Nigeria Loses N20bn Annually to Illegal Charter Operators

-
090914F1-Osita-Chidoka-Mini.jpg - 090914F1-Osita-Chidoka-Mini.jpg

The federa government loses N20 billion annually through privately licensed aircraft, which are used to operate illegal charter service, investigations have revealed.
These losses are incurred because illegal operators do not pay 5 per cent ‎charge, which amounts to about N35 billion annually and they have 70 per cent of the charter market.
Averagely, charter operators clock about 40 hours of flight daily and one hour charter service costs about $7000 (N1.4 million)and this and other charges are not paid to government.
Continue...

The illegal charter operators largely use foreign registered aircraft with foreign crew so Nigeria does not benefit from their operations in terms of manpower or revenue to government.
Inside sources said no other country in the world allows a situation whereby a foreign registered aircraft would be given licence to operate for six months by NCAA and the aircraft will just stay at the airport to pick passengers and collect their money cash at the tarmac.
Besides, the whole money is remitted 100 per cent overseas without anything accruing to the country.

Comments

Post a Comment

Popular posts from this blog

Nkiru Sylvanus returns in "The Voice"

-
Image
                                                           Nollywood actress, Nkiru Sylvanus, will make her return to the film industry in a new psychological thriller titled “The Voice” The movie is set to premiere on 13th of July at the Oriental, in Lekki, Lagos. The movie which is directed by features Afe Olumowe, features, Kenneth Okolie, Daniel Lyold, Betty Njoku-Olumowo, Larry Morgan Briggs and Edward Form.
Read more

Ray J offers sex tape money to Kim Kardashian and Kanye West as a wedding gift

-
Image
Ray J has given Kim Kardashian his share of the 2014 profits from their sex tape as a wedding gift. The 33-year-old singer has offered his former girlfriend and her fiancé Kanye West a cheque for almost $47 000, which is the amount of money he made from the X-rated Kim Kardashian Superstar video - which was filmed when they were dating in 2007 - between January and April this year. According to gossip website TMZ, Ray picked up $6135.60 in January, a staggering $20 097.31 in February, $9 674.76 in March, and $10 931.52 in April, and under the deal signed with Vivid Entertainment - who say the tape has made an estimated $50m to date - she is entitles to royalties at least the same as her former lover. It is unclear as yet whether Kim - who has 10-month-old daughter North with Kanye - will accept the gift, but if she doesn't, the singer has pledged to donate it to her favourite charity. It was previously claimed that Kanye - who is set to marry the Keeping Up with the Kar
Read more

America and Arab allies launch 50 strikes on terrorist group's Syrian heartland and warns its fanatical leaders 'this is only the beginning'

-
Image
                       America and five Arab countries have launched dozens of air strikes against Islamic terrorist group ISIS, killing at least 20 militants and blasting a series of its bases. The attacks - described as 'shock without awe' - began early this morning local time, with Tomahawk missiles, B1 bombers, F16, F18 and F22 strike fighters and drones involved. American air power was backed by 'participation or support' from Saudi Arabia, Bahrain, Qatar, Jordan and the UAE - a coalition of nations that has agreed to assist with the destruction of ISIS. Continue...
Read more