The Federal Government is considering a new seat-for-debt arrangement that would allow indebted domestic airlines to settle outstanding obligations to aviation agencies with flight tickets instead of immediate cash payments.
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NAMA Seeks Bigger Share of Aviation Revenue, Pushes for 56% Allocation to Strengthen Airspace Safety
The Nigerian Airspace Management Agency (NAMA) has asked the National Assembly to significantly increase its share of the aviation industry’s statutory 5 percent revenue, arguing that rising operational costs are