NCAA plans over N8bn for local, foreign trips
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The Nigeria Civil Aviation Authority has said it will spend N8.3bn on transportation and travels in 2024.
The agency disclosed this in the Government-Owned Enterprises budget proposal submitted to President Bola Tinubu recently.
The NCAA is the regulatory body for aviation in Nigeria. It became autonomous with the passing into law of the Civil Aviation Act 2006 by the National Assembly and the assent of the President of the Federal Republic of Nigeria.
Civil aviation is a critical element in Nigeria’s transportation system and indeed its economy.
According to data on the NCAA website, Nigeria has 20 airports and many regulated airstrips and heliports; 23 active domestic airlines; 554 licensed pilots; 913 licensed engineers and 1700 cabin personnel.
In the 2024 national budget, the Federal Government proposed N1.7tn for statutory transfers, N8.7tn for recurrent expenditure, while N9.9tn was allocated for capital expenditure
According to the GOE, the NCAA projected N372.22bn revenue and plans N272.87bn expenditure.
