FG Suspends Controversial $300 Helicopter Levy

The Federal Government has cancelled the enforcement of the $300 helicopter landing levies in Nigeria.

This was disclosed in a statement signed by the Head of Press, Odutayo Oluseyi, on Friday in Abuja, who said that the suspension took effect from May 30, 2024.

The suspension of the levy was announced on behalf of the Minister of Aviation, Festus Keyamo, in a statement signed by the Ministry’s Spokesman, Mr Oluseyi Odutayo.

The decision to halt the levy follows a meeting with the Airline Operators of Nigeria (AON) executives and is pending further review by a newly formed committee.

The development came as a result of the reservations by the industry stakeholders concerning the fee.

Following this, Keyamo has formed a committee comprising members from the Ministry of Aviation and Aerospace Development and its relevant agencies, Airline Operators of Nigeria, International Oil Companies, and Messers NAEBI Dynamic Concept Ltd.

This committee has been tasked with addressing the concerns raised by stakeholders and is to submit a report by the end of June 2024.

“Messers NAEBI Dynamic Concept Ltd was granted the exclusive right by the Federal Government as consultants to collect such levies, which stakeholders have expressed their reservations on the appropriateness of the levies.

“The recommendation(s) of the Committee would proffer a way forward,” the statement partly read.