Minister Archives - Page 6 of 6

Minister: Nigeria needs befitting national carrier

Posted on January 11, 2024 by Wole Shadare

· Govt in talk with Boeing, others for cheaper aircraft leases · Why Nigerian airlines are challenge-Keyamo Minister of Aviation and Aerospace Development, Mr. Festus Keyamo may have rekindled hope for a national airline for Nigeria, saying the country needs a national airline that befits the status of the country as a giant of Africa. He disclosed that what he inherited as Nigeria Air was not patriotic enough, maintaining that the project remains suspended until he gets…

Bellagio Air promises to make impact, apply cutting edge technology to enhance air travel in Nigeria

Posted on December 24, 2023December 24, 2023 by Wole Shadare

As more airlines adorn the country’s sky, Bellagio Airlines said it looks forward to making a lasting impact on the aviation landscape, delivering enhanced travel experiences, and contributing to the growth and progress of Nigerian aviation. The carrier equally expressed its commitment to bridging process gaps, embracing cutting-edge technology, and utilizing ancillary channels to enhance domestic air travel within Nigeria. Speaking during a courtesy call on the Minister of Aviation and Aerospace Development, Olorogun Festus…

FG mulls 50% fare subsidy, Minister, airline operators hold strategic meeting

Posted on December 18, 2023 by Wole Shadare

The Federal Government is tinkering with the idea of subsidizing airfares to reduce the high costs of tickets. The Minister of Aviation and Aerospace Development, Mr Festus Keyamo was said to have held a meeting last week Friday with airline operators through their umbrella body, Airline Operators of Nigeria (AON) with a view to fine-tuning modalities for its realization. Present at the meeting with the Minister are the President of AON, Dr Abdulmunaf Yunusa Sarina,…

Aviation to gulp N63 billion in 2024, Minister wants extra N81 billion for Abuja second runway

Posted on December 12, 2023December 12, 2023 by Wole Shadare

2023 budget performance put at 40% The entire budget of the Ministry of Aviation and Aerospace Development would gulp N63 billion while the performance of the budget of the Ministry last year was at 40%. The bulk of the budget is expected to go into critical projects such as the Abuja second runway; upgrade and rehabilitation of the old terminal of Lagos airport which the Minister, Festus Keyamo said were vital projects that need urgent…

EX-Nigeria Airways’ workers to get final severance package, Minister assures

Posted on November 5, 2023 by Wole Shadare

N5b package ready The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo on Saturday disclosed that the Federal Government was already making arrangements to offset the last tranche of monies owed workers of defunct Nigeria Airways. The Minister who made the disclosure at the stakeholders forum held in Lagos did not go into details and how much is left to be settled said the government had taken the matter up and the ex-workers…

Minister seeks master plan for five int’l airports, receives relocation task force report

Posted on October 7, 2023 by Wole Shadare

Equipment at new terminal not up to global standards-Musa Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has received the report of the Taskforce on the relocation of foreign airlines from the old International terminal to the new terminal. Keyamo, while receiving the report, thanked the members of the Taskforce for accepting to serve the Nation selflessly. He said the Lagos airport account for 60% of entry point and exit into Nigeria,…

Minister seeks ICAO’s support for Nigeria, Africa, air connectivity poses challenge

Posted on September 29, 2023September 29, 2023 by Wole Shadare

Minister of Aviation, Mr. Festus Keyamo has sought the support of the international aviation regulatory body the International Civil Aviation Organisation (ICAO) on the comprehensive civil aviation master plan and airport development of the country. The Minister made the disclosure when he paid a familiarisation visit to the ICAO Headquarters in Montreal Canada. The minister on behalf of the continent of Africa also mentioned the important role of air connectivity which he said ICAO should…

Revenue optimisation to block leakages in agencies not tax burden-Minister

Posted on September 26, 2023September 26, 2023 by Wole Shadare

Lagos airport toll gate generates N100 million months Keyamo sets N240 million target from facility Minister of Aviation, Mr. Festus Keyamo has corrected insinuations that one of the items on his agenda for the sector as regards optimization of revenues by the various aviation agencies does not amount to raising taxes but one that would make the agencies block leakages by raising its financials. In his keynote address at a Webinar, entitled, “Repositioning the…

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