Reps Alleges that Kaduna Airport Disaster Waiting to Happen

It came as a shock to many political observers, aviation analysts when members of the House of Representatives on Thursday condemned aviation operations at the Kaduna International Airport, thereby making a dramatic U-turn from their earlier position. They said the airport fell short of the safety standards for both domestic and international flight operations. The Kaduna airport is serving as a temporary alternative to the Nnamdi Azikiwe International Airport, Abuja, whose runway is undergoing reconstruction. The closure of the Abuja airport is into its third week and the repairs will…

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Kaduna Airport: Kidnappers prowl along roads, Airport still a huge construction site

Three weeks into the six weeks deadline to finish the Abuja runway, Kaduna is still suffering from teething problems. Three weeks into the use of Kaduna Airport as alternative to Abuja, construction works are still going on at the Airport. The Airport is far from ready to go. There appears to be confusion at the check-in areas as regards local and international passengers. But of far more concern were reports that the Kaduna-Abuja road has suddenly become a veritable zone for armed robbers and kidnappers.”Kaduna – Abuja road…..the latest ATM…

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NASS Approves Buhari’s $500 Million Eurobond

The two arms of the National Assembly, NASS, have approved President Muhammadu Buhari’s request to raise additional $500 million eurobond from the international capital market to fund the 2016 Budget deficit. In the Senate, the approval was given, following an executive communication from the President that the lawmakers considered his request for $500 million Eurobond. Earlier, deputy Senate leader, Senator Bala Ibn Na’allah, asked that Senate dissolved to the Committee of the whole to approve the request because of the urgency of the matter. In supporting the motion, Senate Minority…

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Electricity Operators Intensify Blame Game As Consumers Suffer

By Oji Odu The blame game among operators in Nigeria’s electricity sector has continued over the failure of the sector to meet the 5,465 megawatt (mw) power generation and distribution target set in the revised 2015 Multi Year Tariff Order (MYTO). This has not increased power supply in the country, neither has it reduced the exorbitant bills charged the consumers. Recent salvo was released by Sunday Odutan, Director, Association of Nigerian Electricity Distributors (ANED) who rejected the claims by both the Nigerian National Petroleum Corporation (NNPC) and the Transmission Company…

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NIMASA: Stakeholders Knock Peterside One year in Office

By Bayo Bernard For many days now the NIMASA Press Centre, www.nimasa.gov.ng/press-center has been unavailable. The development coincided with one year appointment of Dakuku Peterside as Director General, Nigeria Maritime and Safety Agency, NIMASA. As usual the agency has rolled out the drums to celebrate Peterside who came to office one year ago brimming with ideas on how he planned to reposition the agency. Many stakeholders who watched the young CEO of the top maritime agency laid out his plans to take NIMASA out of the woods, had applauded him…

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HOW FIDELITY BANK COLLABORATE WITH 419NERS TO DUPE CUSTOMERS

BY SHEDRACK IFURUEZE `Facts have emerged on how Fidelity Bank, a new generation bank in Nigeria has encouraged its customers to engage in what some customers call monkey business. In one of its slogans in order to entice customers, Fidelity bank plc told stakeholders of the bank who care to know that the bank keep its word in the world of business. Recession or no recession.To economy watchers and the innocent customers of the bank, the slogan has been a major source of attraction in doing business. Beyond the deceptive…

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Governor’s Deny Alleged Diversion of Paris-London Club Refunds

By Oji Odu The Nigeria Governors’ Forum (NGF) has refuted allegations that monies accruing to states from the Paris and London Club refunds have ended in private pockets. The 36 state Governors contended that nothing illegal had been committed in the entire process leading to the final disbursement of the first tranche of Paris-London Clubs’ repayment of the excess deductions from states’ coffers and the refund to states. In a statement by the Head, Media and Public Affairs, NGF, Abdulrazaque Bello-Barkindo, the governors regretted that the Paris-London Club refunds have…

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AMCON sells Keystone Bank to Northern interests

In line with the current Northernisation policy, the Asset Management Company of Nigeria, AMCON, has sold Keystone Bank to the Sigma Golf-Riverbank consortium, comprising of Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited. Keystone Bank, formally BankPHB, is the last of the three banks to be sold.Already, Mainstreet Bank and Enterprise Bank has been sold. The consortium is being financed by the Modibos-Umar Hamidu Modibbo and Adamu Mu’azu Modibo. Over a year ago, AMCON asked for expression of interest in the sale of the Bank, resulting in 18 firms…

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David Rockefeller’s exit leaves a vacuum in the New World Order, marks end of an era

One of the pillars of the New World Order and an elite member of international manipulators of political and Financial turf, David Rockefeller, dies of congestive heart failure in his sleep. He was 101 years old. A statement from The Rockefeller Foundation confirmed his death, describing him as “one of the most influential figures in the history of American philanthropy and finance, considered by many to be ‘America’s last great international business statesman’.” Rockefeller, who would have been 102 in August, had his seventh successful heart transplant last year in…

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AMCON: Aero notifies staff of disengagement, unions kick

In line with the thought that AMCON takeover of organizations usually leave it worse off, Aero contractors, the latest victim of their acquisition, has sent redundancy notice to over sixty percent of their staff. For example, the latest acquisition of AMCON, Arik Air, twenty aircraft were grounded, leaving only eight to operate out of the original 28 aircraft. AMCON has never given credible justification for taking over Aero. Bu, in a release by the airline, it becomes clear that they can no longer bear the burden of reduced air crafts…

