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FG’s Aviation Projects Will Boost GDP By N300bn – Minister

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The aviation industry will, in the near future, contribute over N500billion to Nigeria’s Gross Domestic Product (GDP) annually and support more than 200,000 jobs, the Federal Ministry of Aviation has said.
The ministry also projected that the sector will contribute an additional N300billion to the Nigerian economy directly and indirectly.
This, it said, will come from additional investments, construction of aviation infrastructure and foreign direct investment inflows into the industry.
Minister of Aviation, Stella Oduah, while speaking on the topic, “Understanding the Master Plan” in Lagos, said that there is also the forecast that by the time the Aerotropolis Project is completed, additional 80,000 – 100,000 job opportunities would have been created.
She added, however, that the inability of Nigeria to reciprocate its Bilateral Air Service Agreement (BASA) rights, dominance of international carriers on regional and international routes to and from Nigeria, resulting in capital flight of about N300billion annually, among others, had debarred Nigeria from attaining its envious glory in aviation.
Oduah also attributed part of the deep-rooted problems in the sector to leakages in revenue collection occasioned largely by manual collection of statutory fees.
According to her, “Stagnant aviation manpower development and human capital flight of indigenous aviation professionals and experts; inability to take advantage of the favourable geographical location, and demographic advantages of Nigeria in the West African sub-region”, were some of the challenges.
“Also, a total absence of maintenance and repair organisations (MROs) with the attendant drain on foreign exchange had been the bane of the sector,” she added.
Oduah noted that with the prediction of giant aircraft manufacturers, Airbus, the sector must be repositioned to align with global developments.
“Airbus projects that the number of passengers will rise by 145 per cent between 2007 and 2026 from 2.5billion to 6billion,” she said, adding that “air transport will directly employ about 8.5 million people and contribute $1trillion to world GDP.
“Aviation, its supply chain and the spending of employees in these businesses, will support 23 million jobs and contribute $2.6trillion of GDP,” she stressed.
“In relation to tourism, aviation will sustain 50million jobs and pump $3.6trillion into GDP; even more when you consider the impact of other industries dependent on aviation that are harder to measure,” she assured.

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NIGERIA AT 65: FUBARA HARPS ON UNITY, PEACE

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The Governor of Rivers State, Sir Siminalayi Fubara, has begun the celebration of Nigeria’s 65th Independence anniversary with a Juma’at service where prayers were offered for the progress of the state and Nigeria.

Governor Fubara, who advocated for peace and unity of Nigeria during the prayers on Friday at the Rivers State Central Mosque, Port Harcourt, indicated that without peace, the accelerated development of Nigeria will remain in a limbo.

Governor Fubara, who was represented by Alhaji Abdurrazaq Diepriye, therefore urged citizens to remain patriotic.

According to him, “Allah has brought us this far. Without peace, we can not have progress and economic development. I call on all citizens irrespective of creed or tribe to remain patriotic.”

He thanked President Bola Tinubu for restoring peace in Rivers State while also using the forum to appreciate security agencies for their relentless effort in upholding the peace and unity of Rivers State and Nigeria.

 

The Chief Imam of Rivers State Central Mosque, Imam Ibrahim Yaloo, admonished Moslem faithful to always speak the truth, adding that those who obey Allah will be directed to good deeds and their sins forgiven.

 

Prayers were offered for Rivers State and Nigeria.

 

Other activities to mark the 65th Independence anniversary in the state include an Inter-denominational Church Thanksgiving Service on Sunday, 28th September and Parade Ceremony on Wednesday, 1st October.

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Shettima departs New York for Germany after UNGA engagement

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Vice-President Kashim Shettima departed New York on Sunday after representing President Bola Tinubu at the 80th session of the United Nations General Assembly.

In a statement released on Sunday by the VP media aide, Stanley Nkwocha, the Vice President is now headed to Germany, where he will hold strategic meetings with officials of Deutsche Bank.

The statement read, “Vice President Kashim Shettima has departed New York, United States, after successfully representing President Bola Ahmed Tinubu, GCFR, at the 80th Session of the United Nations General Assembly.

“During his participation at UNGA 80, VP Shettima secured UN Secretary-General António Guterres’ commendation for Nigeria’s bid for a permanent UN Security Council seat.

“He also showcased Nigeria’s $200 billion energy transition opportunity to global investors and strengthened strategic partnerships with the UK on trade, defence, and migration issues.”

Nkwocha added that the VP delivered Tinubu’s national statement, calling for UN reforms and a permanent seat for Nigeria at the UN Security Council, and “demanded Africa’s control over its $700 billion mineral wealth, and digital inclusion initiatives.”

“He also engaged with the Gates Foundation on healthcare and education expansion, positioning Nigeria as the natural hub for the African Continental Free Trade Area’s $3.4 trillion market.

“VP Shettima was seen off at John F. Kennedy International Airport, New York, by cabinet Ministers who were part of the UNGA 80 delegation and Nigerian Mission officials.”

The aide noted that Shettima will return to Nigeria immediately after his engagements in Germany.

The Tide source recalls that the VP departed Abuja, yesterday.

He led other Nigerian officials at the Assembly.

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FG holds special thanksgiving service ahead of 65th Independence Day

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As part of Nigeria’s 65th Independence anniversary celebration, the Federal Government held a special thanksgiving service on Sunday at the National Ecumenical Centre in Abuja to offer prayers and give thanks for the nation.

The event drew top government officials and security chiefs, including Senate President Godswill Akpabio and Secretary to the Government of the Federation, George Akume, as well as their spouses.

Other notable guests included Finance Minister and Coordinating Minister of the Economy Wale Edun, former Plateau State Governor, Senator Simon Lalong, and the Chief of Defence Staff, General Christopher Musa, who led the service chiefs in attendance.

Service chiefs present included the Chief of Naval Staff, Vice-Admiral Emmanuel Ogala, Inspector-General of Police Kayode Egbetokun, Comptroller-General of the Nigerian Immigration Service, Mrs Kemi Nandap and Controller-General of the Nigerian Correctional Service, Sylvester Nwakuche, among others.00

The service came days after the government unveiled the official theme and some of the activities slated for the 2025 Independence celebrations.

This year’s anniversary is tagged “Nigeria @ 65: All Hands on Deck for a Greater Nation,” as announced by the Director of Information and Public Relations at the Office of the Secretary to the Government of the Federation, Segun Imohiosen, in a statement on Wednesday.

“As part of activities to mark the 65th Independence Anniversary, the Juma’at Prayer and the Inter-Denominational Church Service will be held on Friday, 26th September at 1 pm and Sunday, 28th September at 10 am respectively, as well as the World Press Conference on Monday, 29th September at 10 am,” he said.

The Tide source had earlier reported that President Bola Tinubu, alongside former Heads of State, Yakubu Gowon, Olusegun Obasanjo and Goodluck Jonathan, is expected as a special guest at a national discourse convened by the Island Club, Lagos, to mark Nigeria’s 65th Independence Anniversary.

 

 

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