Politics
Nigerians React As House Of Representatives Threatens EFCC Action Over Alleged N43 Billion Missing From NCAA (Details)
Rep. James Faleke, Chairman of the House Committee on Finance, issues a warning in Abuja, stating the House’s intent to hand over the management of the Nigeria Civil Aviation Authority (NCAA) to the EFCC due to the alleged missing N43 billion…..CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

The notification was made during an interactive session with revenue-generating agencies.
The session also revealed data from the Federal Airport Authority of Nigeria (FAAN) indicating that local airlines transported 16 million passengers in 2022, with international carriers transporting three million passengers. Concerns were raised about the N1.28 trillion generated from tickets sold to overseas passengers, with N64 billion representing 5% of the total divided among regulatory bodies in 2022.
The discrepancy in the NCAA’s declared revenue of N12.7 billion, compared to the projected gross revenue share of N66 billion for 2022, further heightened legislative concerns.
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