Aviation
NAHCO Invests $70m In Five Yrs
Nigerian Aviation Handling Company of Nigeria (NAHCO), says
it has invested $70 million in Nigerian economy in the past five years.
The company also mentioned that it had spent N17.5 billion
on concession fees to the Federal Airport Authority of Nigeria (FAAN), taxes
dividends and staff salaries.
The Vice chairman NAHCO Aviance, Suleiman Yahya who
disclosed this during the commissioning of the modern cargo warehouse said
between 2006 and 20011 concession fees paid to FAAN was in excess of N1.9
billion while Federal Government taxes came to N2.2 billion.
He noted that the company had paid shareholders’ dividends
at N3.9 billion while the salaries paid was N9.6 billion.
According to him, with these steady developments over the
last five years there is need for effective collaboration between public and
private agencies to develop hubs that
will in turn generate employment for the teeming youth in the country.
“In the last five years NAHCO has been a major facilitator
to the Nigerian economy,” he said.
He recalled that the immediate past Board of NAHCO under the
leadership of Ambassador Dele Cole had
inherited a whooping N150 million debt with some cash at hand, stressing that
in the next three years that followed the company generated a cash reserve of
N2 billion.
Earlier in his speech, the managing Director of NAHCO
Aviance Kayode Olusegun Ojo said the need to build the N1.9 billion modern
warehouse was not just as a result of replacing the old warehouse, but was a
response to the clarion call by the Federal Government to improve on
infrastructural development.
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Aviation Professionals Want Agencies Boards’ Inauguration
As a measure to curb corruption and restore accountability, the Association of Nigeria Aviation Professionals (ANAP), has called on the Minister of Aviation and Aerospace Development, Festus Keyamo, to push for the urgent formation and inauguration of governing boards for all other aviation agencies.
ANAP’s Secretary General, AbdulRasaq Saidu, made this call at the weekend when interacting with aviation correspondents, in reaction to recent inauguration of Board of the Federal Airports Authority of Nigeria (FAAN).
Keyamo had recently inaugurated the FAAN board, more than six months after its members were appointed by President Bola Tinubu, where Dr. Umar Ganduje was named Board Chairman, with FAAN’s Managing Director, Olubunmi Kuku, as the Vice Chairman.
Other board members include representatives from the Ministries of Justice, Defence, Tourism, and Aviation, as well as professionals from the Nigerian College of Aviation Technology, and FAAN’s legal department.
The ANAP scribe there urged the aviation Minister not to stop at FAAN but to ensure that all aviation parastatals are given functional boards to restore order and credibility to the sector.
He, however, commended Keyamo for recently inaugurating the board of the Federal Airports Authority of Nigeria but stressed that more needed to be done.
Saidu also warned that the continued delay in constituting boards for other aviation agencies creates room for unchecked abuses, including illegal contracts, fraudulent employment practices, and mismanagement.
“The absence of governing boards violates the enabling Acts that established these agencies. Only properly constituted boards can enforce discipline, ensure due process in decision-making, and provide oversight to prevent corruption”, Saidu said.
He emphasised that the aviation unions, including ANAP, have consistently raised concerns about poor governance and lack of transparency within the aviation system.
He called on President Bola Tinubu to act swiftly by appointing board members for all relevant agencies, in the interest of fairness and aviation safety.
Saidu also tackled the former Minister of Aviation, Senator Hadi Sirika, for failing to inaugurate any boards during his eight-year tenure, despite appointments being made by former President Muhammadu Buhari.
“ANAP raised the alarm several times under Sirika’s leadership, but nothing changed. That lapse has continued under the current administration, and it must be addressed now”, Saidu stated.
By: Corlins Walter
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