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Aviation fuel price : AON wants FG to intervene

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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.

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Umahi Vows To Tackle House Scrutiny On N15tn Lagos – Calabar Coastal Highway Project

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Senator David Umahi, the Minister of Works, has announced his firm commitment to face the House of Representatives’ scrutiny regarding the contentious N15 trillion Lagos-Calabar Coastal Highway road project.

Umahi also revealed plans to broadcast the proceedings live on television, ensuring transparency and accessibility for all Nigerians.

Emphasizing the project’s integrity, Umahi affirmed that he and the Ministry of Works meticulously adhered to proper procedures, securing all requisite approvals and documentation prior to project initiation.

He said, “I am ready to face the National Assembly to defend the project. I will not want to say anything now till I meet with the Senators and House of Reps members. It will be live so you will also hear it. It will be live so that Nigerians will see it.

“When people say the project is on personal interest, there is a contradiction there. This is because Atiku Abubakar said the Jonathan administration wanted to do that project which would have cost about $12bn or so. So, whose interest was that administration promoting in trying to do that project?

“I have a design from the NDDC (Niger Delta Development Commission) on that project. The NDDC designs are quite bulky. When I was implementing this current project, I had to call for the design.

“There is no personal interest in this project. The idea of that project came from the ingenuity of Mr President (Bola Tinubu) when he was governor; he was the one who procured the right of way within the Lagos corridor and gazetted it.

“The reason for the project taking off now is all about how we can inject some activities into the economy. If we want to come out of inflation, we have to look at investments in infrastructure and that is what this project is addressing. It is addressing a lot of elements of return on investments. There is no personal interest associated with that.

“It is quite petty to ask why it is starting from Lagos and not Calabar. The name of the project is ‘Lagos-Calabar Coastal Road’ and not the other way around. This means there is a zero point, which happens to be at Ahmadu Bello Way, which coincides with the Eko Atlantic.”

On status of the project he opined “That is pure coincidence. We have started the project already and it is progressing. As of today, I can tell you that about 80 per cent of the first 1.3km is completed.”

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JUST IN: Tension Mounts As Police Secure Rivers Assembly Amid Crisis

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The standoff between Governor Siminalayi Fubara of Rivers State and Minister of the Federal Capital Territory (FCT), Nyesom Wike, intensified on Friday as police presence swelled at the House of Assembly quarters along Aba Road, Port Harcourt.

With approximately 30 officers securing both the primary and secondary entrances and an additional 25 patrol vans blocking other access points, the situation grew increasingly tense.

This development followed accusations by House Speaker Martins Amaewhule, who alleged Governor Fubara’s involvement in plans to demolish the legislative quarters.

Governor Siminalayi Fubara  had made a surprise visit to the facility on Thursday afternoon, stating that he wanted to assess the premises following the appointment of a new Speaker.

He said, “Is the Assembly quarters not part of my property? Is there anything wrong in going to check how things are going on there?

“You are aware of the developments. We have a new Speaker, and I went there to see for myself how things are. There might be a few things I might want to do there for the good of our people.”

According to reports, after Amaewhule’s alarm, anti-Fubara lawmakers and certain All Progressives Congress (APC) chieftains maintained a vigil around the estate until Friday.

Earlier, a Rivers court had restrained the Pro-Wike lawmakers from identifying themselves as legislators, declaring their seats vacant. Meanwhile, the ‘Sim Media Volunteers’ group, during a news briefing in Port Harcourt on Friday, urged the Inspector-General of Police to oversee police activities in the state and ensure adherence to rules of engagement.

Frank Kilsi, the Convener, expressed concern over the arrest and intimidation of the governor’s supporters by the police, warning that such actions could lead to anarchy.

Kilsi stated, “We call on the Inspector-General of Police to rein in his men and exercise restraint by stopping the unnecessary attack or wanton arrest on any of the governor’s supporters, as further harassment could lead to anarchy and breakdown of law and order that may not do our state any good.

“We, the youths of the state, under the aegis of SIM Media Volunteers do hereby emphasize the need for peace, justice and development in Rivers State.

“We implore all relevant stakeholders such as the citizens, political leaders, traditional institutions and law enforcement agencies, to ensure that the rights and freedom of the people are upheld and protected at all times.

“To this end, we would like to acknowledge and applaud the great youths of Rivers State for being peaceful and law-abiding even in the face of provocation”.

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Tinubu Confers GCON On Awujale

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In a momentous ceremony marking the 90th birthday of Oba Sikiru Adetona, the esteemed Awujale and paramount ruler of Ijebuland, President Bola Tinubu bestowed upon him the prestigious Grand Commander of Order of Nigeria (GCON).

Held at the Oba Sikiru Adetona School of Governance, Olabisi Onabanjo University, Ago-Iwoye, Ogun State on Friday, the event witnessed Vice President Kashim Shettima representing President Tinubu.

Additionally, the President directed the transfer of management of the revered school to the National Institute of Policy and Strategic Studies, Kuru, Jos, in honor of Oba Sikiru Adetona’s enduring legacy.

President Tinubu hailed Awujale as an exceptional royal figure and a stalwart of Nigerian democracy, revered nationwide for his unwavering commitment to national progress and resilience in confronting challenges.

 

 

Details later……. . 

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