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How Ali Was stopped By Senate

By Stephen Ubanna More facts have emerged  why Hameed Ali, a retired Colonel and Comptroller General, Nigeria Customs Service, NCS, was stopped by the Senate in his desperate moves to shore  up the revenue generation of of the Service. This has to do with  the introduction of duty payment on all  imported vehicles through the land borders on Nigeria roads irrespective of the age  and refusal to wear the Customs uniform. The  Customs’ vehicle duty payment   policy and Ali’s refusal to wear the Customs’ uniform was believed to have overheated…

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Ali Fights Back

  By Bayo Bernard Embattled controller General of Nigeria Customs Service, NCS Colonel Hameed Ali(rtd) is fighting back. Just barely few hours after he was turned back from the Senate last Thursday the ex-military administrator of Kaduna state appears to have turned the table against the senators. The pressure has now turned on President of the Senate, Bukola Saraki and senators to clear the air on allegation that they were out to blackmail the custom’s boss to submission. For over two weeks the Saraki led upper chamber of the National…

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Former NNPC GMD Docked

By Oji Odu The Economic and Financial Crimes Commission (EFCC), has arraigned former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, at the Justice Ahmed Mohammed Federal High Court sitting in Abuja. Yakubu is facing a six-count charge bordering on fraud and false declaration of assets which was filed against him by the EFCC on March 10, 2017. The agency also accused him of receiving huge sums of money without going through the financial institutions. One of the charges read: “That you, Andrew Yakubu, on…

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Update: FG bans, Unbans Helicopters from Kaduna

The confusion bedeviling the movement from Kaduna Airport to Abuja has resulted in policy somersaults of the ministry of Aviation as it involves the chief security officer of the president. With the arrival of the President from medical Vacation, there were already in top gear arrangement for Bristow and possibly Calverton, the Helicopter charter companies, to start airlift of dignitaries, especially foreign dignitaries who needed to come to Abuja for business. Initially, the office of the National security adviser circulated a memo advising the stoppage of any planned or existing…

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Clearing With Tears

By  Stephen Ubanna For  years , clearing agents at the nation’s ports and terminals including the land border stations operated as if the Customs and Excise Management Act, CEMA,  does not matter. Many of them , with the active connivance of Customs personnel  shortchanged the government through false declaration, transfer of values and under payment. The situation was so bad in the ports and terminals under the Nigeria Customs Service, NCS, Zone 2 Lagos.The fallout was the establishment of a roving  team by  the Federal Operations Unit, FOU, Zone A,…

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Clearing Agents Living in Fear

For  years , clearing agents at the nation’s ports and terminals operated as if the Customs and Excise Management Act, CEMA,  does not matter. Many of them , with the connivance of Customs personnel at the seaports,  airports and land borders shortchanged the government through false declaration and under payment. The situation was so bad that  the Federal Operations Unit, FOU, Zone A, Ikeja , Lagos, established the roving team headed by Adamu Mohammed , an Assistant Comptroller. The team personnel are located at strategic locations in Lagos. They parade…

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Kaduna Airport: Passengers prefer Train as the Aviation Industry count losses

The relocation of Abuja airport has began to take its toll as passengers shun the Kaduna-Abuja shuttle buses and opt for trains, resulting in high demand for first class train tickets. Besides that, helicopter shuttle has become the preferred mode of transport from kaduna to Abuja by elite travelers. But the ministry suddenly woke up and decided that helicopter airlift be banned due to security reasons-the same reason critics objected to the closure in the first place. With promises of patrol vans monitoring the roads, passengers still feel unsafe using…

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Seme Optimistic of Improved Revenue

By Stephen Ubanna Victor Dimka, Comptroller, Seme Command has mobilised his officers and men  to intensify efforts to improve its revenue generation  in the months ahead. Dimka took the measure because of the  ban on importation of vehicles  through the land border which has evidently affected the January and February revenue  generation of the Command. He do not want the revenue drop of the Command to continue in  the  months ahead. It is not surprising why he has to mobilise  officers and men of the Command to put on their…

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NCS Arms Seizure: DSS Takes Over Investigation

By Stephen Ubanna For much of February,2017,  Mamman Daura, Director General, Department of State Security Service, DSSS,  expected to  hear from   Hammed  Ali, a retired Colonel  and Comptroller General,  Nigeria Customs Service, NCS,. This is because of the Mack truck carrying a ”40” Container stocked  with 661 pieces of  paramilitary guns seized by Officers and Men of the Federal Operations Unit, FOU,Zone A, Ikeja, Lagos roving team along mile 2 -Apapa. Daura was interested on the arms seizure and the suspects who were in Customs Custody at the FOU, zone…

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NCC Declares Controversial ‘State of Emergency’

By Oji Odu The recent declaration of a state of emergency on the Quality of Service (QoS) in the nation’s telecommunications sector by the Nigerian Communications Commission (NCC) has continued to generate controversy in a year the regulator declared as the ‘Year of the Consumer’. At an interactive session between the NCC and telecommunications operators on the deteriorating QoS, in Abuja, the Executive Vice Chairman of the NCC, Umar Dambatta, assured operators of finding ways of cushioning effects of the situation and ameliorating the recurrent inaccessibility to foreign exchange. He…

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