Business
2013 Budget: Zero Tarrif Excites Stakeholders
Stakeholders in the aviation sector have in Lagos lauded
President Goodluck Jonathan for announcing that there would be zero tariff on
newly imported aircraft and spare parts.
Jonathan said this during his 2013 budget presentation to
the National Assembly on Wednesday.
The stakeholders, in interviews with our correspondent
described the announcement as a welcome leap for the growth and development of
the sector, the good of the country and the West African sub-region.
The Secretary General, Airlines Operators of Nigeria (AON),
Alhaji Mohammed Tukur, said, “this is what the AON has been fighting to achieve
for the industry for several years.
.“This shows that the present administration is a listening
one , concerned about the safety and security of its citizens and is thus doing
the right thing.
“Granting zero tariff for the importation of new aircraft
and spare parts is what is obtainable all over the world”.
He recalled that the retired Air Chief Marshal, Paul Dike
Committee set up by the former President Olusegun Obasanjo’s administration
after Bellview, Sosoliso and ADC Airlines aircraft crashed, also made similar
recommendations.
“That was what other committees set up after it had also
been recommending as the way forward for the aviation sector”, Tukur said.
.He also commended the Minister of Aviation , Princess
Stella Oduah, for believing and supporting the cause that the AON has been
fighting for and seeing it to reality.
Also, retired Capt. Dele Ore of the Aviation Round Table
(ART), a non-governmental organisation (NGO in the aviation sector, commended
the announcement as part of the successes of ART to national development.
He recalled that ART had over the last 10 years been in the
fore front of the struggle for the actualisation of zero tariff for imported
new aircraft and spare parts.
“We at ART congratulate the president on this noble gesture
because in the 52 years of the existence of the aviation sector in Nigeria,
this is the greatest and most vibrant decision to be taken by any administration,”
Ore said.
He advised the FG to set up a monitoring team that would
ensure that operators do not import fake or substandard aircraft and spare
parts into the country.
“With that, operators would not abuse the policy which I
consider as the first major relief and waiver to be granted by the FG to
improve the growth and development of the sector.
.“ I think that the FG would think of coming up with other
relief measures that would include the establishment of aircraft maintenance
hangars in the country, if this one is not abused,” he said.
Ore, also suggested that the Nigeria Customs Service and the
Nigeria Immigration Services (NIS) should be saddled with the responsibility of
ensuring that only genuine aircraft and spare parts were imported into the
country.
.“Through that, both the aircraft operators and passengers
would enjoy the benefits that would accrue from it, such as reduction in
passengers air fares, ” Ore said.
Also, President, Air
Transport Service Senior Staff Association of Nigeria (ATSSSAN), Mr Benjamin
Okewu, said that the policy, if well implemented, would bring a new lease of
life to the aviation sector.
Business
Nigeria’s Gold, Other Solid Minerals Being Stolen – NEC
The National Economic Council has expanded the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control to cover illegal mining.
This is just as the council raised the alarm that the nation’s solid minerals, including gold, are being mined and stolen.
Imo State Governor, Hope Uzodimma, who chairs the committee, disclosed this while briefing State House correspondents after the 153rd NEC meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, yesterday.
Uzodimma said the expanded mandate is part of the government’s efforts to curb resource theft and increase revenue from Nigeria’s solid minerals sector.
“The National Economic Council Ad-hoc Committee on Crude Oil Theft Prevention and Control, which I chair, presented an interim report today to the Council.
“NEC received our report with satisfaction and expanded our Terms of Reference to now also take interest in solid minerals, because our solid minerals are being mined and stolen and not adding to national revenue,” said Uzodma.
He noted that the expanded role would enable the committee to coordinate with the Ministry of Solid Minerals Development and other federal and subnational institutions to combat widespread illegal gold mining and other forms of mineral smuggling that have deprived the country of much-needed foreign exchange.
“Going forward, our committee, working with other government agencies, will look at how to ensure that the revenue of the country arising from solid minerals like gold and other forms of solid minerals are not allowed to be stolen,” the governor added.
NEC’s Ad-hoc Committee on Crude Oil Theft Prevention and Control was first established under former President Muhammadu Buhari in August 2022.
It was reconstituted under President Bola Tinubu in December 2023 with Uzodinma as chairman.
The committee was initially mandated to address the challenge of crude oil theft and pipeline vandalism.
Its creation followed rising oil theft that had crippled national production and forced international oil companies to shut down key pipelines.
At the time, oil production had crashed to around 700,000–800,000 barrels per day, far below Nigeria’s OPEC quota, costing the government billions of dollars in lost export revenue.
Uzodimma explained that through what he called a “collaborative approach” involving regulators, operators, and the security forces, the committee had helped raise daily crude oil production to over 1.7 million barrels per day in the past 22 months.
The governor stated, “Before May 29, 2023, when President Bola Tinubu was sworn in, our crude oil production was around 700,000 to 800,000 barrels a day.
“Working with stakeholders, the regulators, operators in the industry, and the Navy, we were able to involve all the governors of crude oil-producing states and raise different security organisations.
“You would agree with me that as I speak, daily production is now in excess of 1.7 million barrels a day, and cases of pipeline vandalism and vandalisation of oil assets have also been on the decline.”
The council, he said, was satisfied with the progress and decided to deploy the same model of intergovernmental coordination, private-sector partnership, and multi-agency surveillance to the mining sector, plagued by resource theft.
“We are determined to ensure that crude oil production and gas are properly preserved for the benefit of our citizens.
“Now, with this new directive, we will also protect our gold and solid mineral assets,” Uzodinma added.
Nigeria’s illegal mining economy, particularly in gold, lithium, and other high-value minerals, has grown into a multibillion-naira shadow industry.
According to data from the Nigeria Extractive Industries Transparency Initiative, the country loses an estimated $9bn annually to illegal mineral extraction and smuggling.
The Federal Government has linked several unlicensed mining operations to armed groups in the North-West and North-Central regions, where gold has become a source of illicit financing for bandits.
A 2023 NEITI audit also showed that over 80 per cent of mining activities in Nigeria were conducted informally, without licenses or environmental oversight.
In September 2024, the Ministry of Solid Minerals Development revoked over 900 dormant licences and announced plans for a national gold reserve policy. But enforcement remains difficult, with weak surveillance, limited manpower, and overlapping regulatory mandates.
According to Uzodimma, the expanded mandate aims to integrate the fight against illegal mining into the broader national resource protection framework previously used in the oil sector.
“We have done well,” he claimed, adding, “Among other things, we recommended that NNPC, working with security agencies and their consultants, should strengthen security in all the creeks and extend coverage to offshore regions. That will help in curtailing and supervising illegal entries and exits of vessels into our export terminals. This same spirit will now guide our solid minerals sector.”
The committee is expected to submit its first progress report on the expanded mandate at the next NEC meeting in November.
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