The Chief Executive Officer of Travel Investment Company Limited (TICO), Mrs Irene Uti-Egbeogu, has said the merger of travel agencies could contribute over $2 billion annually. She said without consolidation, the market share would be small for travel agencies who need to explore wider segments and product initiatives to enhance profitability In an interview, she […]
The Minister of Labour and Employment, Dr. Chris Ngige has called for an immediate minimization of Duty Tour Allowance in the ministry and agencies under it which he said was in line with the determination of the federal government to eliminate waste and maximize the use of scarce resources. The minister made the remark while […]
Stakeholders in the aviation industry have expressed skepticism about plans by state governments to build airports in their respective states, with states like Ekiti, Bayelsa, Abia, Osun and Ogun states all at various stages in their plans to build an airport each. They expressed uncertainty that by the time the airports are completed, they would […]
The National Agency for Prohibition of Traffic in Persons and Other Related Matters (NAPTIP) on Monday described the introduction of e-passport as a solution to human trafficking. Mr Joseph Famakin, the Commander in charge of Lagos Zone told the News Agency of Nigeria (NAN) on Monday in Lagos that before the advent of e-passport the […]
There are strong indications that indebted airlines will not pay up the debts owed to aviation agencies anytime soon despite unions’ protests over alleged N100 billion debt. A reliable aviation source revealed that a major debtor airline has yet to come to agreement as to the actual value of its debt. The source said: “They have had meetings […]
The Ministry of Aviation has alleged that the debts owed to the aviation agencies by local airlines in Nigeria have leaped to about N100 billion. It was learnt that these debts are owed to the Federal Airports Authority of Nigeria, FAAN, the Nigerian Airspace Management Agency (NAMA) and the Nigerian Civil Aviation Authority (NCAA). The debts range […]
