NEWS
Aviation fuel price : AON wants FG to intervene
The Airline Operators of Nigeria (AON) has appealed to the Federal Government to intervene in the increasing price of Aviation Jet A1 fuel .
The association made the call on Tuesday in Abuja at an emergency meeting with the Minister of Aviation, Sen. Hadi Sirika, in his office.
The AON President, Alhaji Abdulmunaf Sarina, said the aviation fuel crises began from N180 per litre to N1, 000 per litre.
According to him, the foreign exchange (Forex) crises is a huge burden on the aviation industry.
“The rate at which the dollar is escalating now is very alarming. Every day, a difference between N10 to N15 is added at the apparel market.
“ Last week Monday, it was N610 but today, it is N670 to one dollar. We want the Federal Government to intervene,” he appealed.
Speaking, Mr Allen Oyeama, the AON Vice President, said the association was satisfied with the approach of the government intervention in the industry.
“We, airline operators, are satisfied with the approach of the government is bringing to the table. I told Mr President in order to alleviate our sufferings. He approved 10,000MT of fuel. Another 5,000 has come in.
“ We are about to start accessing that. We are pleased with the approach for the long run. The solution is not in the short term.
“It is not easy to give a timeline to issues like this because the challenge is global. Even the American airlines are threatened too, it is not only Nigeria. But we are pleased so far,” he said.
In his remarks, the minister of aviation said there were no immediate solutions to the crises rocking Nigeria’s aviation sector.
According to him, the variables impacting the crises in the aviation sector are beyond the industry’s control. Thus, the variables involved especially a global problem.
“Energy crises is real and it is global. Today there is aviation fuel problem all over the world. From America to New Zealand. It is aggravating in Nigeria because we do not produce the product.
“ It is aggravated also because the foreign exchange is scarce in Nigeria because the source of earning the foreign exchange also has dwindled, ” Sirika explained.
The minister, who said that the Federal Government had in the past sourced 10,000 metric tonnes of Aviation Fuel for the airlines, added that the government was willing to do more.
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Sirika assured the association that the government was in the process of finding a permanent solution to the challenges in the aviation sector.
“By importation of the product at appropriate price, accelerating the refurbishment of our refineries and also wait for the coming on stream of Dangote Refinery to boost supply of the product. Thus, it cannot immediate.
“So, when you ask how soon, I will not know when Dangote will come on stream, I will not know how soon the refineries will be filled. I will not know when imports will become sufficient.
“But the government is working towards all these to happen” he guaranteed.
Sirika promised to meet with relevant stakeholders including the Central Bank of Nigeria in order for the airlines to access dollars at the official market rate rather than the black market rate.
NEWS
Simon Ekpa’s Arrest Will Restore Peace In South East, Says Enugu Gov’t
The Enugu State Government has commended the Republic of Finland for the arrest of Simon Ekpa, a Finland-based leader of the proscribed separatist group, Autopilots.
Ekpa has been accused of orchestrating violence and chaos in Nigeria’s South East region.
In a statement issued on Friday by the Secretary to the State Government, Prof. Chidiebere Onyia, the government described Ekpa as a “common criminal, con man, and terrorist” who has exploited the Igbo people while claiming to represent their interests.
RELATED NEWS: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
“The Enugu State Government welcomes the arrest of the Finland-based terrorist, Simon Ekpa,” the statement read.
“His arrest and trial will no doubt go a long way in strengthening peace, security, and stability in all parts of the South East.”
The state government accused Ekpa of sponsoring violent activities that have resulted in the loss of lives, destruction of property, and disruption of the region’s economic activities.
It stated that Ekpa’s actions were driven by personal greed and not genuine concern for the Igbo people.
Onyia said, “Ekpa is a murderer and fraudster who delights in killing his people and living large off their misery.
“He thrives on manipulating, exploiting, and extorting the people on the pretext of fighting for their interest and for the restoration of Biafra.”
