New Tax Laws Will Reduce Airlines' Costs - Oyedele
Tax reform chief Taiwo Oyedele clarifies that Nigeria's new 2026 tax laws aim to lower airline operating costs, countering claims of massive fare hikes. Details inside.
Category : Search result: VAT on aircraft
FG: New Tax Laws to Support Airlines, Not Harm Them
The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.
US Resumes Surveillance Over Sambisa Forest, Targets ISWAP
The United States has resumed daily ISR missions over Borno's Sambisa Forest with a Gulfstream V jet, targeting ISWAP. This follows recent US airstrikes in Sokoto and high-level security talks. Read the full details.
NCAA Directors Reshuffled Over Airworthiness Unit Allegations
Aviation Minister Festus Keyamo reshuffles NCAA directors amid allegations of inefficiency and compromised oversight in the critical airworthiness unit. Learn the details and safety implications.
NCAA Reshuffle Over Safety Lapses in Airworthiness Unit
A major reshuffle of top NCAA directors is tied to allegations of compromised safety oversight in the airworthiness department. Read the full investigation into the regulatory lapses.
Nigerian Air Force C-130 Makes Safe Stop in Gambia
A Nigerian Air Force C-130 transport aircraft has safely landed in Banjul, The Gambia, during a ferry flight to Portugal for scheduled maintenance. All personnel are safe.
Macron Announces New French Nuclear Aircraft Carrier
French President Macron approves construction of a new, larger nuclear-powered aircraft carrier to replace the Charles de Gaulle, announcing the move during a visit to French troops in the UAE.
Missing Boeing Plane Found After 13 Years, Air India Fined
Air India located a Boeing 737 it lost track of in 2012, parked at Kolkata Airport. The airline paid a massive parking fine of nearly 10 million rupees. Read the full story of this aviation oversight.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
Reps to Probe Nigerian Aircraft Detention in Burkina Faso
The House of Representatives resolves to investigate the detention of a Nigerian military aircraft and personnel in Burkina Faso. Lawmakers call for urgent diplomatic action via ECOWAS and AU frameworks for their release.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
House Probes Detention of Nigerian Air Force Crew in Burkina Faso
The House of Representatives investigates the detention of 11 NAF personnel in Burkina Faso, mandates committees to secure their release. Diplomatic efforts ongoing.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Nigeria Sends Fighter Aircraft to Benin Amid Coup
Nigeria has deployed fighter aircraft to Benin Republic for surveillance following a military coup that ousted President Patrice Talon. Read the latest on regional security implications.
Military Jet Crashes in Niger State, Pilots Safe
A Nigerian Air Force jet crashed near Karabonde in Niger State. Eyewitnesses confirm both pilots ejected safely before impact. No official statement yet. Follow for updates.
Military Jet Crash in Niger: NAF Explains Incident
A Nigerian Air Force Alpha Jet crashed shortly after take-off from Kainji Base. Both pilots ejected safely, steering the aircraft away from populated areas. An investigation is underway.
Nigerian Air Force Jet Crashes, Pilots Survive
A Nigerian Air Force Alpha Jet crashed in Niger State on December 6. Reports indicate both pilots survived after ejecting. The military has yet to issue an official statement. Read the latest details.
Military Jet Crashes in Niger State, Pilots Survive
A Nigerian Air Force jet crashed near Karabonde in Niger State's Borgu LGA. Eyewitnesses confirm both pilots ejected safely before impact. No official statement yet. Read the latest details.
Court Stops Sale of Embraer Aircraft, Demands Explanation
A High Court in Abuja has issued an interim order blocking the sale of an Embraer EMB-145LR aircraft. Justice M. A. Madugu ordered the defendants to show cause within seven days. Read the full details of the legal dispute.
Summit Charts Path for Nigeria's Transport Sector Renewal
Stakeholders at the Nigeria Transport Infrastructure Summit 2025 advocate for tech-driven innovation and urgent financial reforms to revive Nigeria's ailing transport sector and boost economic growth. Read more.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Nigeria's IBUAM to get 30 training aircraft in 3-year deal
Isaac Balami University of Aeronautics signs MoU with Auxano Aviation for 30 Jabiru J430 planes to expand pilot training capacity. Delivery starts this December.
US Firm Withdraws Nigeria's Presidential Jet from Sale
The planned sale of Nigeria's presidential jet hits a snag as the US marketing firm, JetHQ, delists the aircraft. Get the latest details on this developing story.
IBUAM Seals Deal to Buy 30 Aircraft, Keyamo Attends
IBUAM signs MoU with Auxano Aviation for 30 Jabiru aircraft to boost pilot training. Minister Festus Keyamo hails the deal at the Nigeria International Airshow. Full delivery expected by 2027.
Presidential Boeing 737-700 Withdrawn from Sales Platform
The Tinubu administration's plan to sell a presidential jet hits a snag as US firm JetHQ delists the aircraft. Get the full story on the government's cost-cutting move.
Airbus cuts 2025 delivery forecast over A320 panel quality issue
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
Nigeria to Start Making Aircraft Parts, Aims for $2.58bn Revenue
President Tinubu announces plans for local aircraft component manufacturing, aiming to make Nigeria West Africa's aviation hub. Passenger traffic is projected to hit 25.7 million by 2029.
Nigeria Hosts First International Airshow for Aviation Centenary
Nigeria marks 100 years of aviation with its first-ever International Airshow in Abuja, backed by Flybird AMSL & Minister Keyamo. Discover how this event bridges Africa's connectivity gaps.
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