Abuja - Over N2billion in revenue may have been lost by domestic and international airlines during the three days closure of the Nnamdi Azikwe International Airport for repairs, reports New Telegraph.
The closure, which resulted in the airlines re-routing or suspending their operations at the airport resulted in domestic airlines losing over N200million while foreign airlines lost over N400 million.
The fiscal impact of the closure also prevented government owned agencies like Federal Airport Authority of Nigeria (FAAN), the Nigerian Airspace Management Agency (NAMA) and the Nigerian Civil Aviation Authority (NCAA) from collecting their 5 percent remittance on each ticket that could have been sold by the airlines.
Read more at New Telegraph.
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