Business
NAMA Discourages Air Traffic Delays
The Managing Director of the Nigerian Airspace Management Agency (NAMA) Alhaji Ibrahim Auyo has charged air navigation service providers to strive to reduce all forms of air traffic delays without degradation in air service quality.
Alhaji Auyo noted that efficiency in service delivery was sensitive to aviation system survival, stressing that efficiency in aviation was measured by the number of aircraft movements within a given unit of the airspace per unit time.
According to him, the Agency was expediting action on the on-going installations work on Port Harcourt and Kano centres including the augmentation stations that will impact significantly on the safety levels in the country’s airspace when completed. He further explained that the Agency within the past two years has been able to train over 100 officers on Terminal and Area Radar control courses in Miami, Florida as part of human capacity building and the workers to reciprocate the gesture by ensuring and insisting on high service quality delivery.
The President of Nigerian Air Traffic Controllers Association (NATCA) Jibrin Haske earlier at the 38th AGM described the non installation of associated approach and runway edge lights at the 182 of the Murtala Mahammed airport had made it impossible for optimal operations as flight cannot operate after sunset and during inclement weather conditions.
Haske said the lack of these navigational equipment has added to undue delays to traffic at the airport. The NATCA President stressed the need for training, retraining of personnel in 2020 based on the requirements and needs of the organization regardless of the expressed extraneous interest that abound by setting aside sentiments that will not help the growth of the organization.
According to him, developing massive training programme for ATC personnel in 2010 will make up for the gaps in the training programme over the years.
Sentiments should not be allowed to bear on an otherwise serious professional and technical decision that should be taken to ensure the safety and integrity of the Nigerian air navigation system which is the original mandate of the organization.”
The 38th AGM of the air traffic controllers had as its theme, Modern Trend in Professional Air Navigation provision: Identifying our core values for effifiency.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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