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See full list of Senate Committees

Published

3 years ago

on

August 8, 2023

By

Sunday Odibashi

See full list of Senate Committees

The President of the Senate, Godswill Akpabio, on Monday announced the composition of Senate standing committees of the 10th National Assembly; in line with the senate standing rules, which provide for the establishment of special and standing committees.

Senators COMMITTEE
Chairpersons

Ahmad Lawan Defence

Aminu Tambuwal Housing

Sani Musa Finance

Solomon Adeola Appropriations

Adams Oshiomhole Interior

Godiya Akwashiki Air Force

Abdulfatai Buhari Aviation

Aliyu Wadada Public Accounts

Osita Izunaso Capital Market

Cyril Fasuyi Establishment

Seriake Dickson Ecology/Climate Change

Jide Ipisagba Petroleum Downstream

Shehu Kaka Special duties

Patrick Nwabueze Works

Abiru Tokunbo Banking

Isa Jubril Customs

Elisha Abbo Culture & Tourism

Victor Umeh Diaspora

Lawan Usman Education

Akintunde Yunus Environment

Ibrahim Bomai FCT

Abubakar Sani Foreign affairs

Banigo Harry Health

Abdul-aziz Yari Water Resources

Enyinnaya Abaribe Power

Aliyu Wammako Foreign & Local Debts

Adamu Aliero Land Transport

Gbenga Daniel Navy

Barinada Mpigi Niger Delta

Mohammed Monguno Judiciary

Yemi Adaramodu Youths and Sports

Ireti Kingigbe Women Affairs

Orji Kalu Privatization

Mustapha Saliu Agriculture

Aliyu Bilbis Communications

Asuquo Ekpenyong NDDC

Titus Zam Rules & Business

Sunday Karimi Senate Services

Okechukwu Ezea Ethics & public petitions

Shehu Buba National security & intelligence

Garba Maidoki Legislative matter

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Nigeria’s domestic aviation sector is under fresh financial pressure following the introduction of a new 5% federal levy on air tickets, intensifying concerns over rising operating costs, fragmented taxation, and expensive aircraft leasing arrangements that airlines say are threatening industry sustainability. The new levy, introduced as part of aviation revenue reforms, is collected alongside existing statutory charges imposed by multiple agencies. Airline operators say the additional deduction further compresses already thin profit margins in an industry already weighed down by high jet fuel prices, regulatory fees, and foreign-exchange–linked obligations. Industry stakeholders warn that the cumulative effect could push up ticket prices, dampen passenger demand, and worsen liquidity challenges for domestic carriers already struggling with cash flow constraints. Rising Tensions Between Regulators and Airlines The financial strain has coincided with renewed friction between the Nigeria Civil Aviation Authority (NCAA) and the Airline Operators of Nigeria (AON), following disputes over the remittance of statutory charges and the delivery of regulatory services. Operators say the situation reflects deeper systemic liquidity stress across the sector, where airlines are increasingly unable to meet overlapping obligations imposed by aviation agencies while maintaining operational stability. A Layered and Fragmented Tax System At the centre of industry complaints is what operators describe as a “multi-layered and excessive” taxation structure involving the NCAA, the Federal Airports Authority of Nigeria (FAAN), and the Nigerian Airspace Management Agency (NAMA). Airlines such as Air Peace, Ibom Air, and United Nigeria Airlines are subject to a range of compulsory charges, including the 5% ticket levy, passenger service charges, value-added tax on tickets and aviation inputs, and other operational deductions collected at different stages of the value chain. Industry players argue that the system creates cash flow distortions because several charges are collected upfront or deducted at source, leaving airlines with reduced working capital for day-to-day operations. Beyond ticket-based deductions, carriers also face landing fees, parking charges, overflight fees, navigation levies, and ground handling costs. Combined with jet fuel, which accounts for a significant share of total operating expenses, analysts say profitability on many domestic routes has been severely constrained. Leasing Constraints and Foreign Exchange Pressure Airlines’ challenges are compounded by difficulties in aircraft acquisition and leasing, which remain essential for fleet expansion in the absence of strong local financing options. Most carriers rely on wet and dry lease arrangements from international lessors. Wet leases, which include aircraft, crew, maintenance, and insurance, allow quick capacity deployment but are costly and typically paid in foreign currency. Regulatory limits also restrict their use to short-term arrangements. Dry leases offer more operational control and long-term stability but are increasingly difficult to secure. International lessors often view Nigeria as a high-risk environment due to concerns over aircraft repossession and currency volatility, resulting in higher insurance premiums, security deposits, and financing costs. As a result, airlines are frequently forced into short-term leasing agreements, exposing them to exchange-rate fluctuations and operational disruptions that contribute to flight delays and cancellations. Fuel Costs Deepen Financial Strain Jet A1 fuel remains one of the largest cost drivers in the sector, further squeezing margins across domestic routes. With fuel expenses, taxes, and leasing obligations combined, industry analysts say many airlines are operating with extremely narrow or unstable margins. Operators warn that without coordinated policy reforms, sustained profitability and expansion in the sector will remain difficult. Calls for Structural Reform Aviation stakeholders are calling on the federal government to streamline overlapping charges, review the newly introduced 5% levy, and consider removing VAT on aviation inputs to ease cost pressures. 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