The Nigeria Civil Aviation Authority has said that it will spend N8.3 billion on transportation and travel in 2024.
The PUNCH reported that the agency announced this in the recently filed Government-Owned Enterprises budget proposal to President Bola Tinubu.
The NCAA regulates aviation in Nigeria and has gained autonomy after the National Assembly passed the Civil Aviation Act 2006 and the President of the Federal Republic of Nigeria gave his approval.
According to data from the NCAA website, Nigeria has 20 airports and many regulated airstrips and heliports; 23 operational domestic carriers; 554 licensed pilots; 913 licensed engineers; and 1700 cabin personnel.
In the 2024 national budget, the federal government requested N1.7 trillion for statutory transfers, N8.7 trillion for recurrent expenditure, and N9.9 trillion for capital expenditure.
According to the GOE, the NCAA expects to generate N372.22 billion in revenue and spend N272.87 billion.
The regulator suggested spending N8,342,547,767 from the proposed expenditure on “travels and transport”.
Furthermore, the GOE revealed that N3,310,009,756 was set aside for “local transport and travels for training,” while foreign transport will cost N4,317,070,233.
The document further revealed that the NCAA budgeted N715,467,778 for “local travels and others” and aims to contribute N1,935,000,000 to foreign organizations.
The agency also said it will spend N1bn on airport maintenance of physical assets and facilities.
Other expenses in the planned budget include the purchase of cars (N3,000,000,000), the purchase of furniture and office fittings (N1,352,997,000), the construction of an office building (N3,970,000,000), and the provision of power (N1,205,000,000).