FG

Jet fuel projected to sell between N1,760, N2,037 as FG intervenes

Posted on by Wole Shadare
Jet fuel projected to sell between N1,760, N2,037 as FG intervenes

Following the high-level technical committee meetings, the federal government has officially established a new indicative price framework for Jet A1 fuel. With projections that aviation fuel prices could range between N1,760 and N2,037 per litre, This came following high-level engagements aimed at addressing persistent supply and pricing challenges in the sector.  This directive, issued through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), aims to curb the extreme price volatility that saw costs hit…

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Operators: We ‘ve few days to sustain air travel despite FG’s intervention

Posted on by Wole Shadare
Operators: We ‘ve few days to sustain air travel despite FG’s intervention

We are pouring water into basket-Uriesi Nwuba-Price increase’ll plummet passenger traffic The Nigerian aviation sector is currently facing a severe liquidity crisis, with no respite in sight for airlines despite the Federal Government’s decision to cut airlines’ debts by 30 per cent. The carriers said they cannot take any more hits from an astronomical 300 per cent rise in jet fuel prices. They said operational costs have reached a breaking point, with current revenues no…

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FG grants NAMA approval to find lasting solution to obsolete radar

Posted on by Wole Shadare
FG grants NAMA approval to find lasting solution to obsolete radar

Following a high-level briefing from the Ministry of Aviation and Aerospace Development, President Bola Ahmed Tinubu has authorised the Nigerian Airspace Management Agency (NAMA) to find a lasting solution to the geriatric total radar coverage of Nigeria (TRACON). There are indications that the government may consider releasing funds to overhaul and modernise Nigeria’s aging radar infrastructure. In a significant move for Nigeria’s aviation safety, the Managing Director of the Nigerian Airspace Management Agency (NAMA), Umar Farouk Ahmed,…

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FG suspends $300 helicopter landing fees for oil companies

Posted on by Wole Shadare
FG suspends $300 helicopter landing fees for oil companies

The Federal Government has once again ordered a temporary suspension of the controversial $300 helicopter landing fees specifically for oil and gas companies. This directive was issued on Monday by the Minister of Aviation and Aerospace Development, Festus Keyamo, following a high-level meeting in Abuja with the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and key industry stakeholders. Keyamo, Lokpobiri The enforcement and collection of the fees are suspended for an initial…

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Teriba:FG’s policy opportunity for women to aspire higher in aviation

Posted on by Wole Shadare
Teriba:FG’s policy opportunity for women to aspire higher in aviation

Aviation not just a career but a calling-Udoh The Lagos Regional Manager of the Nigeria Civil Aviation Authority (NCAA), Bukola Teriba, has urged women in the aviation industry to take advantage of the federal government’s favourable policy toward women in the sector to aim for greater heights in their various careers. Teriba affirmed that Bola Ahmed Tinubu’s administration has created opportunities for Nigerian women to showcase their capabilities and professionalism, noting that many women now…

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FG initiates policy on drone industry in Nigeria

Posted on by Wole Shadare
FG initiates policy on drone industry in Nigeria

The Minister of Aviation and Aerospace Development, Festus Keyamo, has initiated the process of establishing a comprehensive National Policy Direction specifically for the Unmanned Aerial Systems (UAS), or drone industry, in Nigeria. This move marks a shift from simple regulation to a structured national strategy to manage the rapid growth of drone technology nationwide. The framework is designed to move beyond the existing Part 21 of the Nigerian Civil Aviation Regulations (Nig. CARs). Its primary…

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FG to review air traffic controllers’ retirement age to 65 amid shortage

Posted on by Wole Shadare
FG to review air traffic controllers’ retirement age to 65 amid shortage

The Federal Government on Tuesday disclosed that it will review the retirement age of Air Traffic Controllers in the country as part of efforts to bridge the manpower gaps in the country’s airspace management and development. Minister of Aviation and Aerospace Development, Mr Festus Keyamo, said the retirement age will be reviewed upward to ensure experienced hands and personnel are maximised and allow them to pass their experience to the younger generation. Speaking while declaring…

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FG pardons Emmanson, restores pilots’ licenses, airlines staff, agencies to undergo training

Posted on by Wole Shadare
FG pardons Emmanson, restores pilots’ licenses, airlines staff, agencies to undergo training

  Asks airlines to lift no-flight ban on Emmanson Orders withdrawal of charges against disruptive passenger K1 gets flight ban reduction from six to one month In a sweeping effort to restore sanity to the aviation industry, which had been hit by bad publicity due to unruly behaviour by music star Ayinde Marshal and Ms. Confort Emmanson, the Minister of Aviation and Aerospace Development, Festus Keyamo, has offered amnesty to the parties involved. The Minister…

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FG grants firm right to resume $300 helicopter landing levies

Posted on by Wole Shadare
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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Nigerian airports running at a loss, FG subsidises aerodrome operations

Posted on by Wole Shadare
Nigerian airports running at a loss, FG subsidises aerodrome operations

Minister dismisses predetermined Enugu airport concessionaire, duration   The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has lamented that many of the country’s airports are running at a loss: hence the need for concession of the aerodromes. He noted that as a result, the government took a proactive measure to ensure these vital facilities can meet and maintain international standards, given the increasing financial demands of their operations. Speaking through his Special Assistant…

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