NEWS
Nigeria Air MD Breaks Silence On Controversial Aircraft
The jet that landed at the Nnamdi Azikiwe International Airport in Abuja on May 26, 2023 was a chartered one from Ethiopia, according to Nigeria Air’s managing director Dayo Olumide.
On Monday, Olumide revealed this in response to inquiries from senators, noting that the airline had just been created and that obtaining an operating license for it was his personal responsibility.
Olumide said, “It is a pleasure to be here and to finally make our position known where I can clarify all the misconceptions regarding Nigeria Air as it pertains to the technical aspects of it.
“As you know this airline was launched with the logo in 2018. Several things have transpired since then that have nothing to do with me.
“I was invited last February, my mandate is to secure an air operating certificate for the airline not necessarily to operate the airline but to secure a licence to fly. And that is entirely my responsibility.”
The Chairman of the Committee on Aviation, Senator Olujimi expressed displeasure of the committee when she said that the entire arrangement of the Nigeria Air was shrouded in suspicion.
In responding to Olujimi’s question, Olumide said the aircraft that flew into the country that day did not need a licence, so it was hired.
He said, “I will like to address your question first before I go on. The aircraft that came in and left was a legitimate charter flight. Anyone of us here if we have a destination wedding in Senegal, we can charter an aircraft.
“You don’t need to have a licence to do that, you just charter an aircraft, an aircraft you paid for it, it will be brought here, take your passengers and off you go.
“And that is what we did. But in this case, it was to unveil. Ever since 2018, all you have ever seen about Nigeria Aircraft were pictures, and drawings, not the real aircraft, and we thought it was time to show what the real aircraft will look like and also to let shareholders know.
“You see we have institutional investors, they are not in aviation, but they are putting their money for 10 or 15 years and to exit may be at the premium. So they need to see what the actual aircraft will look like.
“So we brought it in here to show them what the aircraft will look like. Then the social media dimension came into it.
“It is an Ethiopian-registered one. Why is it Ethiopian-registered? To operate aircraft in Nigeria, they must be Nigerian registered; on 5th November. That aircraft was not on 5th November registered because it was a chartered flight and it came in with just a few day’s clearance and off it went.
“For us to get that licence which is my mandate, we must among other things have three aircraft before the NCAA will give us a licence and those three aircraft must be Nigerian-registered aircraft.”
“For us to get that licence which is my mandate, we must among other things have three aircraft before the NCAA will give us a licence and those three aircraft must be Nigerian-registered aircraft.”
“There are five steps that one goes through to have a licence. We have gone from the first one to the second one but the problem is that when you change what we call post holders.
“Post holder is a technical term for director of maintenance, chief pilot, when you change them and replace them completely, you have to go back to phase one to interview them to be compliant to the authority, to the civil authority. But haven gone back to phase one doesn’t mean you have done anything thing wrong. That is a correct and normal process.
“So when this aircraft came on a chartered flight, everybody said we have launched Nigeria Air.
“There are learned people in the aviation industry who could have countered that when social media came out, they chose not to.”
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
Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.
In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.
READ ALSO: CSR: Dangote Cement Fuels Education With Support Projects At Lagos Schools
He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.
The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.
“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.
He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.
“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.
Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.
“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said
He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.
“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”
Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.
He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.
“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.
Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.
“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.
He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.
The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.
In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”
READ MORE: Osun Govt Decries Attempted Murder Of Park Mgt Chairman By Police
The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.
Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.
The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.
With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.
Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation
Davido Is Our Son, Our Pride – Gov Adeleke
NANTA Champions Nigeria’s Tourism Revival With ₦742m Investment
Adeleke Represents SW On Ad Hoc Committee on Nat’l Electrification Plan
Wizkid Drops Sixth Studio Album ‘Morayo’
Olajumoke Onibread Accuses Ex-Husband Of Assault, Career Sabotage
OSSG Raises Alarm Over Murder Plot By APC Chieftain
NCC, SMEDAN, NAICOM, SEC, Others Set for SUPERNEWS SMEs Conf June 13
Sahara’s Tonye Cole resigns from GPHCDA
Oando opens ultra-modern petrol station in Lagos
Niger Delta Avengers: President Buhari Reads riot Act …considers the carrot and stick option
