Business
CPC Tasks Agencies On Airlines’ Audit
The Consumer Protection Council (CPC) has called on regulatory agencies to conduct thorough audit on airlines to ensure safe operations and passenger satisfaction.
The Director-General of CPC, Mr Babatunde Irukera, said this in a statement issued last Friday in Abuja.
Irukera’s call followed an emergency landing of Arik Air Flight W3304 at Kotoka International Airport, Accra, Ghana on Tuesday evening.
“On March 6, Arik Air Flight W3304 departed Murtala Mohammed International Airport, Lagos (LOS) for Kotoka International Airport, Accra at approximately 19:15hrs for a 55-minute flight.
“The flight was operated by a Dash 8 Q400 turbo propeller aircraft.
“Close to arrival and approximately 81 miles from Accra, passengers reported smoke in the cabin of the aircraft.
“The captain confirmed that there was smoke in the cabin from an unknown source, but secured the operation of the aircraft and declared an emergency and landed the aircraft in accordance with emergency landing procedures,” Irukera stated.
He, however, said all the passengers and crew disembarked safely and ultimately received their baggage.
Irukera urged relevant aviation authorities to ensure full compliance with local and other applicable consumer protection laws, regulations and protocols particularly, but not limited to the Nigerian Civil Aviation Regulations Part 19.
The CPC boss acknowledged efforts of the Nigerian Civil Aviation Authority (NCAA) in this direction, insisting that the efforts should be reinforced to avoid incidents in the sector and to sustain consumer confidence.
“Although, there have been reported accidents in world aviation in recent times and incidents in Nigeria, CPC understand that NCAA is exercising additional scrutiny and precaution to continue to ensure safe operations and passenger satisfaction.
“CPC welcomes this assurance, while underscoring the importance of such efforts to avoid incidents and sustain consumer confidence in the sector,” he added.
He said the commission understood that Ghanaian aviation authorities had been notified and were in charge of inquiring into and investigating the incident, adding that the aircraft remained on ground in Accra.
Irukera also commended the Federal Executive Council (FEC) for its unprecedented attention and action in directing a safety audit of a domestic airline involved in an incident.
He, however, advised consumers to always “exercise their rights by demanding and insisting on appropriate services and providing timely information to relevant authorities in the event of irregularities.”
Business
Food Vendors, Others Relocate To New Site At PH Airport
The raging controversy between the Port Harcourt International Airport Management and restaurants/canteen operators and theirallies over relocation has been brought under control, as the operators have commenced relocation to their structures at the new site.
Recall that there had been serious feud over a directive by the Manager of the airport, Mr. Michael Area, for food vendors and their allies to relocate to the new site.
They insisted that the new site was too distant and hence, would negatively affect patronage from customers, with possible loss.
They further also insisted that it wouldcost them much money to put up another structure, given the economic situation in the country, since the airport management did not build any structure for them, apart from providing the empty land they have to also pay for.
The situation had led to flexing of muscles, which made the Airport Manager to order for sealing of all shops, resulting in scarcity of food, as airport users could not find a place to eat, apart from the only Genesis fast food spot available.
As at last Friday, The Tide observed that most of the food vendors had transferred their structures to the new place, and had started doing business there already.
Meanwhile, customers have started settling down at the new location as they were seen patronising shops for foods and drinks, in spite of the distance.
Few of the remaining structures at the old site, The Tide further gathered, will also be removed as quickly as possible, and the owners are making efforts to get funds for the job to be done.
One of them, Mrs Aka Love explained that she was going to relocate to the new place before the end of March.
Currently, business activities at the old site have come to null, as the place which was usually a beehive of food, drinks and relaxation, has completely winded down.
By: Corlins Walter
Business
MOWCA Strengthens Maritime Crime Prevention
Secretary General of the Maritime Organisation of West and Central Africa (MOWCA), Dr. Paul Adalikwu, has stepped up interaction with the United States Government to lift restrictions placed on some member countries allegedly implicated in illicit shipping activities.
