The Federal Government has said the aviation industry recorded an average growth of 33 per cent on domestic operations between January 2017 and June 2018.
Naija News learnt that the Minister of State, Aviation, Senator Hadi Sirika who disclosed this during an interactive earlier today said the airline investors have leveraged the zero import duty on aircraft, engines and spares as well as the abolition of VAT payments on air transportation to stabilise their operations and grow.
In 2018, airline operations generated over N15.3billion from Ticket Sales Charge (TSC) to government coffers as passenger traffic grew from the 9.2million figure of 2017 to 10.9million in 2018, representing 15.5per cent increase.
“One of the major achievements of this administration is the sustenance of safety, which has been phenomena; there has not been any air crash on a commercial airline taking human lives since we came on board,” Sirika said.
The Aviation Minister said the enabling environment provided for domestic airlines in the country had enabled five of the airlines to attain certification in the IATA Operational Safety Audit (IOSA).
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