Aviation

Nigeria Loses $2bn Annually to Informal Export Trade from Lagos Airport

Investigation by THISDAY has revealed that on the average, Nigeria loses about $2 billion annually to exports, which are not documented but exported informally as personal effects. The investigation further revealed that the foreign exchange earned by the country does not reflect in government’s financial system. It was learnt that so many products are exported […]

Aviation

Immigration Arrest Passenger with Firearms at Lagos Airport

The Nigeria Immigration Service (NIS), the Murtala Muhammed Airport, Lagos Command on Wednesday morning intercepted an American citizen with firearms at the airport. The male passenger (names withheld), who arrived the country aboard a United Airlines flight from Houston, United States at 10:10am, was said to have checked-in the firearms. The passenger was also said […]

Aviation

Expenses Variation, Additional Facilities May Push Cost of 4 International Terminals to $2bn

Despite the inauguration of the new international terminal at the Murtala Muhammed Airport in Lagos last week, it has emerged that the facility is not yet completed with the federal government requiring additional money to make the facility ready for full utilization, THISDAY has learnt. It was also learnt that the current situation of the Murtala […]

Aviation

At Twilight of His Administration, Buhari Moves to Complete Developmental Projects in Aviation Sector

There are indications that the Muhammadu Buhari administration is determined to bring to completion the projects he set out to execute in the aviation industry, which include the establishment of national carrier, the establishment of aircraft maintenance repair and overhaul (MRO) facility, aircraft leasing company, aerospace university and construction of second runway at the Nnamdi […]