Aviation
FIRS Begins Vat Automated Payments System for Airlines, Others
ABUJA – The Federal Inland Revenue Service (FIRS) is to commence implementation of automated Value Added Tax (VAT) and Withholding Tax deductions at source for the Aviation industry beginning from September 2013 with extensions to other sectors such as the Telecommunication and Financial services to follow.
The Acting Executive Chairman of FIRS, Alhaji Kabir Mashi made this known yesterday in Abuja at a one-day sensitization workshop for FIRS Field Officers, Collection Agents and Banks.
The Pilot Scheme of the automation processes which is expected to go live in the third quarter of 2013 would cover other sectors such as telecommunications, power, and financial institutions.
Mashi, represented by the Coordinating Director, Direct Report Group (DRG), Mr. Onyekachi Ihedioha, also listed the automation of all our receipt processes, increase in the number of payment channels as well as the implementation of the Integrated Tax Administration System (ITAS) as among steps taken by FIRS to ensure increase tax revenue collection for the government.
He also disclosed that FIRS is collaborating with the commercial banks to make the Taxpayer Identification Number (TIN) mandatory for opening of an account and all transaction with the individuals and corporate bodies.
Mashi said “We have extended invitations to our Collecting Agents for their magnanimity in collecting and remitting taxes on behalf of the Service. Businesses now know that there is no hiding place for them anymore. Yes they can run, but they can no longer hide.
“We appreciate the level of cooperation thus far in the implementation of the Taxpayers Identification Number (TIN) system. We have achieved some significant mileage with the introduction of TIN and we hope the Banks will fully adopt the “No TIN No Account” option as we go on.”
According to him, suffice it to say that efficient revenue management entails generating the maximum level of revenue without leakages, prompt delivery of quality services to the taxpaying public and high level of transparency and accountability.
He said while part of the ITAS project focuses on Taxpayers Registration using TIN, the Filing and Registration and Returns Processes, Payment Processing was being addressed by the collection automation project.
An Abuja-Accra flight experienced technical difficulties mid-air on Friday, forcing it to return to Abuja, shortly after departure.
The Nigerian Safety Investigation Board (NSIB) made the disclosure in a statement, adding that it has launched investigation into what it described as a serious accident.
Director, Public Affairs and Family Assistance, NSIB, Bimbo Olawumi Oladeji stated that preliminary investigations revealed the aircraft experienced an engine number two indication issue.
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It was gathered that the aircraft, with registration number 5NKAL which was operating a flight from the Nnamdi Azikiwe Airport, Abuja (DNAA), to Kotoka International Airport, Accra (DGAA).
She explained that four persons were onboard when the incident occurred. The crew immediately requested for a diversion back to Abuja due to the engine indication.
Oladeji added that the crew managed to safely land the aircraft at Abuja Airport at 18:16 UTC.
There were no injuries reported, and all individuals on board are safe.
Nigeria has acquired 12 pre-owned Alpha Jets from the French Air Force as part of efforts to enhance the operational capacity of the Nigerian Air Force (NAF).
The deal, facilitated through SOFEMA, a French military and aeronautics company, was announced by Olusegun Dada, Special Assistant to President Bola Tinubu on via X on Thursday.
He said, “All the 12 aircraft are ready for shipping.”
The Alpha Jet, a product of Franco-German collaboration, is a versatile military aircraft designed for light attack and advanced training missions.
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Equipped to carry bombs, rockets, and missiles, the aircraft also features a gun pod for close air support.
The NAF already operates 11 Alpha Jets, but this latest procurement signals a significant boost to its fleet.
Dada also confirmed that the Air Force is expecting 24 M-346FA light attack aircraft, ordered during the administration of former President Muhammadu Buhari.
The first batch of these Italian-made aircraft is expected to arrive early next year.
Air Chief Marshal Hasan Abubakar, the Chief of Air Staff, described the acquisitions as a testament to President Tinubu’s commitment to bolstering the armed forces.
“This renewal of our aircraft fleet reflects the government’s commitment to ensuring the safety and security of Nigerians,” Abubakar said.
The announcement comes on the heels of President Tinubu’s three-day state visit to France, where he met with French President Emmanuel Macron.
The visit, which took place from November 27 to November 30, highlighted deepening ties between the two nations.
To ensure the sustainability of its expanding fleet, the Air Force has proposed establishing a local maintenance hub.
Speaking in October, Abubakar noted that six units of the M-346FA aircraft were already in production, with the initial batch of three expected to be delivered in early 2025. The full fleet is projected to arrive by 2026.
“These developments underscore the importance of creating a domestic support system for the long-term upkeep of our aircraft,” Abubakar added.
As the holiday season draws near, Aero Contractors has introduced a minimum ticket price of N80,000 for all local flights.
The move, which will last until January 2024, aims to ease the financial burden on Nigerians amid the high cost of living.
Ado Sanusi, Managing Director of Aero Contractors, made the announcement on Tuesday during a press briefing, describing the fare reduction as a gesture to help Nigerians celebrate Christmas and the New Year without the stress of steep ticket prices.
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Sanusi said, “We understand the economic hardship Nigerians are facing, especially with high ticket prices, and we know the holiday season is nearby.
“In the spirit of Christmas, Aero Contractors has introduced what we call pocket-friendly Christmas prices. These fares, starting at N80,000, will apply to all our destinations, allowing Nigerians to travel without excessive costs.”
As of Tuesday afternoon, an economy class ticket from Lagos to Abuja was priced at N99,643, while business class tickets were being sold for N189,167.
Sanusi further explained that the initiative was designed to make it easier for families to reunite during the holidays.
“This is a way for us, as an organization with a long history of serving Nigerians, to give back to our loyal customers. We want to make it possible for families to meet their loved ones during this festive season without worrying about exorbitant travel costs,” he added.
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