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Billions Lost Due To Airport Toll Exemptions In Past Administrations, Keyamo Reveals
Billions Lost Due To Airport Toll Exemptions In Past Administrations, Keyamo Reveals
The Federal Government has reportedly suffered a revenue loss of N10 billion from airport tollgates under previous administrations, according to revelations made by the Minister of Aviation and Aerospace Development, Festus Keyamo.....KINDLY READ THE FULL STORY HERE▶
Speaking to State House correspondents after a two-day meeting of the Federal Executive Council (FEC), Keyamo lamented that the aviation ministry incurred an 82 percent deficit from complimentary e-tags, with 82 percent of these tags distributed free of charge to VIPs.
Keyamo disclosed that due to this exemption policy, the ministry’s revenue from a particular airport gate was reduced to about N100 million monthly instead of the expected N260 million.
Expressing concern over the significant revenue shortfall, Keyamo emphasized the need for fairness in fee collection, stating that VIPs should not be exempt from paying access fees, especially considering the deteriorating airport infrastructure.
He highlighted the paradox of VIPs demanding better airport facilities while benefiting from free services, stressing the importance of paying for services rendered.
In response to the staggering loss, the FEC resolved that the president, vice president, and other top government officials would no longer be exempt from paying access fees or using e-tags at all 24 federal airports nationwide.
This decision marks a departure from the previous practice where certain government officials enjoyed exemption from airport access fees, signaling a shift towards equitable fee collection to address revenue losses and improve infrastructure maintenance at airports.
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