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Airfares

Aviation

Airfares may rise as NAMA set to raise levy by 800%

Amid complaints by the Airline Operators of Nigeria over multiple taxation, the Federal Government has expressed its intention to further raise its charges. The Managing Director of the Nigerian Airspace Management Agency, Umar Farouk, announced this on Friday at the…

NewsDirect
July 26, 2024

Business

Airfares may skyrocket as IATA sets the exchange rate at $1 to N770

By Seun Ibiyemi There are strong indications that international airfares, especially on the Nigerian routes, may skyrocket once again as the International Air Transport Association (IATA) has, on Wednesday, pegged $1 to N770. Already, the inability of international airlines to…

NewsDirect
June 22, 2023