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Nigeria Air Won’t Be Advantageous To Nigerians

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Nigeria Air Won't Be Advantageous To Nigerians

The proposed Nigeria Air, according to Captain Roland Iyayi, a former director general of the Nigerian Airspace Management Agency (NAMA), would not be advantageous to the Nigerian people.

Additionally, he said that Ethiopian Airlines’ acquisition of a majority share in Nigeria Air was not transparent and would result in unfair competition in the nation’s airspace market.

This statement was made by Captain Roland Iyayi in an AriseTV interview on Wednesday.

An interim injunction prohibiting the Nigerian government from establishing its intended national airline, Nigeria Air, was previously issued by the Lagos Federal High Court.

He said: “The dealings are not entirely transparent. We have issues with that; we also find out, going through all the documents provided, that there are undue privileges given to this new carrier which domestic operators aren’t enjoying. For instance, the government proposes a 15-year tax moratorium for the national carrier. Again let us be very clear, this is not a national carrier in the context in which it is being presented. This is a flag carrier. This is because if you are bringing strategic investors at 49% and it has other institutional investors, one of which is 60% owned by a foreign entity. In the long term, what you are putting together is a foreign airline being allowed to operate in the Nigerian space in variant with Article 7. This is not in the interest of the Nigerian public.

“Ultimately, the Nigerian public won’t benefit from Nigeria Air. There will be unfair competition if we allow a foreign carrier to come in with special privileges other carriers aren’t getting.”

He explained that Airline Operators of Nigeria, AON went to court because the government had already chosen Ethiopian Airlines before the process even began.

In addition, he claimed that Ethiopian Airlines had listed Nigeria Air as one of its subsidiaries on its website.

“I don’t think Nigeria wants a national carrier that is a subsidiary of another country. Nigerians are looking for a national carrier freely owned by Nigerians.

“Unfair competitions, contrived outcomes, lack of transparency will result in a distorted market which at the end of the day will decimate the domestic market detrimental to Nigerians,” he added.

The nation’s planned national carrier, Nigeria Air, was revealed on July 18, 2018, at the Farnborough Air Show in England.

The concept of a national airline was floated several years after Nigeria Airways, the country’s airline, failed due to management corruption and corruption.

 

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Alakija Hails Gov Adeleke

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The Chancellor of Osun State University and Executive Vice Chairman of Famfa Oil Limited, Folorunso Alakija has described Governor Ademola Adeleke as “an action Governor who is delivering good governance to the good people of Osun state”.

She bared her mind, while hosting Gov Adeleke at the Ikoyi headquarters of Famfa Oil Limited.

According to her, she she has been following activities of Gov Adeleke since he assumed office, and commended him for setting a good leadership example.

The billionaire businesswoman on the occasion flanked by two of her directors, Ladi and Folarin Alakija, noted that the Osun State Governor has been demonstrating strong passion for public service and pursuing a big agenda for the state.

She prayed to God Almighty to strengthen the Governor for a second term in office, as in her opinion, four years were not enough for an action governor like Gov Adeleke to deliver fully on his ambitious agenda for the state.

Reviewing her tenure as the Chancellor of the Osun State University, the Famfa boss recalled the conception and stages of completion of the UNIOSUN Medical Research and Training Hospital which she wholly donated and financed.

She pointed out that the project which is 95 percent completed was designed to serve the health needs of patients from far and near and elevate service to humanity to a higher level.

Earlier, Governor Adeleke, accompanied by the Vice Chancellor of the Osun State University, Prof Odunayo Clement Adebooye and other state officials, said he was ‘on a thank you visit to the business mogul to appreciate her huge contributions to the growth and development of the state university’.

Gov Adeleke expressed appreciation for the massive multi-billion naira Medical Research and Training hospital that Apostle Dr Alakija was building at the State university, describing Famfa boss as “a commendable role model in the field of philanthropy.

“We are here as a government to appreciate you. You are uncommon and rare in your love for service to humanity.”

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JUST IN: FG Announces Launch Date For Student Loan Applications

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The Federal Government of Nigeria (FGN) has announced that the portal for student loan applications will officially open on May 24, 2024.

This development is part of the Nigerian Education Loan Fund’s efforts to enhance access to higher education, as stated by the Fund’s media lead, Nasir Ayantogo, on Thursday night.

According to Ayantogo, the launch of the application portal is a significant step in President Bola Tinubu’s commitment to providing accessible and inclusive education for Nigerian students.

This initiative follows the signing of the Access to Higher Education Act, 2023, by President Tinubu on June 12, 2023 which aims to provide interest-free loans to financially disadvantaged students pursuing higher education in Nigeria.

Dele Alake, a member of the former Presidential Strategy Team, noted that this move fulfills one of President Tinubu’s key campaign promises to liberalize funding for education.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to handle all loan requests, grants, disbursements, and recoveries.

Initially, the government announced that the scheme would launch in September, but it faced several delays, resulting in an indefinite postponement in early March.

The Presidency attributed the delay to President Tinubu’s directive to expand the scheme to include loans for vocational skills.

Following a briefing from the NELFUND team led by the Minister of State for Education, Dr. Yusuf Sununu, on January 22, President Tinubu instructed the Fund to extend interest-free loans to Nigerian students interested in skill-development programs.

President Tinubu stressed the importance of including those who may not seek university education, noting that skill acquisition is equally as important as earning academic degrees.

He had said, “This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,”

Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

According to the statement, the portal features a user-friendly interface, allowing students to conveniently submit their loan applications.

The statement added, “We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation. Students can access the portal on www.nelf.gov.ng to begin application.”

 

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JUST IN: Tinubu Welcomes Senegal’s Youngest President At Villa

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President Bola Tinubu received Senegal’s newly elected President, Bassirou Faye, at the Aso Rock Villa in Abuja on Thursday.

Faye, who arrived at 3:09 p.m., is making his first official visit to Nigeria since taking office last month.

At 44, he is the youngest president in Senegalese history, having secured a decisive victory in April’s delayed presidential election with over 54% of the vote.

 

 

 

More to follow…….. 

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