The Nigerian Airspace Management Agency (NAMA) has suspended its planned 800% increase in navigational charges.
A spokesman for the agency Abdullahi Musa said the suspension was directed by the Minister of Aviation, Festus Keyamo over “current economic challenges faced by Nigerians”.
In a statement on Monday, the minister emphasised the need for further consultation before implementing any changes.
Also, NAMA boss Umar Farouk highlighted the significant economic pressures faced by the aviation industry, exacerbated by global economic volatility, fuel price hikes, and currency instability.
He outlined strategies for survival and growth, including operational efficiency, embracing innovation and technology, strengthening infrastructure, and fostering collaboration and partnerships. (Channels TV).
READ ALSO:
- 2024 CAF Awards: Again, women’s football rescues Nigeria, NFF boss hails trend
- CAF Awards 2024: Nnadozie Reacts To Goalkeeper Of The Year Win
- Lookman Elated To Win CAF Men’s Player Of The Year Award
- At 82, Buhari Wraps Up In Silence And Dignity In Daura, By Garba Shehu
- Tinubu Congratulates Lookman, Nnadozie, Super Falcons On CAF Awards
