Federal Government report losses exceeding N120 billion in revenue over the last ten years due to unauthorized charter activities

 

The Ministerial Task Force on Illegal Private Charter Operations has disclosed that the Federal Government has incurred losses exceeding N120 billion in revenue over the last ten years due to unauthorized charter activities, regulatory gaps, and insufficient enforcement by the Nigerian Civil Aviation Authority.

The report, referenced by the PUNCH and commissioned by the Minister of Aviation and Aerospace Development, Festus Keyamo, underscores issues such as security violations, inadequate interagency collaboration, and outdated regulations that hinder the sector's advancement.

The findings indicate that Nigeria has forfeited approximately N120 billion in statutory revenue from this sector over the past decade as a result of these regulatory deficiencies.

Prominent entities mentioned in the report include Arik Air Ltd, BUA International Limited, Dominion Air Limited, Executive Jets Services, Max Air Ltd, Rivers State Government, Julius Berger Nigeria Ltd, and Nestoil Plc.

In response to these findings, the task force has proposed several initiatives aimed at mitigating illegal operations and restoring order within the industry. A significant recommendation involves the closure and reorganization of the General Aviation Terminal in Abuja to rectify critical security vulnerabilities.

Furthermore, the contentious 22-year aircraft age restriction, which has faced criticism for being arbitrary and detrimental to industry growth, is slated for repeal.

The task force has also stressed the importance of enhancing oversight by the Nigerian Civil Aviation Authority to ensure comprehensive compliance with aviation regulations by all operators.

To improve accountability, a licensing framework for air charter brokers will be established to increase transparency within the sector.

The report concludes that by implementing these measures, Nigeria can restore regulatory integrity, improve safety, and position its aviation sector for sustainable growth and global competitiveness. Nevertheless, aviation experts have expressed skepticism regarding the task force's effectiveness, contending that without rigorous enforcement, illegal activities are likely to continue.