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Saturday, May 24, 2025
NIGERIA FRANK NEWS
Aviation

NCAA ‎expresses serious concern over huge debt of airlines 

The Nigerian Civil Aviation Authority,NCAA has observed with serious concern the huge debts of airlines as a result of failure to settle promptly invoices as at when due.  
A statement signed by the acting general manager public affairs of NCAA, Sam Adurugboye noted that this poses serious financial challenges to the various Parastatals that benefit from the 5 percent Ticket, Charter and Cargo Sales Charges which is not paid as at when due.
He said the Authority would be pleased to see that the Airlines put plans in place towards the full liquidation of all outstanding indebtedness. 
“The settlement of those debts will go a long way in assisting Authority fulfil its statutory obligations to the Country and the world at large.
It is pertinent to point out that the Authority is fully committed to strict enforcement of compliance to safety Regulations in order to engender safe operations at all times”, Adurogboye emphasised in the statement
‎The NCAA also used the opportunity to 
wish all Airline Operators and all aviation stakeholders a happy Christmas celebration and a prosperous new year in advance.

“We thanked God for a safe operation in the outgoing  year and we looked forward to a safe and secured operation in the coming years.  Safety is a collective responsibility and we appreciate the cooperation from all stake holders, particularly the airlines towards the safe operations in the outgoing year”, the NCAA concluded in the statement.

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