Nigeria Loses N20bn Annually to Illegal Charter Operators

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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.
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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.

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