Business
FAAN Trains Airside Drivers On Safety
Federal Airports Authority of Nigeria (FAAN) has concluded a five day Airside driver’s Safety Training for Drivers working at the airside.
The training workshop, which was organised by the Federal Airports Authority of Nigeria (FAAN), in collaboration with Handover Aviation Business School was based on the International Civil Aviation Organisation (ICAO) Annex 14 and designed to ensure safe driving by all vehicle drivers and equipment operators in Nigerian airports. The objective, according to the coordinators of the workshop was the achievement of safety of lives and property at the nation’s airports as it relates to driving at the airside. The programme, which last ed for five days covered all aspect of caution and safety while driving on airside.
Speaking at the closing ceremony before certificates were awarded to the participants, the Regional Manager, Mr Uche Nwanguma, commended the coordinators and participants for their endurance, the workshop last ed.
Mr Nwanguma, who was represented at the occasion by the Assistant General Manager, Human Resources, Mrs. I. F. Obi-Arumgbo, said the workshop covers areas such as authorization, procedures and airport operations, adding that enforcement, airside security and vehicle access were part of the programmes.
Other areas the workshop covered include, ground vehicle operations, use of road ways and operating speed limits. Construction and fuel trucking and handling procedures, run-way and taxi way incursions and vehicle accidents.
The workshop further featured Air operations area, (taxi way signs, lighting), holding position mark’s and instrument Landing System (ILS) critical area and communication procedures and frequencies.
However, one of the participant who spoke to The Tide after receiving an award, Mr Francis O. Odoemene said the workshop was educating and enriched their knowledge on what they already know while at the airside.
Mr Odemene said the participants cut across all the agencies within and outside the aviation sector. He said the main objective was safety while working at the airside, but regretted that the programme was supposed to be held in Lagos.
He noted that participants were taught to drive at the airside, speed limits, landing of trucks and other safety measures and airport operations.
Business
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Business
CBN Reforms Impact Consumers As Dollar Card Spending Limits Rise
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
Business
WEC: FG Inaugurates Governing Board … As Nigeria Rejoins Council
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
