Business Hilights

Tracking Nigeria's Headline Business News Online

Airline Operators of Nigeria (AON)

Reduce entry points to Nigeria to Lagos, Abuja—AON

Further to the travel ban imposed on 13 COVID-19 most hit nations by the Federal Government on Wednesday, 18 March 2020, the leadership of the Airline Operators of Nigeria (AON) has asked the Federal Government to urgently restrict landing of…

‘SAATM’ll only enrich S’Africa, Kenya cripple private sector-driven airlines’

Contrary to the general view that the open skies policy of the African Union (AU) as powered by the Single African Air Transport Market (SAATM) will deepen the operations of Nigerian domestic airlines and further provide opportunities for other service…

Airlines may embark on warning strike to remind FG on ending VAT charges

Strong indications emerged Monday revealing that there may be an underground plan by local airline operators to go on warning strike to remind the Federal Government of continued abuse of an Executive Order stopping payment of Value Added Tax on…

FAAN seals synergy with stakeholders’ to upgrade airport infrastructure

The new helmsman at the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu, have started reacting to the recent appeal to Nigeria and other African countries, by the International Civil Aviation Organisation (ICAO) on airport infrastructure upgrade. Part of…

Confusion over continued deductions of VAT upon waivers by FG on airlines

Months after the federal government, through the Ministry of Transportation had announced the relaxation of five per cent Value Added Tax (VAT) for airline operators, investigations have shown that the tax is still collected by the Federal Inland Revenue Service…

FG’s mute on ordering new aircrafts at Airshow raises fear of ‘Tokunbo’ for Nigeria Air

…As endless wait for ordered 16 locomotives, 40 coaches, 120 wagons continues Contrary to the position of the Minister of State for Aviation, Capt. Hadi Sirika that the federal government will place orders for the first five new air crafts…

VAT removal’ll spur domestic airlines to reinvest saved remittances valued at N11.6bn

Since the positive response of the federal government to the end of Value Added Tax (VAT) remittances by Airline Operators of Nigeria (AON) vide an Executive Order for the removal of Value Added Tax (VAT) from “All forms of shared…

AON: Suspended payment of VAT with facts forced FG to ban tax—Expert

Leading travels consultant, Prince Abubakar Mohammed has said that the reaction of the federal government to the announced suspension of VAT payment remittances by members of the Airline Operators of Nigeria (AON) was based on unarguable reasons adduced by the…

Local airlines begin suspension of VAT remittances today over unfair tax regime

To press home their grievances over what they observed as existing discriminatory tax regimes between foreign and local airlines operating in the country, members of the Airline Operators of Nigeria (AON), will today stop further remittances for Value Added Tax…

Why AON plans to stop paying VAT from June 14, rejects planned national carrier

More facts have emerged on why the leadership of the Airline Operators of Nigeria (AON) has fixed June 14, 2018 as the day it will cease from making remittances for Value Added Tax (VAT). AON is the umbrella body of…