President Bola Tinubu has called on investors across the globe to invest in Nigeria’s Aerotropolis projects promising tax breaks.
While speaking on Aircraft Leasing Company the president said the “Government welcomes major players in aircraft leasing and head lessorsto invest in Nigeria airlines to provide state of the art aircraft.
Government will ensure enforcement of contract agreement and the rights of investors and indeed all parties are protected; and Nigeria being a signatory to the Cape Town Convention will uphold international obligations.” On the issue of forex availability, the president also stated that his administration is committed to ensuring that forex is readily available to entrepreneurs as he has directed that the Central Bank of Nigeria , to hold quarterly reconciliation meetings with a view to resolve this issue.
He also said Nigeria CBN “is open to provide tax holidays to encourage existing and new entrants into the Nigerian Aviation sector. I wish to reiterate that my administration, will continue to sustain the support being given to the industry.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
APC USA warns protesters against disrupting Tinubu's visit to UNThe United States chapter of the All Progressives Congress has warned some Nigerians against a planned rally ahead of President Bola Tinubu's
Read more »
Aviation sector: Beyond Tinubu’s Abu Dhabi diplomatic stop-over, By Reuben AbatiFor more than a week, President Bola Tinubu, Nigeria’s chief foreign policy officer has been on a diplomatic offensive to New Delhi, on the sidelines of the G20 Summit hosted by India, and from Bharat, as that country is otherwise known, he has had a quick diplomatic stop-over in United Arab Emirates (UAE). Next week, […]
Read more »
I chose to be FCT Minister because Tinubu feels Nigerians' pains, will deliverThe Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said he chose to be a minister because he believed President Bola Ahmed Tinubu would
Read more »
Tinubu special investigator faults CBN audited reportsThe Central Bank of Nigeria may be asked to withdraw its audited annual financial reports which were released last month, according to findings by The PUNCH.
Read more »
- Eniola Badmus hails Tinubu as UAE lifts visa banNollywood actress, Eniola Badmus has commended President Bola Tinubu for his diplomacy that led to the United Arab Emirates, UAE, lifting its months-long
Read more »
Tinubu’s palliatives and the Biblical five loaves…When the Federal Government announced this year that it would distribute palliatives aimed to reduce the pain caused by the subsidy removal, I dismissed the plan as a practical joke. [ad]By now the term ‘palliative’, an unpopular word in Nigerian politics deployed to address a major problem, must’ve become a popular term to the common man. Whereas the development has been welcomed by hordes of uninformed plebeians, such isn’t the case with the Appollos who need a great deal of persuasion to believe the Cassandras, concerning the efficacy of President Tinubu’s palliative drugs.
Read more »