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Kaduna Airport Ready as Abuja Runway Shuts Down Next Wednesday

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NAMA
  • Kaduna Airport Ready as Abuja Runway Shuts Down Next Wednesday

After much hues and cries, all appears set for traffic diversion to Kaduna airport beginning from Wednesday, when the runway at the Nnamdi Azikiwe International Airport (NAIA), Abuja, closes for the much-awaited reconstruction.

The Guardian learnt that government agencies have fully deployed and installed relevant equipments to receive Abuja-bound domestic and international carriers. Similarly, logistic services for ground handling services and 240km road travel to Abuja and its environs have been organised to cater for the passengers.

The readiness, including security arrangement, is to douses tension among air travellers and other stakeholders that are worried about the inconvenience that will be attendant of the diversion.

Recall that the 4000metres-long Abuja runway has been in bad shape in the last couple of months and was in December 2016 penciled for repair by the Federal Government.

While the repair work would last for at least six weeks, air traffic will be diverted to Kaduna airport, from where buses will take passengers back to Abuja in two-hour road journey.

Except Ethiopian Airways that has pledged to divert Abuja-bound flights to Kaduna Airport, other international airlines have declined the Kaduna option. While some of the airlines have informed customers of the plan to suspend operations from March 8 to April 19, others have opted for the Murtala Muhammed International Airport in Lagos, expressing concern over security issues in Kaduna.

The Federal Airports Authority of Nigeria (FAAN), saddled with the management of the airport among others across the country, said all was set for smooth operations in the northern state.

Kaduna airport manager, Amina Ozi-Salami, during an on-site inspection, said the airport was ready to handle the expected traffic upsurge as soon as NAIA is closed.

Ozi-Salami said the runway was in perfect condition while the capacity of the airport had been enhanced to accommodate any type of aircraft. She added that the lighting of the runway had been completed during the week as well as enhanced manpower to meet the operational needs during the six weeks period.

In its bid to ensure accuracy, reliability and efficiency of facilities at the Kaduna airport, the Nigerian Airspace Management Agency (NAMA) has also rounded off the routine calibration of the Very High Omnidirectional Radio Range/Distance Measuring Equipment (VOR/DME) and the flight commissioning of the Instrument Landing System/Distance Measuring Equipment (ILS/DME).

The component parts of the facilities, which include Two VOR transmitters, two DMEs co-located with the VORs, two localizer transmitters, two glideslope transmitters and two DMEs co-located with the glideslope all passed the flight calibration test.

The flight calibration was handled by Omni-Blue Aviation Ltd along with their technical partners (FCSL of United Kingdom) in collaboration with NAMA engineers who carried out the installation, alignment and parameter adjustment during the exercise.

According to the Calibration Manager, Engr. Akeem Ogunmola, the flight exercise which started from Kaduna will extend to Kano, Katsina, Sokoto and Bauchi.

In Bauchi, Ogunmola, said the calibration team would be commissioning three systems which include ILS/DME, VOR/DME and Non-directional beacon. Also to be calibrated are facilities in the Port Harcourt and Lagos international airports.

Director of Safety Electronics and Engineering Services, Engr. Farouk Umar, who led the NAMA team of engineers in the installation of the facilities in Kaduna, described the calibration exercise as very successful, saying “Kaduna airport is on full components of navigational aids, functioning at optimal levels.

“We can gladly report that Kaduna airport can now safely land aircraft even in critical weather conditions as far as Navaids are concerned,” he said.

In a related development, Conoil has announced its readiness to beef-up its Kaduna aviation office to reinforce its operations during the Abuju runway repairs.

The oil marketer, in a statement, said the relocation would involve the movement of its high-tech bowsers, dispensers and human capital from Abuja to reinforce its Kaduna operations. This, the company believes, will ensure that the operations of airlines continue to run smoothly while travellers go about their journeys in a seamless manner.

“The decision by the Federal Government to repair the runway is commendable. Safety in the aviation industry cannot be compromised. The move is in tandem with Conoil’s commitment to strict safety standards in all areas of its operations”, the statement read in part.

The marketer, therefore, called on airline operators and travelers for their understanding and co-operation, adding that though it may be a bit inconvenient, it will serve the general good in the long run.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Crude Oil

Oil Prices Surge as Hurricane Threat Looms Over U.S. Gulf Coast

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Oil jumped in Asian trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker-than-expected U.S. jobs data on Friday.

