Business
Travel Agents Protest Restriction Order On PH Airport Terminal Building

Some travel agents that do business at the Port Harcourt International Airport, Omagwa, have appealed to the management of the airport to allow them have access to the terminal building to enable them take care of their clients’ travelling needs.
They complained that the airport authorities were preventing them from carrying out their legitimate business, even after the renewal of their On-Duty-Card (ODC) which they renew annually.
Speaking to The Tide on the matter, one of the travel agents, Mr Kingsley Ogbonna, said he did not understand the reason why the airport authorities were restricting travel agents from doing their business at the terminal building.
“I have been in this business for over 30 years in this airport and I have never seen this type of a thing that will restrict agents from accessing the terminal after paying heavily for ODC. What is the use of the ODC annual renewal?
“As we speak now, I can no longer meet my children’s needs, even feeding now is a problem because there is no work, and the Bible has said it that he who cannot provide for his household is worse than an infidel and I do not want to be that”, he said.
Another travel agent, Mr Onyebuchi Oguguo, lamented the turnout of events at the airport in the name of COVID-19, pointing out that this does not happen in other airports in the country.
“We are almost stranded in our business in our own state, whereas, other airports are not restricting agents. The management should understand that they are denying us our meal ticket, and should please know how to handle this matter”, Oguguo said.
When The Tide contacted the Head, Corporate Affairs of the Port Harcourt Airport, Mr Kunle Akinbode, for comments, he said that the restriction order was not from the Port Harcourt Airport management, but from the Ministry of Aviation.
According to him, the Port Harcourt Airport management was only enforcing the COVID-19 order handed down to it by the Minister of Aviation, Sen. Hadi Sirika.
By: Corlins Walter
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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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