Adalikwu, who led a delegation from the MOWCA Secretariat to the US Embassy in Abidjan for a first leg of the strategic consultation aimed at promoting seamless participation of MOWCA countries in international trade within the global maritime space, reiterated the organisation’s commitment to the best ethical and lawful maritime practices.
Addressing the U.S Ambassador to Côte d’Ivoire, H.E Mrs Jessica Davis Ba, the MOWCA SG stated the organisation’s interest in promoting the International Ship and Port facility Security (ISPS) code which aims at enhancing security of vessels and their ports of call.
He expressed the commitment of MOWCA in promoting environmentally friendly, safe and cost effective shipping without any encumbrance that may limit the economic potential of member countries.
Dr Adalikwu recalled that at the instance of the U.S. Department of State invitation, MOWCA participated in the 2023 Registry Information Sharing Compact (RISC) Conference in Larnaca, Cyprus, on February 28–March 1, 2023, and a virtual meeting held on June 6 2023, with Mrs Jennifer Chalmers, Officer in change of Counterproliferation Initiative.
He recalled The U.S. DOS willingness to support MOWCA’s effort for preventive maritime security through the establishment of the Center for Information and Communication (CINFOCOM) with the aim to ensure a maritime situational awareness domain within MOWCA’s member states’ waters.
He added that MOWCA under his watch is committed to training and retraining of maritime practitioners and experts to enhance the human capital capabilities of member states.
The CINFOCOM will help prevent transnational crimes committed at sea like sanctions evasion by North Korea and other state actors, who exploit poor enforcement due diligence by ship open registries to circumvent United Nations and U.S. trade restrictions.
By: Nkpemenyie Mcdominic, Lagos
Business
Nigeria’s Public Debt Hits N97.3trn – DMO
The Debt Management Office (DMO) has hinted that Nigeria’s public debt increased by 10.7 per cent from N87.87 trillion in the third quarter of last year, to N97.34 trillion as at December 31, 2023.
DMO, in an update data released last Friday, said the increase in the debt stock was largely due to new domestic borrowing by the Federal Government to part finance the deficit in the 2024 Appropriation Act and disbursements by multilateral and bilateral lenders.
The office noted that the N97.3 trillion public debt comprises of domestic debt of N59.12 trillion and external debt of N38.22 trillion. The sum of $3.5 billion was used to service external debt during the review period.
“Nigeria’s Public Debt Stock as at December 31, 2023 was N97.34trillion or $108.229 billion. This amount comprises the domestic and external debt stocks of the Federal Government of Nigeria (FGN), the 36 States Governments, and the Federal Capital Territory (FCT).
“There was an increase of N9.43 trillion over the comparative figure for September, 2023, which was largely due to new domestic borrowing by the FGN to part finance the deficit in the 2024 Appropriation Act and disbursements by multilateral and bilateral lenders.
“At N59.12 trillion, total domestic debt accounted for 61 percent of the total public debt stock, while external debt at N38.22 trillion accounted for the balance of 39 percent.
“Consistent with the debt management strategy, Nigeria’s external debt stock was skewed in favour of loans from multilateral (49.77 percent) and bilateral lenders (14.02 percent) or total of 63.79 percent which are mostly concessional and semi-concessional.
“Whilst the DMO continues to employ best practice in public debt management, the recent and on-going efforts of the fiscal authorities to shore up revenue will support debt sustainability”, DMO stated.
By: Corlins Walter
-
Business4 days ago
MOWCA Strengthens Maritime Crime Prevention
-
News4 days ago
Emulate Otti, Obey Court Order Stopping Pension To Ex-Govs, SERAP, OBJ Tell Tinubu, Govs
-
Niger Delta4 days ago
Group Commences Mangrove Restoration Initiative In Cross River Communities
-
Sports2 days ago
Tornadoes Fight-Back To Stun Shooting Stars
-
Rivers3 hours ago
PH NiMECHE Inaugurates 9th Executive
-
Editorial4 days ago
Delta Killings: Need For Caution
-
Rivers4 days ago
Show Example In Leadership, Cleric Urges Nigerian Leaders
-
Niger Delta2 days ago
Diri Appoints New SSG, CoS, Retains CPS