Business
Airline Maintains Four Pilots With N67.5m
The Director-General, Nigerian Civil Aviation Authority (NCAA), Dr Harold Demuren, said last Tuesday in Lagos that an airline in Nigeria spent an average of N67.5 million annually to maintain four pilots.
He spoke at a seminar entitled “Transformation Agenda: The Emerging Opportunities” organised by the Full Gospel Business Men’s Fellowship in the aviation sector.
“An airline with about four aircraft will spend an estimated 450,000 dollars (N67.5 million) on its pilots annually.
“We are losing so much money to foreign countries annually for routine maintenance carried out outside the country.
“This is due to the fact that we do not have any company where these checks can be done,’’ Demuren said.
The NCAA chief noted that the lack of training facilities for pilots in Nigeria had compelled them to travel abroad for recertification.
He said part of the whooping sum was usually used for the maintenance of hangars, establishment of ground handling companies and aviation training schools.
Demuren urged Nigerian businessmen to take advantage of emerging opportunities in the sector by providing recertification and aircraft simulator training test for pilots operating in the country.
“It is a surprise that the level of growth being experienced by our airlines is not supported by corresponding infrastructure development,’’ he added.
Dr Sam Ohuabunwa, the guest speaker and former chairman, Nigeria Economic Summit Group, urged Nigerians entrepreneurs to invest in public infrastructure and mechanised farming as a means of creating jobs.
He lauded the transformation agenda of President Goodluck Jonathan for all sectors of the economy, including the aviation sector.
“The transformation agenda will achieve a progressive growth for the country,’’ Ohuabunwa said.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
