Why NAMA can’t operate beyond 12 hours daily -MD
The Managing Director of the Nigerian Airspace Management Agency, Matthew Lawrence Pwajok, has disclosed why the agency can't operate beyond 12 hours daily. Pwajok made this known at the 26th…
Grant special waivers to airlines, expert tells FG
The Chairman of the Association of Approved Aviation Training Organisations in Nigeria, Mr Bankole Bernard, has called on the government to grant special waivers to airline operators as a means…
FG owes N100bn electricity subsidy – Discos
Electricity distribution companies have said that the Federal Government had failed to pay the N100bn subsidy on electricity since the privatisation of the sector in November 2013. They reacted on…
FG may suspend distribution of free four million meters
Phase 1 of the National Mass Metering Programme slated for distribution in August, funded by the Federal Government has been halted following allegations of fraud against some of the Meter…
1.9 million vulnerable Nigerians’ll get N20,000 each –FG
The Federal Government has said that more than 1.9 million vulnerable Nigerians will benefit from about N38bn being disbursed as grants of N20,000 each to beneficiaries under its Grant for…
MasterCard, JPMorgan, others partner to boost payment choices
MasterCard says it has welcomed a raft of new global partners to its innovative MasterCard Installments programme and is expanding it further to support small businesses. According to the company,…
Abolish official exchange rate, BDC operators tell CBN
The Association of Bureaux De Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji…
Nigeria, others need 20,000 pilots –Report
Africa will need 20,000 pilots, 21,000 technicians, and 26,000 cabin crew to overcome the dearth of professionals in the industry, aircraft giant, Boeing, has said. The plane maker stated this…
CBN vows to curb further naira devaluation
The Central Bank of Nigeria has reiterated its commitment to preventing a further devaluation of the Nigerian naira in the foreign exchange market. This was disclosed by the Director of…
Establish aviation bank to save dying airlines, don tells FG
The Director, Centre for International Advanced and Professional Studies, Prof. Anthony Kila, has urged the Federal Government to establish a Bank of Aviation. The bank, he said, was necessary to…
Domestic airlines lose N4.3bn yearly -Ibom Air CEO
The Chief Operating Officer of Ibom Air, George Uriesi, said domestic airlines lose at least N4.3 billion annually due to their inability to operate 24 hours flights daily to the…
Passengers lament as one-hour flight hits N100,000
A one-hour journey within Nigeria now costs more than one hundred thousand (N100,000) naira, causing air passengers to lament bitterly at the excessive charges airline operators have imposed. Findings revealed…