Connect with us

Business

Committee On Aviation Security Extends Report Submission Date

Published

on

The Chairman, Ministerial
Committee on Assessment of Aviation Security, Air Commodore Hambali Tukur, said that the committee had extended the date for the completion and submission of its report to the Federal Government to next week.
Tukur told The Tide source in Abuja that the initial three weeks timeline given to the committee could not be met due to some issues it encountered at the beginning.
Tukur added that the Easter holiday also contributed to the delay, adding that the government granted the committee an extension of time to enable it to complete the assignment. “We are still on the assignment and we are hoping to complete it in the coming week.
“The initial timeline was three weeks but the ministry granted more time to finish the assignment because of some unforeseen issues we encountered in the course of our job.
“I can assure you that in the coming week, the assignment would have been completed and when the report is out, it will be made public for everyone to analyse it‘.’’
Tukur thanked the President, International Civil Aviation Organisation (ICAO), Dr Benard Aliu, for his visit to Nigeria and commended the organisation’s Audit Team for paying attention to the country’s aviation industry.
He said that the visit of the world aviation body and its president was a good sign for the industry and the country, urging the government to implement all the recommendations made by the ICAO boss.
According to him, given the place and importance of aviation around the world, there must be adherence to certain minimum standards for the sake of passengers and all participants in the industry.
“It is good for ICAO to from time to time carry out this audit and advise on how to improve aviation safety and security at least not only in Nigeria but all over the world.
“Like I said earlier, for the ICAO President to come to Nigeria, it shows the importance the world body attached to the nation’s civil aviation, especially the change in the new administration.’’
Tukur also commended Aliu for the decision of ICAO to make the Nigeria College of Aviation Technology (NCAT) a regional training centre in Africa.
According to him, NCAT is a premier institution in Africa and therefore, should be given its pride of place in the region through necessary upgrades and transform it into a world class Aviation College.
Tukur further said that the establishment of a national carrier would help boost the contribution of the aviation sector to the country’s Gross Domestic Product (GDP), adding that many countries had sustained their economies through aviation.
He, however, advised that adequate steps be taken to ensure that the country does not repeat the mistakes that led to demise of the defunct Nigerian Airways.
According to him, the economy must be able to sustain the aviation industry before a country can have a national carrier, because it is foreign currency dependent.
“We don’t manufacture things that the industry uses; that means there would be high demand of foreign currency to take off to such a level that we would be able to use local content.
“Many countries, even within the African region, have moved aviation to such a position that their economy depends on it.
“Take Ethiopia for instance, Ethiopian Airline is world standard because it is part of the star alliance and it is contributing greatly to the economy of that country.
“The same thing will happen if Nigeria is able to marshal its resources and give the aviation industry the boost it needs with the establishment of a national carrier,’’ Tukur said.

Continue Reading

Business

Eradiri Faults NDDC Leadership Structure Wants Agric As Top Priority

Published

on

The Special Adviser to the Sole Administrator of the Niger Delta Development Commission (NDDC) on Youths, Udens Eradiri, has faulted the leadership structure of the commission, saying it has not helped the cause of the Niger Delta in the last 25 years.
Describing the leadership structure of the NDDC as faulty, he said that the faulty leadership structure was the reason why President Muhammadu Buhari ordered for a forensic audit in the commission.
Eradiri who is the former president of the Ijaw Youths Council (IYC)
disclosed this while speaking to aviation correspondents, last Friday, shortly on arrival at the Port Harcourt International Airport, Omagwa, from Abuja. 
He said the outcome of the forensic audit would be used to do a wholistic reorganisation of the organogram of the commission.
According to him, the wholistic review of the organogram of the NDDC will help in putting the leadership structure in order, and enable things to function properly.
“The leadership structure of NDDC in the past years had been faulty, and that was why the President said there should be forensic audit, which would be used to do a wholistic review of the organogram of NDDC, so that it can function properly.
“The new board is coming soon, but the whole process will pass through the National Assembly to be cleared”, Eradiri said.
On the achievement of the present NDDC management, the special adviser said that the Effiong Akwa led administration had recorded some landmark achievements compared to the last 25 years. 
He said that the present interim management within two years completed and commissioned the headquarters of the NDDC, which had been left for over 25 years.
He also said that the completion of the East-West road project had intensified under the present management, adding that NDDC has also supported states on sanitation through donation of trucks.
Eradiri, however, admitted that the present interim management had not taken a firm stand on agricultural development even though it has been working with the Central Bank of Nigeria on the Anchor Borrowers Scheme.
“I believe that the only tool to use and get ourselves out of the quagmire we find ourselves is agriculture, and I think that the NDDC can design its own scheme on how to grow agriculture as a deliberate policy.
“This will bring change that will grow the region’s economy. We must talk about agricultural processing, and we can put palm oil into sachet, and even students can be buying them,” he said.

