NCAA to Carry Out Economic and Financial Audits on the Eight Remaining Domestic Airlines

News - by RadioNow / Aug. 4th, 2022

The Nigerian Civil Aviation Authority (NCAA) has announced it is carrying out economic and financial audits of 8 remaining domestic airlines in Nigeria  

According to the Director-General of NCAA, Musa Nuhu, the audit is to determine the financial health conditions of the airlines, adding that they have commenced intensive financial and economic audits on 3 other local airlines, which will be followed by the other 5 airlines soon. 

Last month Dana Airlines had their services suspended after a financial and economic health audit was carried the regulatory authority which revealed that Dana Airlines was no longer in a position to meet its financial obligations and to conduct safe flight 

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