Following massive protests last week, the Ministry of Finance on Monday announced that President Muhammadu Buhari has approved the immediate release of N22.68 billion which is 50% of the 45.3billion of the total entitlements for ex-workers of Nigeria Airways. A statement by the ministry, revealed that the move came after an initial submission by the former workers, […]
Nigeria has a large population of international travellers, which is average of about 4.5 million annually. Over 90 per cent of these passengers are airlifted by foreign airlines. This is because Nigeria does not have local carriers that have successfully operated international destinations for a number of years. So, most of the Bilateral Air Service […]
The Chairman of Niger Delta Development Commission (NDDC) Senator Victor Ndoma-Egba has described the liquidation of the defunct Nigeria Airways Limited (NAL) as the most regrettable decision taken by the federal government. Ndoma-Egba said that by the time the airline was liquidated the assets it had all over the world were 60 per cent more […]
Retirees of the defunct Nigeria Airways Limited (NAL) staged peaceful protest at the Murtala Muhammed International Airport (MMIA), Lagos yesterday over the non-payment of severance package. The ex-workers who turned out in large number blocked the road linking the international wing of the airport to the domestic and General Aviation Terminal wings of the airport, thus […]
Aviation industry experts have projected that the federal government is losing over $6.4 billion annually from non-payment of royalty by foreign carriers. This, according to the experts, is the amount that was supposed to be paid by international operators as Nigerian airlines are incapable of reciprocating the number of frequencies operated by these foreign carriers […]
