonathan for  considering  the recommendation of the forum of domestic airlines in the   past  years  and  removing  this  impediment  to  the growth of  domestic   airlines  in  Nigeria. This new government policy will breathe life into the operations of domestic airlines in Nigeria.  It is a welcome development,” he said.

Tags: Business, domestic airlines, Featured, Nigeria, Tariffs

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