Sunday, November 23, 2025
22.1 C
Abuja

Ground Handling Firms Ask Federal Government For Tax Breaks

Imagine you’re running a business that’s essential to keeping airplanes flying safely. That’s what ground handling companies in Nigeria do. They’re the unsung heroes who take care of everything on the ground – from loading luggage and cargo to guiding planes to their gates and ensuring passengers disembark safely.

These companies are facing tough times, and they’re asking the Nigerian government for help. They’re saying that without some assistance, it’s going to be increasingly difficult for them to stay afloat and provide the services that keep the aviation industry moving.

One of the biggest challenges they face is the high cost of importing the equipment they need. Things like specialized vehicles for loading luggage, machinery for pushing planes back from the gate, and other vital tools are expensive, and the import duties (taxes) they have to pay make them even more so.

The ground handling companies are asking the government for “duty waivers,” which would essentially mean they don’t have to pay these import taxes. They argue that the government has given similar waivers to airlines, and it’s only fair that ground handlers receive the same treatment. Reducing these costs would allow the handling companies to invest in better equipment and provide even safer and more efficient services.

They’re also requesting “concessionary loans” from the Central Bank of Nigeria. These are loans with lower interest rates, which would make it easier for the companies to borrow money and invest in their businesses.

The companies argue that aviation is a vital part of Nigeria’s economy. If the government wants the economy to grow, they need to support all sectors that contribute, including ground handling. By providing duty waivers and concessionary loans, the government can create a more favorable environment for these businesses to thrive.

Read Also: President Appoint Ogunjimi As New Accountant-General

Another issue is the prices they charge airlines for their services. For a long time, ground handling companies have felt they weren’t being paid enough, especially by domestic airlines. The companies recently raised their rates, but after some negotiation with the government, they agreed to a slight reduction.

However, the ground handlers emphasize that it’s important for airlines to pay fairly for the services they receive. They point out that international airlines pay much more for ground handling services in other countries. The ground handlers have also been directed by the government to improve the welfare and salaries of their staff, a directive they have complied with, while the cost of business keeps increasing.

In the end, what the ground handling companies want is a level playing field and the support they need to continue providing essential services to the aviation industry. They believe that by working together with the government and the airlines, they can ensure a safe, efficient, and thriving aviation sector in Nigeria.

Hot this week

Representatives Demand Suspension Of DSTV Subscription Rates Increase

Many Nigerians rely on DStv and GOtv for their...

President Appoint Ogunjimi As New Accountant-General

Okay, let's break down this news about the new...

Dangote And NNPCL’s Price Battle Will Help Consumers — Rewane

In a recent broadcast on Channels Television’s Business Morning,...

Africa Holds 35% Of The World’s Newly Found Oil, According To A Report

In a significant shift in the global oil landscape,...

Companies Work Together To Support Businesses Run By Women

In a significant move to support female entrepreneurs in...

Topics

Eniola Badmus Reaffirms Her Support for President Tinubu, Sparking Reactions

Eniola Badmus, a well-known actress and Special Assistant for...

Rapper Jeriq Explains Why He Has Never Been in a Relationship

Nigerian rapper Jeremiah Chukwuebuka Ani, widely known as Jeriq,...

Album Releases: Ruger and Joeboy Face Off in a Supremacy Battle

The Nigerian music scene is buzzing with excitement and...

“Famous singer NBA YoungBoy has been released from prison.”

Popular American singer Kentrell DeSean Gaulden, better known as...

“My kind of wealth cannot be achieved through investment,” Davido proudly declared.

Nigerian Afrobeats singer David Adeleke, widely known as Davido,...

“I backed Tinubu, but the hardship is becoming unbearable,” said Cynthia Morgan.

Nigerian singer Cynthia Morgan, now known as Madrina, has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img