News
Buhari Shops For Special Funding For Abuja Airport

President Muhammadu Buhari, yesterday, directed the Minister of Finance, Budget and National Planning to look for special funding for the second runway of the Nnamdi Azikiwe International Airport, Abuja.
Speaking at the inauguration of the new Terminal Building, Murtala Muhammed International Airport, Lagos, the president also directed the minister of the Federal Capital Territory to conclude the documentation of the approved 12,000 hectares of land to accommodate the runway and other developmental projects.
Further, the president tasked the minister of aviation to fast-track the airport concession programme, to boost aviation practice in the country and make the aviation industry reflect global standards.
The president noted that the completion and delivery of five brand new international airport terminals since 2015, which were at 11percent completion level then, aligns perfectly with the Aviation Roadmap, developed in 2016, for the purposes of establishing critical infrastructure, including a National Carrier as well as maintenance, repairs and overhaul centre, and improved airport terminals through concession.
Buhari, who described the administration’s investments in inter-state rail connectivity, road networks, agriculture, power and telecommunications, despite limitations in resources, as unprecedented, noted that robust initiatives have been complemented with specific fiscal policies to drive aviation infrastructure renaissance.
‘‘These include the designation of four airports, namely Lagos, Abuja, Kano and Port Harcourt as Free Trade Zones, in which customs duty is not applicable; removal of VAT on all forms of shared transportation, including air transportation; and exemption of commercial aircraft and spare parts from VAT payment.
‘‘Similar projects at both the Nnamdi Azikiwe International Airport and Port Harcourt International Airport were completed and commissioned by this administration and our people have since been benefiting from the positive economic impacts of those magnificent terminals.
‘‘The one in Kano has also been completed, and will be commissioned soon, while work continues apace to complete that of Enugu shortly,’’ he said.
The president expressed confidence that the new terminal in Lagos with 66 check-in-counters, 16 Immigration desks at arrival, 28 Immigration desks at departure, and eight security screening points, among others, would go a long way in contributing to the socio-political and economic prosperity of the country,
He added that the improvement would increase airport operations and management services to about 14million passengers per annum, create 3,000 direct and indirect jobs, increase inflow of Foreign Direct Investments (FDI) and exponential growth in the Gross Domestic Product (GDP).
He thanked the government and people of the Republic of China, through the China Export-Import Bank and CCECC Nigeria Limited, (FAAN), for their commitment and support towards the completion of the project.
The president also commended the Federal Ministry of Aviation and its agencies, particularly, the Federal Airports Authority of Nigeria, for working assiduously towards the realisation of the project.
‘‘With the delivery of this project, a new era of safety, security, and comfort has been ushered into the Nigerian aviation industry, and I am persuaded that it will get better with the passage of time,’’ he said.
The Governor of Lagos State, Babajide Sanwo-Olu said it was instructive that Lagos State in one day had witnessed the evolution of three major infrastructure development projects that will change the Nigerian landscape while commending Buhari for the infrastructural renewal and redevelopment necessary for a city like Lagos.
He lauded the private sector in the aviation industry for their continued contributions to the growth of the country despite the challenges.
The governor informed the gathering that Lagos State Government was forming a partnership with FAAN towards ensuring that the new international terminal enjoys easy access which would be achieved by creating a bypass, the Airport – Alimosho Bypass Project, to create an alternative route to the airport.
The signing of the agreement for the partnership was later done by the officials of the Lagos State Government and FAAN.
In his remarks, Minister of Aviation, Senator Hadi Sirika said aviation was the worldwide rapid transportation network that facilitates international trade, commerce and tourism, the only medium for achieving continental integration and interaction towards achieving the AU Agenda 2063.
He commended the administration of Buhari for efforts towards resolving the problems inherited in the aviation industry in 2015 such as lack of professionalism, scarcity of foreign exchange, obsolete equipment, poor facilities, blocked funds for airlines among others, adding that more still needed to be done.
The minister said the airport concession project, including the new terminals has reached an advanced stage with the ministry issuing requests for shortlisted firms before the end of March.
According to the minister, a study by the International Air Transport Association (IATA) on Nigeria in 2020, “showed that the sector created 241,000 jobs, direct and indirect, and contributed $1.7billion to the economy,” with a hope to grow the contribution of the sector from the current 0.68percent to 5percent or approximately $14.16billion.
Sirika gave assurances that the new terminal would be linked to the railway system.
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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