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Domestic Airlines Replacing Expatriate Pilots With Nigerians

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  • Domestic Airlines Replacing Expatriate Pilots With Nigerians

The number of expatriate pilots working for domestic airlines in the country is gradually dropping to make way for younger generation of Nigerian pilots.

Data obtained from the Nigerian Civil Aviation Authority showed that the number of licensed expatriate pilots in the country had dropped from 631 in 2016 to 609 by 2017.

This is despite the fact that the total number of licensed pilots operating in the country increased from 2,226 in 2016 to 2,356 last year, working with the seven passenger airlines, about six cargo airlines, five helicopter companies and other charter airlines.

According to findings, apart from the newer aircraft models that require certain skills set, domestic airlines now opt for more Nigerian pilots.

Air Peace and Med-View Airlines, for instance, employ about 98 per cent indigenous pilots, while Dana Air pilots are about 85 per cent Nigerians.

Investigation showed that domestic airlines were also beginning to invest more in training indigenous aircraft engineers.

The Chief Operating Officer, Dana Air, Obi Mbanuzuo, confirmed in an interview with our correspondent that the airline had increased the employment of Nigerian pilots and engineers.

He said, “We have ‘Nigerianised’ our crew. Before now, we had 60 expatriate engineers; now, it is down to eight; we have trained our local people.

“Our flight deck was also predominantly expatriates; but now, we have mainly Nigerians. We didn’t chase anyone away, it was natural alteration; we trained and replaced. Our first set of trained Nigerian first flight officers has recently been promoted to captains.”

According to the Corporate Communications Manager, Air Peace, Chris Iwarah, apart from some newer model aircraft recently procured by the airline for international services, which require uncommon skills, almost all the carrier’s pilots are Nigerians.

There have been calls in various quarters for domestic airlines to engage more Nigerians as pilots due to the rising number of unemployed indigenous pilots.

There are five aviation training schools in the country, and they are the Nigerian College of Aviation Technology, Zaria; International Helicopter Flying School, Enugu; Landover Aviation Training School and Aeroconsult Training School, both in Ikeja, Lagos; and the International Aviation College, Ilorin.

According to findings, the NCAT and IAC train about 20 to 30 pilots each year, while the other schools train people in certain levels of airline management and also take cabin crew courses.

But many of the trained pilots are still unemployed.

A former Managing Director of the defunct Nigeria Airways Limited, Capt. Mohammed Joji, said the efforts by the airlines to employ more indigenous pilots were commendable.

He added, however, that they must also be careful as many of them still get aircraft on wet lease – a form of short-term leasing agreement where the lessor provides an aircraft, complete crew, maintenance and insurance.

“We have to be careful if people are still interested in investing in wet lease; that has to be considered. Wet lease means people are bringing in their money and also want to bring in their pilots. If we were self-sufficient, we would not even need expatriate pilots; but until then, we must beware,” he stated.

Aviation security consultant and Secretary General of the Aviation Safety Round Table Initiative, Group Capt. John Ojikutu (retd), however, stated that the drop in the number of expatriate pilots was still negligible, considering the number of Nigerian pilots who needed jobs.

“We can’t say we have achieved much until it drops by at least 30 to 50 per cent. Until it drops further, it will not make any sense,” he said.

According to him, there are still many unemployed Nigerian pilots roaming the streets in search of jobs.

Ojikutu noted, “There are quite a lot of pilots who are hanging around, but most of these airlines bring in these expatriates not because of anything, but for capital flight. That figure that shows their number is reducing may be true but is it reasonable enough? The difference is still not much.

“If in 2016 we had over 600 and in 2017, it reduced to 500, it means about 100 of them have left, that would have been better. The onus is on the airlines; if we really want to have more Nigerian pilots, they should absorb them. But to absorb them most times, the airlines ask them to go for type-rating with their money and where will many of them get between $100,000 and $200,000 for that from? These are people who are looking for jobs.”

He stated that in the days of Nigeria Airways, the government sponsored the training of many pilots, a responsibility, which he noted many domestic airlines had refused to take.

“The entire pilots, who were trained by the Nigeria Airways, were quickly employed by other airlines when it was liquidated; they are now old and there is no space for more pilots, and because of that, airlines go out to get expatriates. They bring them in, pay them in dollars rather than absorb and train Nigerian pilots,” he added.

