$300 Helicopter Levy On Oil Coys May Hike Petrol, Diesel Prices …Stakeholders Question Purpose Of $300 Per Landing Charge

LAGOS – There are indications that the prices of oil products may once again skyrocket in Nigeria, following the imposition of $300 helicopter landing levy on oil companies operating in the rigs by the Ministry of Aviation and Aerospace Development.

Also, experts in the Nigerian aviation industry have questioned the choice of NAEBI Dynamic Concepts as the con­tractor for the collection of the $300 helicopter levy from oil companies, wondering if its selection was passed by the National Assembly or received the approval of the Federal Executive Council (FEC).

They also declared that only the Ni­geria Civil Aviation Authority (NCAA) has the right to approve any new charges or levies for operators in the industry and called on the ministry to rescind its decision.

But Mr. Festus Keyamo, the Minister of Aviation and Aero­space Development, has said that the levy was an additional means of generating revenue by the Fed­eral Government.

Besides, there are indications that the affected oil companies may not have been contacted about the directive two weeks after it was issued.