Nigerian businesses with ambitions of being drone operators are now expected to have registered companies with minimum a share capital of 20 million naira ($100,000) according to new regulations. According to new regulations set by the Nigerian government, drone operators will have to pay for a processing fee, a security clearance and a annual utilisation fee adding to a total of $4,000 spent to gain registration of flying a drone alone; it's worth noting in the USA, it costs $5 to register a drone. The regulation also states that drones must be flown within visual line of sight at all times - which means they can't fly over people's heads or into their backyards. Amid the ban of drones earlier in the month amid safety concerns, the high costs are likely to bar developments in innovation for the industries such as agriculture, film-making and humanitarian work.
According to new regulations set by the Nigerian government, drone operators will have to pay for a processing fee, a security clearance and a annual utilisation fee adding to a total of $4,000 spent to gain registration of flying a drone alone; it's worth noting in the USA, it costs $5 to register a drone. The regulation also states that drones must be flown within visual line of sight at all times - which means they can't fly over people's heads or into their backyards. Amid the ban of drones earlier in the month amid safety concerns, the high costs are likely to bar developments in innovation for the industries such as agriculture, film-making and humanitarian work.