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Domestic Airlines Groan Under Slanted Bilateral Air Agreement



air peace
  • Domestic Airlines Groan Under Slanted Bilateral Air Agreement

Bilateral Air Service Agreement signed by Nigeria with a number of countries has become a major problem for domestic airlines expected to be major beneficiaries of such arrangement, stakeholders in the nation’s aviation sector have said.

Nigeria currently has over 70 BASAs signed with different countries of the world, which enable those countries to fly into the country.

But domestic airlines that have the capacity to fly to countries under BASA have complained that they are being denied entry into the countries, especially within the West African coast.

The bilateral agreement between Nigeria and another country was expected to pave the way for more direct flights between major cities of both countries on the principle of reciprocity by the designated airlines.

The Chairman of Air Peace, Mr. Allen Onyema, said that countries such as Ivory Coast had refused the airline’s application for a licence to operate into the country.

He said the Federal Government had given the airline the right to fly into other African countries but many of them were not giving operators from Nigeria access.

He said, “For over two years, we are only doing Ghana because other countries have refused to allow us in; Ivory Coast never wanted to answer our request. We had to go to them pleading; they didn’t tell us no; but we later discovered that one particular airline is using them to frustrate Nigerian carriers.

“They see us as a threat; Senegal has not come to see our facilities so they could grant us the approval we requested. We have written to them severally; our chief operating officer spent one week there in Senegal.

“We have gone to Cameroon more than 10 times but nothing positive has happened. We are ready to go into other African countries. We have the equipment to represent this country proudly; but they are not allowing us.”

An aviation security expert, Group Capt. John Ojikutu (Retd.), said the industry had been dealing with many infringements by foreign airlines on domestic routes but the aviation authority had not been able to do something about it.

He added, “These airlines include Ethiopian Airlines in particular flying to almost the five designated Nigeria international airports and could include Kaduna if the feelers one is getting from Abuja is true. On the regional international routes now are Asky and Rwanda Air, both flying commercial flights to Lagos and Abuja from Lome in Togo.

“No Nigerian airline has been designated to reciprocate these flights yet we want them to grow the industry and the nation economy. No one in the Nigerian Civil Aviation Authority is reckoning with the consequences of these flights on the domestic airlines earnings and the nation economy.”

Ojikutu said the NCAA under the CAA 2006 and in particular, Part XI Section 37(1) had the power to perform air transportation licensing functions in the manner which is considered best to ensure that Nigerian registered airlines could compete effectively with other airlines providing air transport services on international routes.

He however said this section was not being utilised in favour of the domestic airlines, adding that domestic airlines would not develop when the exclusive market on domestic and regional routes remained open to foreign carriers.

A source in the industry, who spoke on condition of anonymity, however said that some domestic airlines contributed to the problem they had with other countries.

“In some cases, some of them do not begin operations two years after they have been designated to begin flight to a particular country probably because they do not have the equipment or adequate manpower; and don’t forget that those countries also have their rules,” the source said.

The General Manager, Corporate Affairs of NCAA, Mr. Sam Adurogboye, said domestic airlines had the right to report errant countries to the Nigerian government for appropriate action.

“Airlines should not appear as if they are helpless; they can make official complaints to the Ministry of Aviation, which will in turn work with that of foreign affairs to tackle the problem because it is an agreement between two countries,” he said.

According to him, the NCAA cannot handle the matter alone, except it is mandated to do so by the government.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Ardova Appoints Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel



Olumide Adeosun Ardova - Investors King

Ardova Plc, an indigenous energy group, headquartered in Lagos, Nigeria, with extended operations in Ghana, has confirmed the appointment of Mr. Oladeinde Nelson-Cole as Company Secretary/General Counsel with effect from 1 April 2021.

This was disclosed in a letter signed by Olumide Adeosun, Chief Executive Officer, Ardova Plc.

Mr. Nelson-Cole is a lawyer with over 14 years of experience spanning Company Secretarial, Corporate Compliance and General Legal Practice. He is a graduate of the Lagos State University.

Prior to joining Ardova Plc, Mr. Nelson-Cole was a Senior Associate in the law firm of RouQ and Co.

As the Company Secretary/General Counsel, Mr. Nelson-Cole will continue to guide the Board of the Company in ensuring strict compliance with regulatory and statutory requirements.

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Heirs Oil & Gas Announces CEO and Board Appointments



Tony Elumelu

Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience.

Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy. Most recently, affiliate company, Transcorp made a US$300 million acquisition of Afam Power, increasing the Group’s installed electricity generating capacity to 2,000MW.

