Foreign Airlines and Companies Owe Nigerian Airspace Management Agency Over N67 Billion in Outstanding Charges

Pollyn Alex
0


The Nigerian Airspace Management Agency (NAMA) is grappling with a significant debt burden, as foreign airlines and other organisations owe the agency more than N67 billion in unpaid navigation and related charges as of April 30, 2026.


According to NAMA’s Credit Control Records, the agency is owed N34.69 billion in domestic receivables and approximately $49.48 million in foreign receivables. At current exchange rates, this combined debt exceeds N67 billion, placing considerable financial strain on the critical air navigation service provider.


Major debtors include the Federal Airports Authority of Nigeria (FAAN) with N23.94 billion, alongside several domestic airlines, state governments, and corporate entities. On the foreign side, international operators collectively owe over $21.84 million, with the total foreign debt profile surpassing $49 million. 


This mounting indebtedness threatens operational efficiency, infrastructure upgrades, and industrial harmony within Nigeria’s aviation sector. NAMA relies on these revenues to sustain safe and efficient airspace management services vital for the nation’s connectivity and economic growth.


Statement from NAMA Stakeholders: Aviation unions and industry observers have raised concerns, urging prompt settlement of these debts to prevent disruptions and ensure NAMA can continue delivering world-class air traffic services without compromise.


The Nigerian Airspace Management Agency calls on all debtors domestic and international  to settle their outstanding obligations in the interest of sustained aviation safety, growth, and sector stability. The agency remains committed to dialogue and structured repayment plans where necessary, while emphasising the need for stricter enforcement of payment terms.


NAMA continues to work closely with regulatory authorities, including the Nigerian Civil Aviation Authority (NCAA), to address these challenges and safeguard the future of Nigeria’s aviation industry.

Tags

Post a Comment

0Comments

Post a Comment (0)

#buttons=(Ok, Go it!) #days=(20)

Our website uses cookies to enhance your experience. Check Now
Ok, Go it!