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$76m BASA Funds Rot In CBN

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As the nation’s airports and aviation services continue to cry for more attention the Federal Ministry of Aviation yesterday disclosed that the $76 million Bilateral Air Service Agreement (BASA) funds meant for provision of infrastructure at the nation’s airports is still lying fallow  in the coffers  of Central Bank of Nigeria (CBN).

But the Ministry was also only able to put less than 30% of its 2010 budgetary allocation to work.

The  Permanent Secretary of Federal Ministry of Aviation, Ann Etta  and the Director-General of Nigerian Civil Aviation  Authority (NCAA), Harold Dumuren made this known while briefing the Senate Committee on Aviation during an interactive session held at the National Assembly complex.

Dumuren  told the Sylvester Anyanwu -led committee that the BASA funds were still stashed in the bank because none of the airline operators had so far expressed interest in accessing the fund.

His words, “We have $76 million in that account with Central Bank of Nigeria and nobody has touched it, the money is intact.”

According to Ann Etta, the Ministry and its agencies including the Federal Airport Authority of Nigeria (FAAN), Nigeria College of Aviation Territory (NCAT)  could only to access  the sum of N14,826,719,995.56, out of the N45.997 billion appropriated for them in the 2010 Appropriation.

She explained that N14.9 billion was expended on  projects  including the  installation of 10 3D Rapiscan full body scanners at Murtala Mohammed International Airport  Lagos, Nnamdi  Azikwe International Airport, Abuja,  Port Harcourt and Kano Airports as well as 22 walk-through metal detectors and 14 baggage scanning machines installed at various airports including the Presidential wings.

The FAAN   Managing Director,  Frank Aisegbogun who decried the state of infrastructure at the 20 other airports, told the senators  that the agency had procured 2,500KVA generators to replace the existing ones at Muritala Murhammadu and Abuja airports in the bid to improve power generation at the airports.

He, however, explained that only two of the 22 existing airports being managed and administered by the agency were self-sustaining, while the remaining 20 were in poor state and funded by the revenue generated from the two functional airports.

Regrettably, the NCAA boss could not give  the Senators  a picture of the internally generated revenue (IGR) from various agencies but promised to do so at the next meeting

On non-payment of compensation to families of the victims of the three aircrafts namely, Sosoliso, ADC and Bellview, the NCAA boss noted that the delay by the insurance companies to pay was  caused by various litigations and multiple claims by the families of the victims.

Earlier in his speech ,  Chairman of the Committee , Senator Sylvester Anyanwu had noted that the aviation industry was highly sensitive to the economic growth of the nation, hence, it required intensive work and oversight functions to ensure that it reached its maximum development level.

Senator Anyanwu also noted that though  there had been some appreciable changes in the Nigerian Airports, in the areas of acquisition of new aircrafts, and the  Category 1 status of the runways, upgrading of the Enugu International Airport, much needed to be done to improve the system.

He challenged the committee, and the ministry and its parastatals to ensure that the nation’s airports are safe and effective.

 

Nneka Amaechi- Nnadi, Abuja

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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