The Nigerian Airspace Management Agency (NAMA) has suspended its planned 800% increase in navigational charges.
A spokesman for the agency Abdullahi Musa said the suspension was directed by the Minister of Aviation, Festus Keyamo over โcurrent economic challenges faced by Nigeriansโ.
In a statement on Monday, the minister emphasised the need for further consultation before implementing any changes.
Also, NAMA boss Umar Farouk highlighted the significant economic pressures faced by the aviation industry, exacerbated by global economic volatility, fuel price hikes, and currency instability.
He outlined strategies for survival and growth, including operational efficiency, embracing innovation and technology, strengthening infrastructure, and fostering collaboration and partnerships.
The airspace management agency had proposed an increase in its fees to sustain its operations and ensure the safety and efficiency of Nigeriaโs airspace.
The new unit rate for en-route was set to increase to โฆ18,000 from โฆ2,000 per flight while the minimum charge for terminal navigation charge was to rise to โฆ54,000 from โฆ6,000 per flight with effect from September 1, 2024.
Peoplesmind