FAAN’s N140bn financial crisis may discourage bidders
Just as the opening of the bid for the concession of the international terminals of four airports in the country is set, it has been revealed that the Federal Airport Authority of Nigeria (FAAN) is in deep financial crisis and…
Osubi Airstrip: Another Concession deal collapses
Less than one week after the Federal Airport Authority of Nigeria (FAAN) sacked the concessionaire of tollgate at the Lagos International Airport on grounds of poor remittance and issues with labour unions bordering on incompetence, the same Federal Government has…
Airlines’ operational costs jump as aviation fuel price rise to N255 from N200
Just as the Aviation industry stakeholders and Federal Airport Authority of Nigeria (FAAN) are still celebrating the acquisition of a Beechcraft Super King Air 350 (B350) for the calibration of navigational aids at airports nationwide, indications are rife that air…
I had pleaded to complete PH Airport’s local terminal but FG refused—Wike
Rivers State Governor, Barr Nyesom Wike, has revealed that during his first term in office, he had begged the Federal Government to allow his government to intervene in the redevelopment of the Domestic Terminal of the Port Harcourt International Airport,…
FAAN begins inquest over electric spark ignited inferno at SMICA
Record breaking fastest inquiry into any airport related incident has emerged following the announcement of investigations into the fire incident that occurred at the Same Mbakwe International Cargo Airport (SMICA) in Owerri, the Imo State capital by the Federal Airport…
SMICA host community protests FAANs’ elimination by substitution in job placements
Strong crisis of confidence is brewing between the Federal Airport Authority of Nigeria (FAAN) and host community to the Sam Mbakwe International Cargo Airport (SMICA), Owerri, the Imo State capital. The community youths are protesting what they described as alleged…
Maintain flight planning, schedules to end delays, cancellation, NCAA warns airlines
Rising from a stakeholders’ forum in Lagos, the Nigerian Civil Aviation Authority (NCAA) has given final warning to all airlines operating in Nigeria to desist from incessant flight delays and cancellations. Though the agency failed to name sanctions for defaulters…
Probe rising disparities in air traffic figures, earnings in aviation agencies—Ojikutu
In the last 10 years, there had been serious cases of traffic figures differentials among Nigeria aviation agencies leading to loses of government revenues and even erosion of confidence in the sector by prospective investors. In an interview with the…
Business Hilights celebrates Prophet T.B. Joshua at 54 today, June 12
Leading African preacher, philanthropist and General Overseer, Prophet Temitope Balogun Joshua, born on June 12th, 1963 in Ondo State, Nigeria is 54 years today. He is the founder and General Overseer of the Synagogue Church of All nations (SCOAN), headquartered…
