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Nigeria Air: Experts Seek More Cooperation Among Airlines



  • Nigeria Air: Experts Seek More Cooperation Among Airlines

Aviation experts have called for more cooperation among airlines operating in and from Nigeria in order to fully develop the industry and boost the economy.

This came just as the Chief Executive Officer, African Aviation Services Limited, Nick Fadugba, said the Federal Government should take a decision on Arik Air and Aero Contractors before the new national carrier could take off.

Fadugba, who spoke at a forum in Lagos, noted that the country was blessed with the biggest domestic aviation market on the African continent, bigger than South Africa, Kenya, Ethiopian and many other countries, but that it had yet to harness this market for the benefit of everyone, adding that the beneficiaries remained the foreign airlines.

“Our airlines need to work together. If you have five or even 10 aircraft, it is nothing in the world of aviation. If you look at Ethiopia, they have 100 aircraft; that is one airline, and yet we have 10 airlines here with maybe five aircraft each. We need to work together. We need more cooperation among our airlines,” he said.

The Director-General, Consumer Protection Council, Mr Babatunde Irukera, who also spoke at the forum, stated that one way for airlines to grow was to improve on their responses to customers’ complaints.

“The airlines have to measure their responsiveness and sensitivity indexes with respect to their consumers. One thing is that they do not even have the appropriate mechanism for people to call in and have complaints resolved. Ultimately, consumer issues are primarily soft infrastructure issues,” he said.

He added that he had recently met with the Nigerian Civil Aviation Authority and airline operators to find collaborative ways to address consumer issues in the industry.

Meanwhile, Fadugba has said it will be wrong for the government to keep funding Arik and Aero with public funds while attempting to float a new carrier.

The Federal Government through the Asset Management Corporation of Nigeria, some time ago, took over both airlines due to their debt profiles.

He said, “I think the government and the Ministry of Aviation need to sit down and really think carefully on what they want to do with Arik and what they want to do with Aero because they have used public funds to maintain these airlines. Effectively, the government owns 60 per cent of each of them and has now created a national carrier; so there is a little bit of contradiction here.

“We need to as a matter of urgency resolve what is happening to Arik. If the government wants to sell it to investors, let them please go ahead and do it. The same goes for Aero. I would love to see the three airlines working together; I think that will be a good strategy for Nigeria.”

According to Fadugba, there are many questions that need to be answered in terms of the management, funding and fleet for the new carrier.

He said the Federal Government, rather than doing it abroad, should explain to the whole nation what the concept of the new carrier was.

“More importantly, I’m interested in how does the national carrier interface with all the other airlines in Nigeria. Because remember that the government is the de facto owner of two other airlines: Arik and Aero. So, this is the first time I have seen one government own three airlines. The government needs to coordinate its airlines’ strategy in terms of moving forward,” he said.

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.


Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm




Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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