The government emphasized its readiness to provide evidence of Ekpa’s alleged crimes to support his prosecution, whether in Finland or Nigeria.
“This arrest is in line with the demand of the Governor Peter Mbah Administration, which has repeatedly made it known that Ekpa is a megalomaniac, common criminal, murderer, and fraudster who takes joy in feeding fat on the manipulated emotions of Ndigbo and inflicting misery on the South East region,” the statement added.
The government further criticized Ekpa for fostering a climate of fear and insecurity that has harmed the entrepreneurial spirit and economic growth of the Igbo people.
“Ekpa has for long, and unfortunately from Finland, made a living by creating a siege climate and mentality in the South East, destroying lives, property, and the Igbo trademark of entrepreneurship and hard work,” Onyia said.
The Enugu State Government expressed optimism that Ekpa’s arrest would mark a turning point in the quest for peace and stability in the South East, urging residents to remain vigilant and supportive of ongoing efforts to restore normalcy in the region.
NEWS
JUST IN: COP29 Proposes $250bn Annual Climate Finance Target For Developing Nations
The COP29 presidency has unveiled an ambitious climate finance plan, calling on developed nations to provide $250 billion annually to developing countries by 2035.
The proposal, part of a broader initiative to mobilize $1.3 trillion from public and private sources each year, seeks to address the mounting challenges posed by climate change.
The five-page draft text, released on Friday, emphasizes the need for developed nations to lead the charge in financing climate action.
RELATED NEWS: COP29: Climate Summit Faces Deadlock Over Vague Funding Proposals For Vulnerable Nations
According to the document, this financial commitment is seen as a critical step toward combating the climate crisis and fostering sustainable development globally.
“In this context, it is decided to set a goal in extension of the goal referred to in paragraph 53 of decision 1/CP.21, with developed country Parties taking the lead, to USD 250 billion per year by 2035 for developing country Parties for climate action,” the draft states.
The announcement follows the release of an earlier 10-page draft on Thursday, which drew significant criticism from Global South delegations.
Many expressed frustration that the document lacked clear financial commitments from wealthier nations, falling short of expectations to support adaptation and mitigation efforts.
“There is a clear need to address the principle of common but differentiated responsibilities, especially given the diverse circumstances shaping national priorities,” a negotiator from a developing country delegation remarked.
The updated proposal aims to address some of these concerns by outlining more specific targets. However, skepticism remains among some negotiators, who feel the revisions still fail to adequately address their demands.
Meanwhile, developed countries have raised their own reservations about the proposed plan.
A European negotiator, speaking to Reuters, described the $250 billion annual target as unrealistic and criticized the lack of measures to expand the pool of contributing countries.
“No one is comfortable with the number because it’s high, and there’s almost nothing on broadening the contributor base,” the negotiator said.
The mixed reactions underscore the persistent divide between developed and developing nations in climate negotiations.
While the draft text aims to reconcile these differences, the gap between expectations and commitments remains a significant hurdle.
NEWS
Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation
The President of the African School of Governance, Kingsley Chiedu Moghalu has admonished state actors against resorting to brutal force in the bid to muscle out separatist agitators.
In the aftermath of Mazi Simon Ekpa, the Finland based Biafran nationalist agitator being caught in legal web and the Nigerian government moving swiftly to seek his repatriation, the former deputy governor of the Central Bank of Nigeria (CBN) has cautioned that ‘We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.’
ALSO READ: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
The political economist, while expressing his hope in Nigeria, made it clear that “hope is not a strategy”.
He bared his mind in a series of posts on his verified handle on micro-blogging site, X on Friday.
Moghalu wrote, “Despite sustained contemporary difficulties, I am hopeful about Nigeria. But hope is not a strategy. We need to improve state capacity for effective governance.
“We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.
“We must learn to be honest with ourselves and address the root causes of our problems. Why ignore them, when the problem is actually quite solvable? The problem with continuing with this approach is that when the danger crystallizes, those who thought they were benefiting from