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Aero Discloses Plans Modernize, Upgrade MRO

Aero Discloses Plans Modernize, Upgrade MRO

Managing Director of Aero Contractors, Captain Ado Sanusi has revealed plans by Aero to modernize and upgrade its Maintenance Repair Overhaul ( MRO) facility to go beyond maintaining the Boeing 737 classics to cater for the Next Generations (NGs) and ...

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Air Peace Awaits Reports On Boeing’s Investigations, Says It Won’t Cancel Orders

Air Peace Awaits Reports On Boeing’s Investigations, Says It Won’t Cancel Orders

  The Chairman of Air Peace, Chief Allen Onyema has said it is still premature for the airline to take a decision on cancelling its 737 Max 8 order stating that the airline still has time to decide. This is ...

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Amaechi’s Footprints On Transport Sector (1)

Why Nigerians Are Suffering- Amaechi

By Kenneth Jukpor Rotimi Amaechi is a man who divides opinion in the Nigerian political arena. He made some landmark achievements during his stint as the governor of Rivers state, but he triggered a national political realignment when he walked ...

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NNPC conducts tests for job applicants on June 1

NNPC Agrees to $2.5bn Financing with Chinese Lender for Pipeline Project

The Nigerian National Petroleum Corporation (NNPC) is to conduct Computer Based Test (CBT) for job applicants nationwide on June 1, 2019. The Group General Manager, Group Public Affairs Division, Ndu Ughamadu, quoted the corporation’s Chief Operating Officer (COO), Services, Isa ...

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FG released N470 billion for SIP out of N1.5 trillion budget in three years

FG released N470 billion for SIP out of N1.5 trillion budget in three years

• Shares $22m Abacha loot to poor Nigerians, Amnesty spends N65b on ex-militants Special Adviser to the President on Social Investments in the Office of the Vice President, Mrs. Maryam Uwais has disclosed that the Implementing Unit of the National ...

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Nigeria seeks fresh $1.8 billion Chinese loan for coastal rail line

West Africa targets $57b investment, integrated ports, rail sector

• Yet to commence repayment of $500m counterpart fund • Amaechi offers insight into delayed take-off of national carrier Minister of Transportation, Chibuike Rotimi Amaechi, yesterday said the Federal Government had requested a fresh $1.8 billion from the China Exim ...

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Nigeria loses $1b to corrupt MSMEs development programmes

Nigeria loses $1b to corrupt MSMEs development programmes

Latest report by the Sustainable Entrepreneurship and Economic Development Initiative (SEEDi), has revealed that Nigeria has lost over $1 billion to corruption-related Medium Small and Medium Enterprises (MSMEs) programmes in four years. The report said the amount exceeds Nigeria’s capital ...

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Shippers’ Council Holds Anti-Corruption Walk

As part of efforts to enlighten port users on the need to kick against all forms of corruption at ports, Nigerian Shippers’ Council (NSC) recently held an anti-corruption sensitization walk. Enjoy the photos!

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Nigerian waters remain high risk for criminality, says report

2019 Half Year Rating: How NIMASA, FAAN, NAMA Fared

NIMASA disagrees, says waters are safe A new report by Protection Vessels International (VPI), has described Nigerian waters as being risky for vessels with high level of criminality perpetrated by pirates and kidnappers. The PVI in its report stated that: ...

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NPA targets revenue of N276 billion this year

NPA solicits rail infrastructure for seaports

Barring any unforeseen circumstances, the Nigerian Ports Authority (NPA), is targeting revenue of about N276.75 billion from its 2019 operations. The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman, who disclosed this during the 2019 budget defence before the House ...

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FG charged to priotise empowerment above financial inclusion

FG charged to priotise empowerment above financial inclusion

While acknowledging the great efforts gone into deepening financial inclusion in Nigeria, the Federal Government has been enjoined to priotise economic empowerment of Nigerians. According to software firm, Precise Financial System (PFS), with economic empowerment, it simply means giving Nigerians ...

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Air Travel Records 18m Passengers

Air Travel Records 18m Passengers

The aviation industry has recorded an upsurge in passenger traffic, with no fewer than 18 million passengers now travelling the Nigerian airspace in a year.The surge, compared with the 2017 figures, represents about 11 per cent increase in passenger traffic. ...

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Aero Contractors Marks 60th Anniversary

Aero Contractors Marks 60th Anniversary

Aero Contractors airlines, yesterday, commemorated its 60th anniversary with several improvements  in operations and fortunes. The oldest surviving airlines in Nigeria reeled out new positives in commercial flight services, charter operations and critical maintenance services to the air travel industry. Stakeholders ...

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NCAA Issues 60 Days Ultimatum To Unregistered Agencies

16,426 Flights Delays Occur In Six Months- NCAA

The Nigerian Civil Aviation Authority (NCAA) has issued a 60-day ultimatum to all travel agents on the platform of the International Air Transport Association (IATA), to get registered with the apex regulator or face sanction. The body said the demand ...

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CBN retains lending rate at 13.5% amid inflation, slow growth

CBN limits daily standing deposit facility to N2 billion

The Central Bank of Nigeria (CBN) has kept all its monetary policy tools steady, including the benchmark interest rate at 13.5 per cent after a surprise 0.5 per cent point cut two months ago. It also retained all the other ...

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‘MTN still owes N55 billion for SIM infraction, must complete payment May 31’

‘MTN still owes N55 billion for SIM infraction, must complete payment May 31’

Following a negotiated reduction of the N1.04 trillion fine on MTN Nigeria to N330 billion and in line with the staggered payment arrangement, MTN has, so far, paid N275 billion to the Federal Government.Part of the fallout of the negotiated ...

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NNPC remits N1.26tr to federation account, PWDs seek five per cent of jobs

NNPC Agrees to $2.5bn Financing with Chinese Lender for Pipeline Project

The Nigerian National Petroleum Corporation (NNPC) yesterday told the National Assembly that it remitted N1.26tr as against the N1.22tr projected in the 2018 budget to the Federation Account in 2018.It said the corporation also recorded N41b surplus in meeting its ...

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Nigeria loses N52b yearly to iron, steel smuggling

Nigeria loses N52b yearly to iron, steel smuggling

The introduction of the Destination Inspection (DI) system of inspecting imported goods by the Nigerian Customs Service (NCS) some years ago, is costing the nation a whopping N52 annually arising from smuggled iron and steel products alone. The Galvanised Iron ...

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NEPC to involve youths in export promotion, says Awolowo

NEPC tasks exporters, SMEs on access to AU’s procurement network

Nigerian Export Promotion Council, NEPC, has said its major corporate focus in the coming months, will be systematic involvement of many Nigerian youths in exporting local products to African countries and the world at large. This was revealed to journalists ...

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Minister Commissions Upgraded Ibadan Airport

Minister Commissions Upgraded Ibadan Airport

The Federal Government has inaugurated the newly remodeled Ibadan Airport terminal building to reposition the air travel in the ancient city as well as the nation’s aviation industry. Sen. Hadi Sirika disclosed all these during his tour of various airports ...

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