Business
FG Commits $21m To Build Pilots’ Capacity
The Federal Government says it has committed the sum of $21 million to acquire a Boeing 737 simulator to further build the capacity of pilots.
Minister of Aviation, Hadi Sirika, who disclosed this while giving the scorecard of his ministry in Abuja, noted that the government had acquired an automated fire simulator.
Sirika, who noted that the Nigerian aviation sector was the second most recovered industry from COVID-19 pandemic, said because of the achievements recorded in the sector, Nigeria had been re-elected as a Part II member of the International Civil Aviation Organization (ICAO) Council.
He said the upgrade of facilities at the Nigerian College of Aviation Technology had led to its designation by the ICAO as a Regional Training Centre of Excellence, adding the AIB had also been upgraded to a multi-modal accident investigation agency tagged, “National Transport Accident Investigation Board.”
“Five international airports (Abuja, Kano, Enugu, Lagos and Port Harcourt) have been designated as Special Economic Zones,” he said.
Highlighting some of the achievements by the Buhari-led administration, he said, “An Aviation Leasing Company (ALC), which would be private sector-driven, will be established to address the challenges of limited access to capital and high cost of funds.
“The ALC will provide leasing opportunities for Nigerian and African airlines in order to boost fleet size, alleviate the problem of aircraft leasing and high insurance premium charges.
“The development of Nigeria’s major commercial airports and surrounding communities into efficient, profitable and self-sustaining commercial hubs through increased private sector participation and Foreign Direct Investment (FDI) will create jobs and grow the local industry.
“Five international airports (Abuja, Kano, Enugu, Lagos and Port Harcourt) have been designated as Special Economic Zones.”
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