Mr. Igiehon, who joins from the Royal Dutch Shell (Shell), where he was previously a Vice-President with the Group in the Hague, Netherlands. He brings over twenty-seven years of experience and expertise in the oil and gas sector with Shell, where he held a series of senior management positions. Mr. Igiehon previously served as Chairman and Chief Executive Officer of Shell Gabon, where he led the successful turnaround of the operational, safety and financial performance.

HHOG is also pleased to announce the appointment of the following distinguished private sector and senior industry leaders to the Board:

  • Tony O. Elumelu, CON is the Chairman of Heirs Holdings, the United Bank for Africa (UBA), Transnational Corporation of Nigeria (Transcorp), and Founder of the Tony Elumelu Foundation.
  • Sally Udoma who previously served as general counsel for Chevron Europe, Eurasia, and the Middle East Exploration and Production. Previously, she was general counsel for Sasol Chevron Consulting Limited and managing counsel at the London Legal Service Centre for Chevron Global Upstream and Gas. She has also served as general counsel and general manager for Chevron Nigeria Limited.
  • Anil Dua is a founding partner at Gateway Partners Limited, a private equity fund specialising in dynamic growth markets including Africa, the Middle East and Asia. Prior to this, Mr. Dua worked for over thirty-five years with Standard Chartered Bank in Asia, Africa, Europe and the US, where he held various roles including Regional CEO West Africa and Regional Head of Origination and Client Coverage, Africa.
  • Ahmadu Kida Musa who previously served as Deputy Managing Director of Total Exploration and Production Nigeria Limited, has over thirty-two years of experience in the Oil and Gas industry and brings considerable expertise in Nigerian oil and gas.
  • Stanley Lawson currently serves on the board of Transnational Corporation of Nigeria Plc. He is Managing Partner at Financial Advisory & Investment Consultants Ltd. Dr Lawson previously occupied the position of Group Executive Director-Finance & Accounts at Nigerian National Petroleum Corp.
  • Samuel Nwanze is the Chief Finance Officer at Heirs Oil and Gas. Prior to this he was the Chief Investment Officer at Heirs Holdings responsible for investment and capital management.

Commenting, Mr. Igiehon stated: “HHOG represents an extraordinary opportunity, to create Africa’s first true integrated energy company, with a mission to ensure that Africa’s natural resources are directed toward value creation in Africa, powered by sustainable, robust and abundant African energy. I am excited to join the Heirs Oil and Gas leadership team and look forward to the opportunity to transform the energy sector, purposefully address Africa’s energy needs and improve the lives of people across Africa.”

The Chairman of the Board, Tony O. Elumelu, CON, stated: “I am delighted to welcome our new board members. We are building a role model institution for African businesses and our investment in human capital is a further strong demonstration of our intent. The regional and global expertise of our board members will serve to further drive value creation to our continent, as we execute our goal of becoming Africa’s largest, indigenous, integrated, energy company.”

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CHI Limited Celebrates Its Maiden Hollandia Dairy Day



Nigeria’s leading dairy brand, Hollandia, is set to hold the maiden edition of its Hollandia Dairy Day. The event which will be celebrated on the 18th of May 2021 will provide a veritable platform to drive the national discourse on the unrivaled health and nutrition benefits of dairy consumption to people of all ages.

Set to be hosted as a conference, the theme of this year’s event is “Dairy Nourishment to Support Healthy Living”, and it focuses on the vital role dairy consumption plays in our everyday nourishment, its benefit to our overall health, and why dairy products should be included in our diets every day.

This conference, which is designed as a hybrid of the physical and virtual events, will feature presentations, interviews and panel discussions from health experts and nutritionists as they provide insights and share perspectives to guide informed decisions about dairy consumption as part of a daily balanced diet. The event is opened to the public through the brand’s multiple social media platforms.

According to a report by the Food and Agriculture Organisation of the United Nations, 2019, Nigeria has low dairy consumption levels per head – 15 to 20 liters per capita consumption. This is partly attributable to the low purchasing power of the average Nigerian household, who rank milk and dairy products as non-essential luxuries and prioritize other staple foods such as rice, beans, and yam.

By provoking the conversations and stimulating public action/intervention, Hollandia aims to drive consciousness for dairy consumption and its importance to achieving optimum health, and to get many more Nigerians drinking, using, and consuming dairy products.

The past year has presented unprecedented shocks and disruptions, including a global COVID-19 pandemic. As communities throughout the world look for ways to minimize the risk of COVID-19, maintaining and boosting good health is top of mind for many. Dairy foods such as milk and yogurt contain essential nutrients, including Vitamins A and D, Zinc and Protein, which support immune function.

The Hollandia Dairy Day Conference is a public interest initiative created to highlight the importance of dairy in everyday nutrition and healthy living in Nigeria.

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