Ojikutu picks holes in $8bn avi­a­tion con­tri­bu­tion to GDP

Daily Trust - - BUSINESS - From Ab­dul­la­teef Aliyu, La­gos

An avi­a­tion ex­pert, Group Capt. John Ojikutu, said go­ing by the fig­ure of $8 bil­lion de­clared by the In­ter­na­tional Air Trans­port As­so­ci­a­tion (IATA) as the con­tri­bu­tion of avi­a­tion to the na­tion’s Gross Do­mes­tic Prod­uct (GDP), there are fears the govern­ment is be­ing short­changed.

IATA had said over the week­end that air trans­port in Nige­ria sup­ported 650,800 jobs in­clud­ing tourism-re­lated em­ploy­ment, while con­tribut­ing US$8.2bn to the GDP.

Re­act­ing to the fig­ure, Ojikutu noted that the de­clared air­lines’ earn­ings from tick­ets and cargo sales for 2015 and 2016 were N385bn and N330bn re­spec­tively as against $8bn or N2.1tr de­clared now to them by IATA.

He said, “I am won­der­ing if the govern­ment is not be­ing se­ri­ously short­changed by the air­lines or/and govern­ment/IATA agents that are help­ing to col­lect TSC (ticket sale charge) and CSC (cargo sale charge) from the air­lines.

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