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
Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
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