FG, NCAT to forfeit N320m over ‘breach’ of contract
The Federal Government and the Nigerian College of Aviation Technology (NCAT) risk losing N320 million over a breach of contract.The Guardian, yesterday, learnt that the sum, being part payment in a $20 million contract, was to offset losses incurred...
Travel agencies laud forex concession grant to airlines
Travel agencies in the country have hailed the Central Bank of Nigeria’s (CBN) decision to grant a concession to foreign airlines on access to foreign exchange.
Emirates, Kenya Airways suspend Abuja operations indefinitely
Emirates Airlines will suspend Abuja-Dubai operations beginning October 30, 2016.
CBN grants forex concession to airlines
The Central Bank of Nigeria (CBN) has granted airline operators in the country a special foreign exchange (Forex) concession regime to enable clearance of outstanding debts at inter-bank market rate.
Nigeria secures ICAO Council seat with historic votes
For the first time, all 152 International Civil Aviation Organisation (ICAO) member states voted for Nigeria to secure Council seat in the Part II category at the on-going 39th Assembly ...
Workers stage protest against concession plan
Workers in the aviation sector on Wednesday protested against the planned concession of four of the major airports in the country, describing the government’s motive as “unconvincing”.
FG pledges to support ICAO safety, security initiatives
Capt. Hadi Sirika, Minister of State, Aviation, made the pledge while speaking at the ongoing 39th ICAO General Assembly in Montreal, Canada.
Retirees warn minister over concession plan
FAAN Pensioners, as the group is called, are worried that such exercises in the past “have not served the interest of the country as expected.”