Business A.M
No Result
View All Result
Thursday, March 5, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Travel

Anxiety mounts as NAMA moves to cut off airlines, airports from navigational, radar services over N5bn debts

by Admin
July 29, 2025
in Travel

Anxiety mounts as NAMA moves to cut off airlines, airports from navigational, radar services over N5bn debts

 

By Samson Echenim

 

The Nigerian Airspace Management Agency (NAMA) says it plans to cut off airlines and airports which refused to pay for the agency’s services which had turned into debt reaching several billions of naira.

The agency, on Monday said it had given a 30-day final demand notice to debtor airlines and private /state owned airports to settle all outstanding debts owed to the agency.

While the agency did not mention the tune of debt owed by the airlines and airports in the statement issued on Monday, Business a.m gathered that the debts have reached over N5 billion.

The demand notice which expires  February 28, 2020 expects all debtors to settle their indebtedness or risk sanctions.

“It will be recalled that the affected debtors had earlier been communicated with details of their respective indebtedness to NAMA but have made no tangible effort to pay,” NAMA said in the statement.

The said notice read in part, “NAMA hereby notifies debtor private /state owned airport operators and airlines that effective 28th February, 2020, our services will no longer be available for the operation of their airports or airlines as the agency can no longer keep its personnel working at airports without payment.”

“In the meantime, the affected debtors, where in doubt have been advised to liaise with the commercial department of NAMA for reconciliation and/ or clarification within the stipulated grace period,” the agency said.

Admin
Admin
Previous Post

Air France, KLM, Delta Airlines, Virgin Atlantic pull $13bn joint venture for European, American routes

Next Post

How coronavirus, oil price, dollar will impact projected growth in Nigeria’s private sector

Next Post

How coronavirus, oil price, dollar will impact projected growth in Nigeria's private sector

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria’s new tax laws could create the world’s first AI-native tax system

Nigeria’s new tax laws could create the world’s first AI-native tax system

March 4, 2026
Nigerian Exchange breaks N91trn mark as equities rally

NGX snaps rally as N101.9bn wipeout hits market cap

March 4, 2026
Oil market weighs softer U.S. demand against rising OPEC supply outlook

Oil rally pauses as U.S. jobs data offsets Hormuz war risk

March 4, 2026
Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

Gas supply disruption to OML 18 cuts power supply across 9 Abia LGAs

March 4, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria’s new tax laws could create the world’s first AI-native tax system

Nigeria’s new tax laws could create the world’s first AI-native tax system

March 4, 2026
Nigerian Exchange breaks N91trn mark as equities rally

NGX snaps rally as N101.9bn wipeout hits market cap

March 4, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M