Minister of Aviation and Aerospace Development, Festus Keyamo has approved the suspension of the planned 800 percent increase in navigational charges by the Nigerian Airspace Management Agency, NAMA.
Abdullahi Musa, the spokesperson for the agency, disclosed this in a statement on Monday.
He explained that the suspension was on the grounds of what the Minister, Keyamo described as “current economic challenges faced by Nigerians”.
According to him, Keyamo stressed the need for further consultation before implementing any changes.
Earlier, it was reported that the NAMA boss, Umar Farouk blamed the planned hike on the significant economic pressures faced by the aviation industry, exacerbated by global economic volatility, fuel price hike, and currency instability.
He proposed to increase NAMA’s fees by 800 percent from September 1, 2024.