By: Corlins Walter

Continue Reading

Business

Nigeria Lost N851bn To Oil Theft, Sabotage   – NEITI

Published

on

Nigeria lost N851.84bn ($2.78bn) to oil theft and pipeline sabotage in 2019, the Nigerian Extractive Industry Transparency Initiative (NEITI)   has said.
NEITI said this in its latest oil and gas industry audit report.
NEITI stated that it arrived at the estimate after using an average price of $65.61 per barrel and an average exchange rate of N306.42/$ .
It, however, noted that there was a significant reduction of 21 per cent from the previous year, where 53.28 million barrels were lost.
Losses such as these are recorded by companies whose crude volumes are carried through pipelines easily compromised by saboteurs.
The report also stated that some oil terminals recorded no production. These included Aja operated by Bayelsa Oil, whose license was revoked by the government.
Others were Asaramatoru and Oyo managed by Prime and Allied/CAMAC who were reportedly inactive for the year.
Nigeria earned a total of N10.49tn ($34.22bn) from crude oil and gas sales. This was a marginal 4.88 per cent increase from 2018 revenues of N9.99tn ($32.63bn).
The total crude oil production recorded was 735.24 million barrels, a 4.87per cent increase from 701.10 million barrels reported in 2018.
A total of N2.145tn ($7.011bn) was the domestic sales proceeds in 2019 from 107.24 million barrels of crude oil. This was 0.36 per cent lower than the domestic crude sales of 107.63 million barrels in 2018.

Continue Reading

Business

Residents Task New Council Chairmen On Dev, Agric Policies

Published

on

Some residents in the 23 local government areas of Rivers State have urged the newly sworn-in council chairmen in the state to come up with good agricultural and developmental policies that will transform the grassroots.
They also urged the council boss to take pragmatic steps and actions towards tackling security challenges to encourage business activities thrive in their domains. 
Some of the residents who spoke with The Tide at the weekend, noted that the local government administration in the state had not faired well in terms of real development in recent times, and urged the new council helmsmen to change the narratives. 
A resident of Emohua Local Government Area, Mr Charles Amadi, noted that no real development had taken place in the area, lamenting the dearth of companies and small scale industries in the area.
He, therefore, called on the new chairman, Dr. Chidi Lyoid, not to solely depend on the monthly allocation, but to go all out to attract small scale companies to the area so as to create employment opportunities as well as generate revenue for the council.
He also urged the new chairman to invest in agriculture, especially farming and fishing.
On his part, Mr Ebenezer Otamiri who lives in Etche, urged the Etche council boss, Obinna Ayanwu, to consolidate on the achievements recorded in his first tenure, especially by building more markets for the people, as well as initiate good agricultural policy to drive the economy of the area.
He also urged the council boss to tackle the issue of electricity and security in the area, saying electricity and security are key to the development of the area. 
In his own charge, Mr Mene Geoffrey Dekaa who hails from Bori in Khana Local Government Area of the state, called on his new council chairman, Bariere Thomas, to show capacity and competence in the area of security.
He noted that the issue of security has left native imprint in the development of the area, saying many investors have left Bori, the headquarters of the council, for other places.
“Because of security challenges, many people have left Bori to build houses and invest in Nonwa- Tai, and Eleme.
“Areas like Kono-Boweeh communities are no go areas, as people there can hardly sleep. So if the chairman can work with government recognised traditional rulers and security agents, security issues will be tackled, and people’s confidence will be restored, and business activities will move on”, he said.

By: Residents Task New Council Chairmen On Dev, Agric Policies

Continue Reading

Trending