Minister Archives - Page 6 of 6

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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