Sindy Foster: ECOWAS Aviation Tax Rule Threatens FAAN, NCAA Operations Without New Funding Model

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Sindy Foster, principal managing partner at Avaero Capital Partners, says removing air ticket taxes and reducing service charges could expose Nigerian aviation agencies to ā€œseriousā€ operational and regulatory risks without an alternative funding model.

 

Foster was speaking on the decision by the Economic Community of West African States (ECOWAS) to prohibit air ticket taxes in a chat with TheCable on Wednesday, warning that without a new financing model, compliance would destabilise airport operations and safety oversight.

 

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The ECOWAS first announced the plan in November 2024, aiming to reduce airfares at all airports across the subregion.

 

…..readmore:thecable.ng/sindy-foster-e…

 

…..stay tuned for more!

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