Arik Air Prepares to Bid for Flag Carrier Status.

Indications have emerged that Arik Air, a Nigerian airline operating domestic, regional and international flight network may have resumed preparations for its bidding for the flag carrier status in line with industry. Industry sources disclosed at the weekend that one of the hurdles before the airline was the condition handed down by the immediate past […]

Improved Air Services

The most challenging period for domestic airline operators in recent times was early this year when fuel scarcity nearly grounded air transportation and threatened socio-economic activities of the country. But with the improved fuel supply situation, flight cancellations and delays were minimised. However, stakeholders in the aviation industry have continued to express fears that the […]

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Kano-Lagos rail project not funded by Chinese – Ex Minister Of Finance

The immediate past Minister of Finance, Mrs. Ngozi Okonjo-Iweala, has denied allegation that substantial part of the $1 billion China-Exim Bank loan obtained for the Kano-Lagos rail project was diverted under the immediate past administration of Dr. Goodluck Jonathan. The Permanent Secretary in the Ministry of Finance, Mohammed Bashar, had last week, according to the […]

FAAN Issues 7-day Final Notice To Debtors

The Federal Airports Authority of Nigeria (FAAN) has given all its debtors a seven-day final demand notice to settle their indebtedness on or before Aug. 24. FAAN warned that at the expiration of this notice, the Authority would take all necessary measures to recover these debts in line with a Presidential directive. This is contained […]

NCAA Confirms 146 Private Jets Operating in Nigeria.

The Nigerian Civil Aviation Authority, NCAA, has disclosed that there are 146 corporate jets in the country of which only 46 were registered in Nigeria while 100 has foreign registration. Director General of NCAA, Captain Muhktar Usman revealed this when he addressed public relations officers of airlines, aviation agencies and other organizations in the industry […]

Explain How $1bn Chinese Loan for Lagos-Kano Railway Was Diverted, Buhari Orders Finance Ministry

President Muhammadu Buhari has ordered the Ministry of Finance to explain how $1.005 billion loan obtained from the Chinese Exim Bank for the construction of a standard gauge rail line linking Lagos to Kano  got diverted to other purposes. Speaking on Monday, August 10, at the Presidential Villa after the Permanent Secretary, Ministry of Transport, Alhaji Mohammed Bashar, made […]

Nigerian Railway Corporation Installs New Signal System to Track Train Movement

The Nigerian Railway Corporation has installed a modern signal system that will enable it monitor and control train operations from its Lagos head office, while enhancing the company’s operational efficiency and improve safety on the trains. The corporation, in a statement, said the new system, the Safe Train Control, covers the entire narrow-gauge rail network of […]

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