ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

    Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

    US Lawmaker Alleges Security Complicity in Nigeria Attacks

    US Lawmaker Alleges Security Complicity in Nigeria Attacks

    Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

    Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

    FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

    FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

    Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism

    Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism

    Nigeria's Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal

    Nigeria’s Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal

    ‘Nigeria Drifting Toward Crisis’ — Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty

    ‘Nigeria Drifting Toward Crisis’ Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty

    Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot

    Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot

    OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter

    OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

    Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

    US Lawmaker Alleges Security Complicity in Nigeria Attacks

    US Lawmaker Alleges Security Complicity in Nigeria Attacks

    Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

    Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

    FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

    FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

    Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism

    Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism

    Nigeria's Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal

    Nigeria’s Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal

    ‘Nigeria Drifting Toward Crisis’ — Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty

    ‘Nigeria Drifting Toward Crisis’ Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty

    Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot

    Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot

    OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter

    OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Esther ad
Home News Bite

AIRPORT TOLLS: Nigeria Lost N10 Billion In Revenue Under Old Rules -Keyamo

Madukwe Nwabuisi by Madukwe Nwabuisi
May 16, 2024 - Updated on May 24, 2024
in News Bite
Reading Time: 3 mins read
0
AVIATION: Senate Summons Keyamo Over Surge in Domestic Airfares

Festus Keyamo

0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that the Federal Government lost 82 per cent which is equivalent to N10 billion in revenue that ought to accrue from airport tollgates under old rules.

Keyamo revealed this to State House correspondents on Tuesday at the end of a two-day meeting of the Federal Executive Council.

The minister lamented that the ministry accumulated 82 per cent in the negative from the complimentary e-tags printed by the ministry, noting that 82 per cent of the e-tags are given free of charge to VIPs.

He stated, “Let me give you the shocking statistics. The negative figure that we get at the end of the day from the complimentary e-tags is 82 per cent, in the negative.

“In other words, where we are supposed to have a 100 per cent contract on the e-costs from these e-tags that we print, it is only 18 per cent that we now end up selling. That is how bad it is. 18 per cent and 82 per cent of these e-tags are given out free of charge to VIPs. So, imagine the loss in my sector, and I ask myself,’Which other sector will I go to that they give me anything free?’

“Is it because I’m a VIP that you say that in FCT, I should not pay land charges that you waive it for me? I pay for that sector. I pay for power. Yes, I pay for everything. So, why would anybody now come to my own sector and want to get free passage? Not possible. That is how bad it is.”

RelatedPosts

Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

Trump Says China Pledged Not to Arm Iran Amid Rising Tensions

April 15, 2026
US Lawmaker Alleges Security Complicity in Nigeria Attacks

US Lawmaker Alleges Security Complicity in Nigeria Attacks

April 15, 2026
Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

Nigeria Turns Net Petrol Exporter as Dangote Refinery Boosts Output

April 15, 2026

He added that free e-tags to the VIPs had in the past led to the loss of billions of naira.

“So this has led in the past to loss of billions of naira, not millions, annually. Yet, our airport infrastructure, you know, is decaying. I am helpless. I’m looking for concessionaires. I’m looking for help with decaying infrastructure.

“They will be the first to cry out, these same VIPs – ‘why are the toilets like this? Why are your toilets smelling? Why can’t you do this?’ They are the same people, but they don’t pay for the services. So, if we want improved infrastructure at the airport, we must pay for services,” he said.

The minister lamented that due to the policy of exemption, the ministry makes only about N100 million instead of making about N260 million from a particular airport gate every month.

“I’ll give you another example. In one of the access gates, based on the count of the barrier going up and down, we are supposed to be making N250m or 260 million from that gate every month. That gate, because of exemptions, the return to us is less than N100 million every month,” he added.

To end the loss, the FEC decided that the president, vice president, and other top government functionaries would start paying access fees or the e-tag at all 24 federal airports across the country.

Prior to this development, the president, vice president, and some government officials were exempted from paying access fees at the airports’ gates.

Madukwe B. Nwabuisi
Madukwe Nwabuisi

Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.

Tags: AIRPORT TOLLSKeyamo

Related Posts

FG Warns 226 LGAs at High Risk of Severe Flooding in 2026
News Bite

FG Warns 226 LGAs at High Risk of Severe Flooding in 2026

April 15, 2026
Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism
News Bite

Governor Dauda Lawal Receives Nigerian Air Force Delegation in Gusau to Strengthen Security, Combat Terrorism

April 15, 2026
Nigeria's Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal
News Bite

Nigeria’s Debt Burden Surges to ₦159.28 Trillion, New DMO Figures Reveal

April 15, 2026
‘Nigeria Drifting Toward Crisis’ — Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty
News Bite

‘Nigeria Drifting Toward Crisis’ Peter Obi Slams Tinubu Administration Over Soaring Debt, Rising Poverty

April 15, 2026
Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot
Sports

Okoye Shines as Udinese Keeper Earns Serie A Team of the Week Spot

April 15, 2026
OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter
News Bite

OPM Founder Promises Lifetime Support to Suitor Willing to Marry Autistic Daughter

April 15, 2026
Load More
Apples Bite Int'l Magazine

Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

© 2025. All Rights Reserved. ApplesBite International Magazine. Designed by DeedsTech.

No Result
View All Result
  • News Bite
    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us

© 2025. All Rights Reserved. ApplesBite International Magazine. Designed by DeedsTech.