₦airaland Forum

The Federal Airports Authority of Nigeria (FAAN) has resumed direct revenue collection at the cargo terminals of the Murtala Muhammed International Airport, Lagos.

A statement by FAAN’s Director of Public Affairs and Consumer Protection, Obiageli Orah, on Saturday said this is coming after a 15-year break.

The statement said that officials from the Directorate of Cargo Development and Services are now deployed at the cargo release points of the Nigerian Aviation Handling Company and Skyway Aviation Handling Company warehouses to supervise real-time collection of accrued cargo charges.


The statement added that the initiative had already begun to plug revenue leakages and ensure greater accountability across the air cargo value chain.

The statement reads, “The Federal Airports Authority of Nigeria has recorded a landmark achievement with the successful resumption of direct revenue collection at the cargo terminals of Murtala Muhammed International Airport, Lagos, after a 15-year hiatus.

“For the first time in over a decade, FAAN officials from the Directorate of Cargo Development and Services are now stationed at the cargo release points of the Nigerian Aviation Handling Company and Skyway Aviation Handling Company warehouses to oversee real-time collection of accrued cargo charges.

“Working in close synergy with the PTC Customs Area Command, under the leadership of Comptroller T. Awe, this intiative has already begun to plug revenue leakages and ensure greater accountability across the air cargo value chain.

“This milestone is a testament to FAAN’s renewed commitment to operational efficiency, transparency, and inter-agency collaboration to enhance revenue performance and improve the ease of doing business in Nigeria’s aviation sector.

“The breakthrough at MMIA is expected to serve as a model for replication at other airports across the country, reflecting FAAN’s vision to optimise cargo operations and unlock new streams of value for the industry.”

JASONjnr:
Good development.

Atleast FAAN was highly reputable back in the days.

Infact, I recommend this...

Removing tax from other items and putting them where it should really be.

esnbrutality:
EMPTY ruckus.

Define where the tax should be channeled to and where it should be removed from.

People, reading your post will think there is a brain UP THERE.

Petty and pathetic.

iwaeda:
https://dailytrust.com/after-15-year-break-faan-resumes-cargo-revenue-collection-at-lagos-airport/

anonimi:
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp

JASONjnr:
Good development.

Atleast FAAN was highly reputable back in the days.

Infact, I recommend this...

Removing tax from other items and putting them where it should really be.

chisomkachy:
Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.

The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.

Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.

The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.


https://www.bloomberg.com/news/articles/2023-11-02/nigeria-budgets-for-suvs-and-yachts-amid-economic-hardship

Mabuggi88:
Government of Tax.
This government wants to close all loopholes as far as tax is concerned. Look at what other previous government left since 15 years this government has revitalize it. Always putting eyes on where there's little fresh air for the citizens. Tax tax tax

esnbrutality:
EMPTY ruckus.

Define where the tax should be channeled to and where it should be removed from.

People, reading your post will think there is a brain UP THERE.

Petty and pathetic.

Mabuggi88:
Government of Tax.
This government wants to close all loopholes as far as tax is concerned. Look at what other previous government left since 15 years this government has revitalize it. Always putting eyes on where there's little fresh air for the citizens. Tax tax tax

Antiurchins:
Tinubu removed petrol subsidy which led to increase in transportation cost and virtually every other thing in Nigeria by x4.

Removed subsidy on tertiary education tuition fee for Nigerian students which led to increase in university school fees and he cunningly brought student loan, loan not grant.

Tinubu brought Telecom tax, this pushed data price up.


Tinubu wanted to implement bank tax but got paused.


Tinubu devalued Naira and unified our exchange rate which jerked exchange rate up and led to quadruple increase in commodity prices in Nigeria.


Tinubu removed subsidy on electricity tariffs and introduced band A, band B, C billing system which led to increase in electricity bill by x4.



Tinubu is introducing new tax law that will force many struggling businesses to start paying huge tax from 2026.


Tinubu has increased customs import clearing duty more than 3 times and now price of Tokunbo cars and other imported products are x 4 in price.


Tinubu introduced new vehicle ownership style whereby every owner of vehicle in Nigeria now pay to FG every year to renew the ownership of their car. So every year you pay Tinubu to verify that your car is still your car not that you sold the car to a new owner.


Tinubu is now introducing house insurance which will cause annual rent in Nigeria to increase by x2 so that people paying NGN2 million per flat in a year will now pay NGN3.5million to NGN4million once he implements the housing insurance policy and Una say this man called Tinubu should not be impeached before 2027?



Nigerians continue playing na my tribes man, e go soon clear for una eyes shocked