Jega, Ex-AMCON ED, Testifies, Says Arik Never Cooperated With AMCON

Jega, Ex-AMCON ED, Testifies, Says Arik Never Cooperated With AMCON

A former Executive Director at Asset Management Corporation of Nigeria (AMCON), Mr Abbas Muhammed Jega, on Wednesday appeared at the Special Offences Court in Ikeja, Lagos, to testify in the ongoing case between the Economic and Financial Crimes Commission (EFCC) vs the ex-AMCON MD/CEO, Ahmed Kuru, Kamilu Omokide, a former receiver manager of Arik Air Ltd; Captain Roy Ilegbodu, the airline’s CEO; Union Bank Ltd; and Super Bravo Ltd. Jega appeared as the third prosecution…

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Tinubu’s administration restores confidence in aviation sector

Tinubu’s administration restores confidence in aviation sector

President Bola Tinubu’s administration has done remarkably well in aviation. The Minister of Aviation, Festus Keyamo, has matched his words with action to improve the dwindling fortune of the sector, even though he still has a long way in totally turning it around, writes WOLE SHADARE It is two years since Bola Ahmed Tinubu assumed office as President. The administration before Tinubu’s handed over a sector in need of urgent surgical operations to tackle the…

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IATA: African passengers pay more taxes than base fares, carriers face unique cost challenges

IATA: African passengers pay more taxes than base fares, carriers face unique cost challenges

  $100 air ticket carries $60-$70 in charges  Continent’s aviation market to hit 345 million in 2043   The International Air Transport Association (IATA) has taken a holistic look at the African aviation market noting that African traffic is projected to reach 345 million in 2043, more than doubling from 2023. IATA’s Vice President for Africa and the Middle East, Kamil Al Awadhi, at a briefing at the ongoing Annual General Meeting (AGM) of the association…

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Najomo: How protectionism hinders air connectivity, trade growth, high fares in Africa

Najomo: How protectionism hinders air connectivity, trade growth, high fares in Africa

The Director-General of Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo said African states face a number of challenges in balancing national carrier protectionism with the need for liberalization and regional connectivity. Protectionism, he lamented often leads to fewer carriers, poor service quality, and higher ticket prices for consumers, stressing that there is often a disconnect between aviation, tourism, and trade policies that undermines liberalisation goals. These challenges, he noted stem from political, economic, regulatory, and…

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Mozambique tops $1.3 billion in airlines blocked funds by governments, Nigeria maintains clean bill

Mozambique tops $1.3 billion in airlines blocked funds by governments, Nigeria maintains clean bill

Trapped funds violate BASA, raise rate risks, says IATA  The International Air Transport Association (IATA) reported that $1.3 billion in airline fund is blocked from repatriation by governments at the end of April 2025.  This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. For two years, Nigeria has maintained a clean bill as the country is not among the nations owing foreign carriers….

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Ismaila: Multi-million dollar ‘abandoned’ simulator operational in two months

Ismaila: Multi-million dollar ‘abandoned’ simulator operational in two months

Employees bond deal to stem poaching, new salary package for staff   The multimillion dollar modern Boeing 737-NG Full Flight Simulator (FFS) acquired five years ago which has laid prostrate at the Nigerian College of Aviation Technology (NCAT), Zaria, Kaduna will now become operational in the next two months as the Nigerian Civil Aviation Authority (NCAA) is expected to conclude its certification in the next two weeks The full operation of the facility would help the country…

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Experts endorse EMOSIM at Lagos launch, say tech redefines travel connectivity

Experts endorse EMOSIM at Lagos launch, say tech redefines travel connectivity

Experts and industry leaders have described EMOSIM, a new Nigerian tech service, as a game-changer for global connectivity. The service was officially launched in Lagos, drawing top government officials, business leaders, and tech experts. EMOSIM is a digital SIM (eSIM) that lets users connect to mobile networks in over 190 countries without swapping SIM cards or paying high roaming fees. It offers a simple, affordable way for travellers, business people, and tourists to stay connected…

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MMIA: Decaying aerodrome yearning for transformation

MMIA: Decaying aerodrome yearning for transformation

The age-long decay of the Murtala Muhammed International Airport, Lagos stares everyone in the face despite FAAN’s intervention to arrest the drift. The disclosure of a new world-class and smart aerodrome by Aviation Minister, Festus Keyamo has given way to rays of hope, writes, WOLE SHADARE Hope lost Despite palliative measures from the Federal Government to sustain the Murtala Muhammed International Airport, indications have shown that the terminal can no longer work effectively. The airport terminal is…

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Kuku: Challenges in aviation, opportunity for investments

Kuku: Challenges in aviation, opportunity for investments

Sector contributes $1.7 billion to our GDP   The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku said each challenge facing the country’s aviation sector represents a potential investment awaiting realization. She noted that challenges in the mode of infrastructure deficiencies, regulatory frameworks, and financing requirements which had persisted in Nigeria’s aviation industry for a long time should not be seen as obstacles but rather as opportunities. Kuku noted that…

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FG grants firm right to resume $300 helicopter landing levies

FG grants firm right to resume $300 helicopter landing levies

    The Federal Government has lifted the temporary suspension on enforcement granted to MESSRS NAEBI Dynamic Concepts Limited, consultants for the collection of helicopter landing charges for air navigation services related to helicopter operations by oil companies in the Gulf of Guinea. According to a ministerial directive on the above subject, Messrs Naebi Dynamics Concepts Ltd is to immediately resume collection of levies related to air navigation services for helicopter operations by oil companies…

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