Aviation Funding: NAMA seeks 56% share of statutory charges

…AAAU demands 10% allocation for aviation manpower development
By Gift ChapiOdekina,Abuja
The Nigerian Airspace Management Agency (NAMA) has asked the National Assembly to increase its share of the statutory five per cent aviation revenue pool from the current 22 per cent to 56 per cent, warning that the rising cost of maintaining safety-critical infrastructure is putting increasing pressure on the country’s air navigation system.
Managing Director of NAMA, Engr. Farouk Ahmed Umar, made the demand on Thursday at a public hearing organised by the House of Representatives Committee on Aviation, saying the existing revenue-sharing formula no longer reflects the scale of the agency’s st...