News
AON Rejects Ethiopia Airlines 49% Stake In Nigerian Air
Airline Operators of Nigeria (AON) has expressed opposition to ownership of the Nigerian Air.
The operators expressed their opposition, yesterday, at the House of Representatives Committee on Aviation.
Minister of Aviation, Senator Hadi Sirika, the Director General of the Nigerian Civil Aviation Authority, Nuhu Musa, and the Chairman, Air Peace, Allen Onyema, and the CEO of Top-Brass Aviation, Roland Iyayi, all appeared before the committee.
The Nigerian Government has reached an agreement with Ethiopia Airlines to own 49percent shares in the Nigerian Air Limited, with FG retaining 5percent and Nigerian investors getting the remaining 46percent.
Iyayi, while speaking on behalf of AON, said the airline operators are against the planned ownership by Ethiopia, noting that it will lead to death of local operators.
He stated that the government of Ethiopia owns 100percent of the stake in the company, hence, giving 49percent ownership to Ethiopia Airlines means selling Nigeria’s right to a foreign entity.
Iyayi said the Ministry of Aviation did not carry the local airlines along.
“The partnership with Ethiopia Airlines, for us, we consider it ill-advised.”
He added that the domestic airlines operating in Nigeria will not get the same protection that a national carrier is going to get,” he said.
In his statement, Sirika said the bidding went through proper process, and Ethiopia Airlines was selected as the preferred bidder.
He stated that the Nigerian government has no money to set up an airline, but the government is committed to setting up an airline.
The Chairman of the committee, Nnaji Nnolim, opposed the setup, arguing that it means giving Nigeria’s BASA agreement to Ethiopia.
News
RSG Seeks Horticulturists’ Partnership To Restore Garden City Status
The Rivers State Government has called for stronger collaboration with horticulturists as part of renewed efforts to restore the aesthetic appeal and environmental quality of Port Harcourt, in line with its urban renewal agenda.
The Commissioner for Urban Development, Sir Amairagha Edward Hart, made the call during an interactive session with private horticulturists and flower dealers at his office in Port Harcourt, recently.
He said the present administration remains committed to reviving the famed Garden City status of the state capital through deliberate policies and strategic partnerships, noting that professionals in horticulture have a key role to play in achieving that vision.
The Commissioner stressed that the state government is placing high premium on environmental sustainability, beautification of public spaces, and the creation of a serene urban atmosphere that reflects global best practices.
The Commissioner urged horticulturists to align their operations with government’s urban development guidelines, adding that their expertise and experience are essential in transforming Port Harcourt into a model city.
According to him, the collaboration will not only enhance the city’s visual appeal but also contribute to improved environmental health and economic opportunities for practitioners in the sector.
He, however, cautioned against practices that undermine urban order, particularly the obstruction of walkways and indiscriminate occupation of public spaces meant for other uses.
Hart emphasized that while the government encourages business growth, such activities must be carried out in a manner that supports urban planning objectives and promotes public convenience.
In a move to further support the sector, he disclosed plans by the Ministry to establish a dedicated “Flower Village” that will serve as a central hub for horticulturists and flower dealers across the state capital.
He explained that the proposed initiative is aimed at restoring sanity to the use of walkways and road corridors, while also creating a structured environment that will enhance business operations and boost revenue generation.
Responding on behalf of the practitioners, Evang. Caroline Nabo highlighted some of the challenges faced by horticulturists, including theft of plants and materials by scavengers and scrap metal dealers.
She appealed to the state government for intervention to safeguard their investments, even as she and other stakeholders commended the Ministry’s proactive steps and pledged their support towards the successful greening and beautification of Port Harcourt.
King Onunwor
News
TUC Demands Subsidy To Cushion Rising Fuel Prices
The Trade Union Congress of Nigeria (TUC ) has called on the Federal Government to deploy excess crude oil revenue to subsidise local refineries as a way of cushioning the impact of rising fuel prices on Nigerians.
President of the Congress, Festus Osifo, who made the call during a press briefing in Abuja, yesterday, warned that the price of Premium Motor Spirit could climb to as high as N2,000 per litre if urgent measures are not taken.
Osifo said the persistent increase in the pump price of petrol, driven by global crude oil price volatility and exchange rate challenges, has worsened the economic hardship faced by Nigerian workers.
