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Reps Threaten to Hand Over NCAA Management to EFCC Over Missing N43bn Revenue

The House of Representatives has threatened to hand over the management of Nigeria Civil Aviation Authority (NCAA) to Economic and Financial Crimes Commission (EFCC) over alleged missing N43 billion revenue generated in 2022.

Rep. James Faleke, Chairman, House Committee on Finance, issued the notice in Abuja on Monday, during the ongoing interactive session with revenue generating agencies.

The News Agency of Nigeria (NAN) reports that the records provided by Federal Airport Authority of Nigeria (FAAN) revealed that 16 million passengers were transported by local airlines in 2022.

It revealed that three million passengers were transported by international airlines.

NAN gathered that N1.28 trillion was realised from tickets sold to international passengers, out of which N64 billion represented five per cent shared by the five regulatory agencies in 2022.

It was also confirmed that the ADR16 documents, managed by Nigeria Airspace Management Agency (NAMA), showed that total of 14,572,614 passengers were airlifted by local airlines in 2021.

From the documents submitted to the Committee, NCAA declared N12.7 billion revenue from the share of the gross revenue allotted to regulatory agencies in the industry.

The lawmaker, however, said the amount was below the computed gross revenue share received by NCAA worth N66 billion realised from both revenues accrued from local and international travels for 2022.

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