N19 billion Debt Is Not Fraud – Airline Operators of Nigeria Counters Comment By NCAA DG 

September 1, 2022
Domestic Airplane Ticket Rises By 97.09%, As Inflation, Dollar Rate, Others Bite

The Airline Operators of Nigeria (AON) have denied claims that the umbrella body for local carriers defrauded Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and other Nigerian aviation agencies. 

Reports had emerged on Wednesday that domestic airlines defrauded the Nigerian aviation agencies, including Nigerian Airspace Management Agency (NAMA) of over N19 billion rising from ticket sales. 

Join our WhatsApp Channel

The comment was attributed to the Director-General of the NCAA, Musa Nuhu. Domestic airlines were threatened with sanction if they fail to pay within a month. 

However, the vice-president of Airline Operators of Nigeria, Allen Onyema, said the amount is a debt, and shouldn’t be mistaken as fraud. He explained that domestic airlines with bad debts have shutdown operation. 

In a statement he signed on Wednesday, Onyema said, “Our attention has been drawn to news making the rounds that the director-general, NCAA, Musa Nuhu, ‘accused airlines of defrauding government aviation agencies like the Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and the Nigerian Airspace Management Agency (NAMA) of over N19 billion while converting same to ‘personal use.” 

He further stated that, “The Airline Operators of Nigeria (AON) wishes to state its very strong reservations for such accusations and we deny very strongly that our members are defrauding or defrauding government agencies of the said amount or any amount for that matter. 

“Airline operations, worldwide, are not a cash-and-carry business. Every airline in the world owes debts which are settled as their operations go on. Nigeria is not an exception.” 

Onyema argued that owing debt doesn’t amount to fraud, hence, “We frown very strongly at the criminalisation of all Nigerian airlines as a result of the said debts.” 

Although he stressed that at no point did he hear the NCAA DG use the word to describe the situation during a stakeholder meeting, with everyone agreeing to work together to address the debts.

+ posts

Featured Stories

Latest from Business

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NGX Records Sluggish Growth As Market Cap Rises By N9.12bn

Trading was sluggish in the Nigerian Exchange (NGX) on Monday, February 2, as the all-share index (ASI) expanded slightly by 14.23 basis points. The ASI closed at 165,384.63 index, up from the 165,370.4 ASI reported on Friday, January 30.Join our WhatsApp Channel
Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Femi Otedola’s Investment In First HoldCo Now N362.48bn

Femi Otedola, the chairman of First HoldCo, has increased his stake in the financial institution by 6.32 percent, from 11.8 percent held at the end of 2024 to 18.12 percent as of December 31, 2025. In the company’s unaudited consolidated and separate
Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings
Previous Story

Trapped Funds: Emirates Airlines To Proceed On Suspension of Nigerian Flights Despite CBN Intervention

Flutterwave Says N2.9 Billion Hack Report Not True
Next Story

Kenyan Court Freezes 22 Accounts Belonging To Flutterwave, As Crackdown Continues

Don't Miss

Buhari

Bandits In Trouble As US Approves $1bn Attack Helicopters, Others For Nigeria

Bandits, kidnappers, and other criminals are now in trouble as
'N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel'

‘N259bn Anambra Budget Focuses On Key Deliverables Citizens Can Feel’

Anambra State Commissioner for Budget & Economic Planning, Ms Chiamaka