The Oba of Lagos, Rilwan Akiolu has called on the federal government to make special arrangement with banks so that Nigerian airlines could access long-term credit facility at single interest rates. The Oba said this would help the airlines to acquire new aircraft and operate profitably, noting that presently the indigenous carriers find it extremely […]
IATA Air Passenger Forecast Shows Dip in Long-Term Demand Total passenger set to double to 7 billion by 2034 Government policies can counteract economic headwinds Geneva – The International Air Transport Association (IATA) released its updated passenger growth forecast, projecting that passenger numbers are expected to reach 7 billion by 2034 with a 3.8% average […]
Okakpu: Nigeria has Greater Prospects in Agro-allied Produce Export than Oil As the prices of crude oil continue to nosedive and drastically reducing Nigeria’s income, a new interest is found in agro-allied produce as alternative source of foreign exchange. In this interview with Chinedu Eze,the Managing Director and CEO of ABX World Nigeria, Captain John […]
Regular Nigerian travellers who travel through the Murtala Muhammed International Airport, Lagos (MMIA) were elated few years ago when the creaky, old carousels (conveyor belts) were replaced by new ones. These new carousels have been celebrated for long before they started destroying passenger luggage and spilling their content. Now the carousels, which are working effectively, […]
The failure to empower the Nigerian Civil Aviation Authority (NCAA) by the federal government to effectively regulate the aviation sector may have been the cause of many air crashes that had taken place in Nigeria. Industry operators attribute this to the lack of autonomy of NCAA and the conflict in the responsibilities between the Ministry […]
