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New Year: Abuja Airport Records Low Patronage

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The Nnamdi Azikiwe International Airport, Abuja, yesterday recorded low movement of passengers as the world prepares to celebrate the New Year today The Tide source reports.
Both the departure and the arrival sections of both domestic and international wings of the airport were deserted unlike December 24, when there was heavy traffic.
Mr Tony Ameh, manager, Aero Contractors, said that the rush associated with festive period was minimal, adding that the airline had recorded less number of passengers as against the previous years.
Ameh disclosed that the airline had more passengers during the Christmas period, adding that the airline had only five flights today compared to the 11 flights it operated during Christmas.
He added that there was no fare hike during the season, explaining that the difference in ticket price was as a result of online booking and on the counter booking.
According to him, aside the fact that the economy is not too good at the moment, a lot of people that travelled to different parts of the country for Christmas are yet to return.
“We have lesser number of passengers this year compared to last year’s and the previous years, and I believe it is due to the present economic situation in the country.
“During the Christmas period we have more passengers than today because we have only five flights out of Abuja today while during Christmas we operated 11 flights.
“Like today, there is no fare hike unlike during Christmas when there was high demand for seats because if you are buying ticket over the counter you tend to pay more.
“But when you buy your ticket online with some days’ interval, you enjoy cheaper fare but as you are approaching the flight, the fare goes up,’’ he said.
However, Ameh expressed optimism for a better and violence free Nigeria devoid of terrorism as much as better economic improvement in 2016.
“I wish our esteem customers safe flights in 2016 as they continue to fly with us and I want to remind them that air is the most secured mode of transportation.
“We promise our customers better services, affordable fares, on-time departure and improved service delivery as we pray that God continues to guide us to maintain good safety records,’’ he said.
A traveller, Alhaji Ahmed Yusuf, told reporters that he expected that government would do better things to the country in 2016, especially in the area of air transportation.
Yusuf said the nation’s aviation sector had a long way to go in the area of service delivery by the airlines, adding that infringement on the right of passengers was rampant among airlines.
“We have been experiencing problem with the airlines because they disappoint people without apology,’’ said Yusuf.
He however called on the government to improve on its enforcement functions to ensure that air travellers enjoyed the services they paid for.
“After you book a flight, they keep you waiting for two to three hours and in the end cancel flights, and the only thing they can do is refund your money without apology which is wrong.
“At least the regulatory agencies should come out with something to protect the right of travellers.
“The government needs to move to encourage the airlines to improve on their service delivery by implementing those laws that protect the right of passengers,’’ he said.

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PENGASSAN Tasks Multinationals On Workers’ Salary Increase 

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.
Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.
The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.
PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.
He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.
“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.
Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.
“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.
“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.
“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.
“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.
Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.
“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.
“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.
“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.
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SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

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The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.
The Commission disclosed this in a statement posted on its website.
According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.
The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.
According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.
“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.
The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.
Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.
“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.
The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.
It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products 

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.
The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.
NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu
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