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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Business

Halal Market Expansion to Add $1.5bn to Nigeria’s GDP by 2027 – Shettima

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The Halal economy seems to offer many benefits for Nigeria, and Vice President Kashim Shettima has stated that the country is ready to reap these numerous advantages.

However, Nigerians will need to be patient until 2027.

According to Shettima, Nigeria hopes to leverage the opportunities presented by the Halal economy to add $1.5 billion to the country’s GDP by 2027.

Shettima, who attended the Nigeria Halal Economy Stakeholders Engagement Program in Abuja, said the program will open up Nigeria to more investments in the Halal market.

The program, themed “Building A Vibrant Halal Economy: Unlocking Nigeria’s Potential,” took place on Wednesday, September 18.

These investments are expected to help stimulate the country’s economy.

At the event, Shettima outlined the many benefits of the Halal economy.

As he took the podium, the Vice President informed Nigerians that the federal government would capitalize on every opportunity the Halal market offers.

He believes the Halal economy holds vast potential that aligns with the economic agenda of President Bola Tinubu.

Also, Shettima assured Nigerians that the country would develop a comprehensive Halal strategy.

He clarified that Halal has no connection to any religious agenda.

For those unfamiliar with the term, Halal is an Arabic word meaning lawful, permitted, or permissible.

Currently, over one hundred Halal-certified products are being sold in Nigeria.

According to available records, the global Halal economy has reached $7 trillion and is projected to grow to $7.7 trillion by 2025.

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Keystone Bank Receives New Board Chairman, Directors From CBN

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It is the dawn of a new era for Keystone Bank, a top player in the Nigerian banking sector.

As part of a broader strategy to ensure sustained growth for Keystone Bank, the Central Bank of Nigeria (CBN) has approved a new chairman and board of directors for the financial institution.

The new board consists of a new board chairman, five non-executive directors, and two new directors, all carefully selected to take the bank to new heights.

The apex bank confirmed the latest development via a statement on Wednesday.

Steering the ship of leadership is Lady Ada Chukwudozie, as the new board chairman.

Lady Ada Chukwudozie, brings with her a truckload of experience.

A prominent figure in Nigeria’s corporate sector, Ada has nearly three decades of experience in business strategy, management, and administration.

Her expertise cuts across multiple industries, including De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.

Indeed, to whom much is given, much is expected.

With her extensive background and experience, Ada will now shoulder the responsibility of guiding the bank toward achieving its long-term goals.

The good news is that she is not alone. Joining her on the board are five non-executive directors, each bringing their unique skills to the table.

The five non-executive directors are Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

Together, they will play a critical role in shaping the future of the bank.

Furthermore, two new executive directors, Ladi Oluwole and Abubakar Usman Bello were also confirmed by the CBN.

Meanwhile, Keystone Bank’s Managing Director and CEO, Hassan Imam, bragged about his confidence in the new team.

To him, he was certain they would drive the bank’s growth and ensure reliable service for customers.

Imam noted that their wealth of experience would play a crucial role in the bank’s continued repositioning and growth.

His words: “We are pleased to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank.

We are confident that their extensive experience will be invaluable as we continue to reposition the bank to seize emerging economic opportunities while maintaining strong corporate governance and providing our customers with a secure and reliable banking experience,” Imam concluded.

Recall that in January, the CBN dissolved the board and management of Union Bank, Keystone Bank, and Polaris Bank.

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Business

Dangote Refinery Clarifies Transaction Deal With NNPC, Says Payment Was Made in Dollars

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Dangote Refinery has cleared the air on the deal it had with the Nigerian National Petroleum Company Limited (NNPCL), countering the alleged N898 per litter deal. The company disclosed that it sold Premium Motor Spirit (PMS) in dollars.

Anthony Chiejina, Group Chief Branding and Communications Office of Dangote clarified the acclaimed N898 per liter deal with the Nigerian National Petroleum Company Limited (NNPCL).

Dangote Refinery said, “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per liter to the NNPCL.

“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedeviled the economy in the past 50 years.

“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Ahmed Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.

“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature.

“We assure Nigerians of availability of quality petroleum product and putting an end to the endemic fuel scarcity in the country.”

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