The TUC leader attributed the surge partly to international developments, including tensions involving the United States, Israel and Iran, which have affected global oil supply dynamics.
Osifo also linked the rising cost of petrol to the depreciation of the naira, warning that the continued weakening of the currency is compounding inflationary pressures and reducing the real value of workers’ earnings.
To address the situation, the TUC president proposed that the government should utilise excess revenue generated when crude oil prices exceed the budget benchmark to support local refining.
He explained that with the 2024 budget benchmarked at $64.85 per barrel, any price above that threshold results in additional revenue shared by the three tiers of government, adding that at least 60 per cent of such excess funds should be channelled into subsidising crude supplied to domestic refineries, including the Dangote Refinery and other modular refineries.
He also urged authorities to take deliberate steps to stabilise the currency, noting that exchange rate stability would significantly reduce the cost of imported energy and other goods.
The TUC said it would formally communicate its proposals to the Federal Government, including the Presidency, with a view to ensuring the prompt implementation of measures to ease the hardship facing Nigerians.
He said, “Today, the cost of petrol is heading towards N2,000 per litre, depending on the part of the country that you are in. It has deeply affected the purchasing power of the salaries that we earn as Nigerian workers.
“Let the government take that excess fund that was never budgeted for, take at least 60 per cent of it, and use it to subsidise the crude being supplied to Dangote Refinery.
“The same should be done for Dangote Refinery and all modular refineries, where crude is supplied to them at that subsidised rate.
“Take the difference from the excess crude revenue, take about 60 per cent of it, and use it to subsidise the price at which crude is supplied to the refinery.
“When you subsidise crude, it cannot be abused because you are subsidising production directly. When that is done, we are going to see an immediate reduction in the price of petroleum products.”
News
DHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
The Defence Headquarters has confirmed that terrorists and military personnel were killed when insurgents launched a coordinated attack on the 29 Task Force Brigade Headquarters in Benisheikh, Borno State.
The military, however, did not confirm or debunk reports that the Commander of the 29 Brigade, Brigadier General Oseni Braimah, was among those killed in the incident.
The Defence Headquarters in a statement by the Director, Defence Media Operations, Major General Michael Onoja, yesterday, said the attack occurred at about 12:30am yesterday when insurgents attempted to breach the defensive perimeter of the military installation.
He said troops of Operation HADIN KAI, led by the brigade commander, responded with “exceptional courage, professionalism, and superior firepower,” forcing the attackers to retreat.
“In continuation of the Armed Forces of Nigeria’s counter-terrorism efforts, troops of the 29 Task Force Brigade in Operation HADIN KAI came under a coordinated terrorist attack on their location at the Brigade Headquarters in Benisheikh, Borno State.
“However, the troops, led by the Commander 29 Brigade, Brigadier General Oseni Braimah, responded with exceptional courage, professionalism, and superior firepower. In a well-coordinated counteraction, the insurgents were decisively engaged and forced to retreat in disarray, abandoning their mission, ”the statement partly read.
The Defence Headquarters described the attack as a sign of desperation by insurgents who had suffered significant losses in recent military operations.
“This attack is a clear indication of the desperation of terrorist elements who, having suffered significant losses in recent operations, continue to resort to futile and ill-fated offensives against well-defended military positions,” the statement added.
The military acknowledged that the encounter resulted in casualties among troops, but did not confirm or debunk reports that the Commander of the 29 Brigade, Brigadier General Oseni Braimah, was among those killed in the incident.
“Regrettably, the encounter resulted in the loss of a few brave and gallant soldiers who paid the supreme price in the line of duty. The Chief of Defence Staff honours their heroism, sacrifice, and unwavering commitment to the defence of the nation,” the statement noted.
It added that the High Command had extended condolences to the families of the fallen personnel and urged the public to avoid spreading unverified information, especially on social media.
The Defence Headquarters also disclosed that clearance operations were ongoing to track fleeing insurgents and prevent them from regrouping.
“The Armed Forces of Nigeria, in collaboration with other security agencies and stakeholders, remain resolute and undeterred in the ongoing fight against terrorism and insurgency. Additional clearance and exploitation operations are ongoing in the general area to track and neutralise fleeing insurgents,” the statement said.
The incident follows a pattern of rising attacks in the region in which residents and security personnel have lost their lives.
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