Nigeria’s high rate of inflation is making a grievous impact on its aviation sector with the number of passengers declining by 456,135 between January and June this year. An analysis of a new report on the sector prepared by the National Bureau of Statistics and obtained by correspondent on Friday showed that the passenger traffic […]
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The Central Bank of Nigeria (CBN) says it has no plans to extend its special funding into other sectors beyond Agriculture, Aviation, Power and the manufacturing sectors. This was disclosed Wednesday in Lagos by Emmanuel Ukeje, the special adviser to the Governor of the Central Bank of Nigeria (CBN), while speaking on the impact and […]
Read More Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making delays and cancellations the order of the day. Industry experts say the sector needs a fundamental overhaul, pointing to opaque management practices, rampant corruption and risks for passengers from security and dilapidated infrastructure. Arik […]
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Senator Ben Murray-Bruce has called the notice of Federal Government to take action on saving the Aviation Industry as there will be a crash if the issues in the industry is not looked into. The Senator representing Bayelsa East senatorial district, mention this at plenary, while speaking on the alleged deteriorating state of the aviation industry in […]
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Members of the House of Representatives on Tuesday held a public hearing on the challenges facing Nigeria’s aviation sector. Officials of the government and stakeholders in the aviation sector were at the hearing. Issues that had been whipped up by a plan to concession four international airports’ terminals were discussed. The Federal Government says the […]
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The Senate on Monday took a swipe at the Central Bank of Nigeria and beneficiaries of the N120bn released to the aviation sector out of the N500bn intervention fund for the power and the Small and Medium-scale Enterprises sectors in 2011. According to Punchng, The Senate Committee on Aviation and Anti-Corruption, at a public hearing, […]
Read More Domestic airlines in the country may increase the fares payable on air ticket following the recent hike in the price of aviation fuel, popularly known as Jet-A1. According to them, a circular informing them of the increase in the price of aviation fuel from N115 per litre to N150 was issued in Lagos last week. […]
Read More Indications have emerged that the Nigerian Federal Government is set to probe the recruitment of about 3,000 jobs allegedly done without due process between 2011 and 2013 in the aviation industry. A source who spoke on condition of anonymity told Punchng in Lagos on Tuesday that circulars had been sent to the chief executive officers […]
Read More The hardship being experienced by air travellers as a result of flight cancellations and delays at airports across the country continued on Tuesday, as airlines grappled with the lingering shortage of aviation fuel. Checks at the Murtala Muhammed Airport Terminal 2 and the General Aviation Terminal at the local wing of the Lagos airport showed […]
Read More Scarcity of fuel affecting the aviation industry grew much more worse on Monday as many air travellers across the country endured varying degrees of hardship due to flight cancellations, Punchng report. From airport terminals in Lagos, Abuja, Enugu, Warri, Owerri, Port Harcourt, Asaba and in the North, our correspondent gathered that virtually all the airlines […]
Read More The scarcity of aviation fuel, which has affected the industry over the past few days, became worse on Sunday as a number of domestic airlines cancelled their evening flights out of Lagos, while others simply rescheduled them. Among the airlines that cancelled their flights were Aero Contractors, Medview and First Nation, while Dana Air rescheduled […]
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The aviation agencies on Sunday has been directed by the Nigeria Federal Government to carry out an immediate investigation into why Aero Contractors used a ladder to disembark passengers after its chartered flight landed at the Bauchi airport. The Minister of State for Aviation, Senator Hadi Sirika, gave the directive after receiving several reports that […]
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