May 18, 2023. Azonuchechi Chukwu. The Federal Executive Council on Wednesday renamed the Ministry of Aviation as Ministry of Aviation and Aerospace. The Minister of Aviation, Hadi Sirika, disclosed this to reporters after the FEC meeting presided over by President Muhammadu Buhari. He said this followed the renewal of the Draft National Civil Aviation Policy |
– Concessional rates of power, water and other utilities.
– VAT on ATF 1% or less in RCS airports.
• Central Govt.-
– ATF drawn by SCA’s from RCS airports exempt from excise duty.
– SCA’s to be treated at par with SOPs for customs duty.
– Cost-effective security solutions by BCAS and state government.
2. Scheduled Commuter Airlines (SCA)
– Eligibility criteria in terms of paid-up capital to be kept at Rs 2 crore.
– Aircraft with capacity of 100 seats or less.
– No restrictions on number of aircrafts.
– Minimum movements per week to RCS destinations as prescribed.
– SCA can enter into code share with other airlines.
– Will be allowed self- handling.