This website uses cookies to ensure a better experience. By using our service, you accept the use thereof. Click to view more information about cookies

VAT: Airlines count losses over Customs implementation delay Ikeja

Posted by Sunmola Olalekan Private Ikeja
Price: NGN 10
Nigerian airlines have expressed their misgivings over Nigerian Customs Service (NCS) delay to implement President Muhammadu Buhari’s Executive Order on the removal of Value Added Tax (VAT) from all forms of shared transportation taxes paid by local operating in the country. This comes as the Minister of State for Aviation, Mr. Hadi Sirika, announced that the local airline industry recorded a 30 per cent growth in passenger patronage in 2018.
Sirika, who was speaking at an aviation stakeholders forum in Lagos at the weekend said passenger patronage grew in the last one year from 15 million to 18 million with the Lagos and Abuja airports gradually emerging as hubs in the West African sub-region. “More people are now flying in Nigeria and the country has recorded an average growth of 30 per cent on the domestic route,” Sirika said. However, the Secretary to the Airlines Operators of Nigeria (AON), Mr. Iroro Ewos, speaking at the same event, said growth would have appreciated if Customs and the Federal Inland Revenue Services (FIRS), had executed a government directive to abolish VAT payment by local airlines to free up more funds for investments in more aircraft acquisition and routes expansion within and outside the country.

Source: The Sun News

Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O ,
✔ Do not forget to mention AFRIBABA during your call!
✔ Click below to contact this advertiser ( Sunmola Olalekan)
Share this ad
Contact the advertiser
Loading...
Posting ref : NG-A36645 computer
For a better visibility, place your ad in VIP
Report any scams attempts
100% 1
0% 0 dislikes
likes, 0 dislikes
afribaba.ng is not responsible for the products or services offered in the advertisements and is not responsible for the actions of the users.

Do you have something to sell, to rent, any service to offer or a job offer?

Post it at afribaba.ng, it is 100% free ✔, local ✔, easy ✔, reliable ✔ and super fast ✔
Sell, Offer, Rent, Bargain, Search, Buy all you want for free. Yes 100% free Ikeja Pro Services - Industry - Tips
Are you looking for a job? Upload your resume online at the Job search section of afribaba.ng 100% free.

Share