Ethiopian Airlines consortium wins bid for new Nigeria National Carrier

Ethiopian Airlines consortium wins bid for new Nigeria National Carrier

The preferred bidder for shares in the new Nigerian airline Nigeria Air is a consortium led by Ethiopian Airlines, the nation’s aviation minister announced on Friday. One of President Muhammadu Buhari’s campaign pledges in the 2015 election was the airline. The new airline will be 49% owned by Ethiopian Airlines, 46% by the Nigerian Sovereign Fund, […]

NIGERIA TRADE & INVESTMENT FORUM (NTIF)

NIGERIA TRADE & INVESTMENT FORUM (NTIF)

President Muhammadu Buhari on 4th December 2021 in Dubai declared that Nigeria remains the most viable and attractive investment destination in Africa, adding that the country is on the path of becoming the continent’s leading industrial and trading nation. Addressing a trade and investment forum at Dubai Expo 2020, organized by the Nigerian Arabian Gulf […]

A TENURE THAT BUILDS CASTLES IN THE AIR?

A TENURE THAT BUILDS CASTLES  IN THE AIR?

No doubt Nigerians tend to forget the Muhammadu Buhari-led administration in a hurry for broken promises for drawing some sections of the aviation industry into a frenzy. It is certain that during the 2015 elections that paved way for Buhari to power, there were several assurances the team made in order to re-invigorate the aviation […]

STAFF OF DEFUNCT NIGERIA AIRWAYS AGITATES FOR NON-PAYMENT OF ARREARS

STAFF OF DEFUNCT NIGERIA AIRWAYS AGITATES FOR NON-PAYMENT OF ARREARS

As Buhari rolls out panacea to plane crashes in Nigeria As agitation continues for the non-payment of pensions owed to staff of the defunct Nigeria Airways of almost twenty years, which was approved by President Muhammadu Buhari, a voluntary think-tank of the ruling All Progressives Congress, the APC Legacy Awareness and Campaign, recently reviewed the […]

Nigeria Removes VAT From Airfares And Aviation Services

Nigeria Removes VAT From Airfares And Aviation Services

About three years after a similar order, the Federal Government has again suspended the deduction of 7.5 per cent Value Added Tax (VAT) on airfares and other air transport services. The latest suspension order, scheduled to take effect on January 1, 2021, is contained in the 2020 finance act recently signed by President Muhammadu Buhari. […]