ABUJA, Nigeria -The National Union of Air Transport Employees (NUATE) urges the federal government to review the 50% Treasury Single Account deduction imposed on aviation agencies, warning the policy threatens sector growth.
NUATE National President, Ben Nnabue raises the concern during an interview with journalists in Lagos on Saturday, explaining that four key aviation agencies are affected: the Federal Airports Authority of Nigeria (FAAN), Nigeria Civil Aviation Authority (NCAA), Nigerian Airspace Management Agency (NAMA) and the Nigerian College of Aviation Technology (NCAT).
He argues that allowing the agencies to retain more of their internally generated revenue would accelerate airport development.
“That is the first issue we have to resolve, so that the money we make in the airport will be used to manage the airports and build new structures,” Nnabue says.
The union leader also highlights progress on workers’ welfare, revealing that new conditions of service agreements have been signed with airlines including Emirates, Ethiopian Airlines, SACHO, and NAHCO.
Nnabue commends Aviation Minister Festus Keyamo and FAAN Managing Director Olubunmi Kuku for efforts to reposition Murtala Muhammed International Airport.
He also notes that the Enugu Airport concession agreement protects workers by ensuring they remain FAAN employees with full benefits.
