The plan, disclosed in a statement signed by the Customs management, aims to identify private aircraft improperly imported without required documentation.
The Customs said it aims to ensure adherence to import protocols and boost revenue generation.
Reports say the statement said that by identifying and addressing undocumented aircraft, Customs seeks to enhance regulatory compliance in the aviation industry.
According to the statement, the verification is important for maintaining the integrity of Nigeriaâs airspace and aims to streamline the import process and boost operational efficiency.
Customs said:
In addition, NCS said that the verification exercise for private aircraft in Nigeria will occur from Wednesday, June 19, to July 19, 2024.
The Customs said the verification programmes would be held at the Tariff and Trade Department Room at its service headquarters in Abuja.
The development comes amid a report that Nigerian airlines abandon their aircraft at maintenance facilities due to high costs.
ThisDay reports that over 50% of Nigerian airlines’ aircraft are parked at airports or maintenance facilities in Nigeria or overseas, leading to a reduction in capacity and a hike in airfares as the airlines continue to cut operational costs.
The development has led to fears of domestic operations being grounded at the risk of reducing operations that may negatively impact Nigeriaâs economic activities.
Analysts believe that the challenges faced by forex are responsible for development.
TimesNow.com.ng reported that foreign airlines operating the Lagos-London route have now crashed their ticket prices below the rates charged by Air Peace, the only Nigerian airline operating the route.
An earlier report by TimesNow.com.ng showed that foreign airlines had significantly reduced their fares on the Lagos-London route since Air Peace began operating it on March 30, 2024.
Experts have attributed the airfare crash to the nairaâs appreciation, but Air Peace has said that foreign airlines are trying to sabotage it.
Source: TimesNow.com.ng
