Arik in Talks With Foreign Investors, Plans to Pay N160 Billion Debt

Major stakeholders of Arik Air have begun talks with foreign investors as part of plans to pay debts owed to the Asset Management Corporation of Nigeria (AMCON) and other creditors. The Guardian yesterday learnt that the move, towards a new partnership with investors, was to fast track payment of N160 billion to the Asset Management […]

Air Peace Boss Commends FG for Upgrading Airports Landing Aids

The Chairman and CEO of Air Peace, Chief Allen Onyema has commended the federal government for providing category two Instrument Landing System (ILS) and improved communication system at nation's major airports. Onyema said that this would enable smooth flight operations in December, which is the busiest season for airlines and the high point of Harmattan […]

Multiple Charges Cost Local Airlines 65 Per Cent Revenue

Local airlines in the country have very slim chances of survival under the alleged current regime of multiple taxes. According to the airlines, sundry charges, under the guise of taxes and levies at airports nationwide, account for at least 65 per cent of revenue accruing to them. Apparently unable to pay the bills amidst other […]

Union Alleges 90% of Hotel Workers Are Casualised

The National Union of Hotels Personal Services Workers (NUHPSW) has raised the alarm that nine out of every 10 workers in the country's hospitality sector were either casual or contract staff. General Secretary of the NUHPSW, Leke Success made this known during a visit of President of the Nigeria Labour Congress (NLC) Ayuba Wabba, who […]

15.2m Passengers Travelled through Nigerian Airports in 2016

15.2m Passengers Travelled through Nigerian Airports in 2016

Latest figures released by the National Bureau of Statistics (NBS) have indicated that no fewer than 15,232, 597 air travellers went through Nigeria’s airports in 2016. However,  in real terms, the output in the aviation sector declined by 4.9 per cent between 2015 and 2016, with the largest year-on-year fall recorded in the final quarter […]

Nigeria ranked 1st in Champagne, 4th in soft drinks consumption in the world

Despite the prevalent recession, Nigeria is still rated the highest consumer of Champagne in the world. This was disclosed by the Head of Market Development, German Engineering Federation, Mrs. Martina Claus, who presented the figure at the unveiling of the 2017 trade fair, known at Drinktec in Lagos recently. Drinktec is the world’s leading trade […]

African Mystery: Iroko tree bursts into flame

The Lagos State Government has reported that a strange Iroko tree located at Topo Motor Park in Badagry area of Lagos, Southwest Nigeria caught fire on Sunday and raged for almost a day. Director, Lagos State Fire Service, Rasak Fadipe told PM News that the Iroko tree caught fire on its own without anybody setting […]

Controversy over Cannibalisation of Arik Aircraft

Recently, reports indicated that Asset Management Corporation of Nigeria allowed the replacement of Aero aircraft’s faulty engine with engine taken from Arik airplane. Chinedu Eze examines the issues in relation to international practice Last week there was an allegation that the Asset Management Corporation of Nigeria had allowed the canalisation of one of the aircraft […]

Lagos arrests, jails motorists for buying in traffic

Officials of the Lagos State Environmental Sanitation Corps Agency (LASECORPS) have arrested six motorists at the Ikeja Along end of the Lagos-Abeokuta Expressway for allegedly buying goods in the traffic. The offenders’ vehicles, a Honda Accent, Hiace, Toyota Hilux, Toyota Sienna, taxi cab and commercial bus, were also impounded by the agency. It was learnt that […]

FRSC recalls sector commander, officers who cut female officials’ hair

The Federal Road Safety Commission’s Corps Marshal, Boboye Oyeyemi, has ordered the recall of the Rivers State Sector Commander and other officers concerned in the raving issue of cutting of some female officers’  hair. The female officers were allegedly carrying long hair in the Rivers State Sector Command, Portharcourt. In an interview granted early morning on […]

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