West Texas Intermediate crude oil rose 72 cents, or 1.06%, to $68.39 a barrel while Brent crude oil was up 71 cents, or 1%, at $71.77 a barrel.

Prices had gained as much as $1 during early Asian trading before pulling back.

Analysts said the bounce was in part a reaction to a potential hurricane in the U.S. Gulf Coast.

A weather system in the southwestern Gulf of Mexico is forecast to become a hurricane before it reaches the northwestern U.S. Gulf Coast, the U.S. National Hurricane Center said on Sunday.

The U.S. Gulf Coast accounts for some 60% of U.S. refining capacity.

“Sentiment recovered somewhat from last week’s selloff,” said independent market analyst Tina Teng.

At the Friday close, Brent had dropped 10% on the week to the lowest level since December 2021, while WTI fell 8% to its lowest close since June 2023 on weak jobs data in the U.S.

A highly anticipated U.S. government jobs report showed nonfarm payrolls increased less than market watchers had expected in August, rising by 142,000, and the July figure was downwardly revised to an increase of 89,000, which was the smallest gain since an outright decline in December 2020.

A decline in the jobless rate points to the Federal Reserve cutting interest rates by just 25 basis points this month rather than a half-point rate cut, analysts said.

Lower interest rates typically increase oil demand by spurring economic growth and making oil cheaper for holders of non-dollar currencies.

But weak demand continued to cap price gains.

The weakness in China is driven by economic slowdown and inventory destocking, Jeff Currie, chief strategy officer of energy pathways at U.S. investment giant Carlyle Group, told the APPEC energy conference in Singapore on Monday.

Refining margins in Asia have slipped to their lowest seasonal levels since 2020 on weak demand from the two largest economies.

Fuel oil exports to the U.S. Gulf Coast fell to the lowest level since January 2019 last month on weaker refining margins.

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Crude Oil

Oil Prices Rebound on OPEC+ Output Delay Talks and U.S. Inventory Drop

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Oil prices made a modest recovery on Thursday on the expectations that OPEC+ may delay planned production increases and the drop in U.S. crude inventories.

Brent crude oil, against which Nigerian oil is priced, rose by 66 cents, or 0.9% to $73.36 per barrel while U.S. West Texas Intermediate (WTI) crude appreciated by 64 cents or 0.9% to $69.84 per barrel.

The rebound in oil prices was a result of the American Petroleum Institute (API) report that revealed that the U.S. crude oil inventories had fallen by a surprising 7.431 million barrels last week, against analysts 1 million barrel decline projection.

The decline signals better than projected demand for the commodity in the United States of America and offers some relief for traders on global demand.

John Evans, an analyst at PVM Oil Associates, attributed the rebound in crude oil prices to the API report.

He said, “There is a pause of breath and light reprieve for oil prices.”

Also, discussions within the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are fueling speculation about a potential delay in planned output increases.

The group was initially expected to increase production by 180,000 a day in October 2024.

However, concerns over softening demand in China and potential developments in Libya’s oil production have prompted the group to reconsider its strategy.

Despite the recent rebound, analysts caution that lingering uncertainties around global oil demand may continue to weigh on prices in the near term.

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Energy

Power Generation Surges to 5,313 MW, But Distribution Issues Persist

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Nigeria’s power generation continues to get better under the leadership of President Bola Ahmed Tinubu.

According to the latest statement released by Bolaji Tunji, the media aide to the Minister of Power, Adebayo Adelabu, power generation surged to a three-year high of 5,313 megawatts (MW).

“The national grid on Monday hit a record high of 5,313MW, a record high in the last three years,” the statement disclosed.

Reacting to this, the Minister of Power, Adebayo Adelabu, called on power distribution companies to take more energy to prevent grid collapse as the grid’s frequency drops when power is produced and not picked by the Discos.

He added that efforts would be made to encourage industries to purchase bulk energy.

However, a top official of one of the Discos was quoted as saying that the power companies were finding it difficult to pick the extra energy produced by generation companies because they were not happy with the tariff on other bands apart from Band A.

“As it is now, we are operating at a loss. Yes, they supply more power but this problem could be solved with improved tariff for the other bands and more meter penetration to recover the cost,” the Disco official, who pleaded not to be named due to lack of authorisation to speak on the matter, said.

On Saturday, the ministry said power generation that peaked at 5,170MW was ramped down by 1,400MW due to Discos’ energy rejection.

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