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FG To Reopen Nigerian Airspace to International Flights in Weeks

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Buhari Plans to Reopen Nigerian Airspace to International Flights

The Federal Government has said it would reopen the nation’s airspace to international flights in few weeks.

Hadi Sirika, the Minister of Aviation, disclosed this on Thursday in Abuja during the briefing of the Presidential Task Force on COVID-19.

The Airspace was closed in March to curb the spread of COVID-19 in Nigeria, Africa’s most populous nation. However, with economies gradually reopening despite lack of a viable vaccine for the ravaging coronavirus, President Muhammadu Buhari led administration has decided to join other global nations and reopen the Nigerian airspace to international flight operations.

This was after Nigeria’s largest carrier, Air Peace announced it would be letting go 70 pilots due to the impacts of COVID-19 on the airline financial position.

Also, earlier this week Bristow Helicopter announced it would let go about 100 pilots and engineers as it can no longer support them financially. This series of sacks in the aviation sector likely prompted the Federal Government to reconsider its position on airspace lockdown.

Sirika said, “So we really want to open. But we can’t open alone, for within the space where we operate we’ve got all kinds of people there in the airports.

“We’ve got immigration, police, Customs, civil defense, port health, etc, and so the PTF has set up a technical committee to come up with a date when everybody will be happy to start.

The minister added, “So we will open as soon as all of us are happy to open. And I want to adopt what the coordinator has said; it will be in weeks rather than in months.

Sirika, however, urged Nigerians not to blame officials for the current situation in the aviation sector.

He said, “On the question about the reopening of the airports, I will like to use this medium to reiterate and to be consistent with what we’ve been saying. I want people to understand that this is not purely an aviation function.

“It also has to do with our health and is so huge that it made Mr. President in his wisdom to set up the Presidential Task Force on COVID-19. This is in the interest of the nation.

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

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FG Introduces NEXIT Portal for Npower Batch A and B Beneficiaries

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The Federal Government has introduced a new online portal for exited Npower beneficiaries of batch A and B.

According to the Minister for Humanitarian Affairs, Sadiya Farouq, the portal was launched in collaboration with the Central Bank of Nigeria (CBN) to enable exited Npower beneficiaries apply for available federal government empowerment options.

This was disclosed in a statement issued by Nneka Anibeze, the media aide to the minister, on Friday.

The ministry said the NEXIT portal will be used to determine the suitability of exited beneficiaries for various CBN-affiliated programmes.

She explained that selection will be based on the conditions and criteria set by the apex bank.

Ms Farouq, therefore, urged interested exited Npower beneficiaries to log on to the NEXIT portal and provide the required additional information for possible placements into central bank’s intervention options.

The Minister expressed her deep appreciation to the CBN Governor Mr Godwin Emefiele CON for his support adding that the Ministry of Humanitarian Affairs remained committed to the vision of Mr President to lift 100 million Nigerians out of poverty in the next 10 years.

“Minister Umar Farouq pledged the Ministry’s willingness to collaborate with relevant agencies of government and other stakeholders towards the realization of that vision and congratulated the exited beneficiaries while wishing them well in their future endeavours.

“The Federal Government of Nigeria is very proud of the milestones you have achieved during your period of service to the nation. As we prepare to exit into prospective endeavours.”

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Ellah Lakes Partner Ondo State Government to Develop Oil Palm, Cassava in the State

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The management of Ellah Lakes Plc said it has partnered with Ondo State Government to develop and manage 5000 hectares of land for the purpose of cultivating oil palm and cassava in Ondo State, Nigeria.

The company stated in a statement signed by Kenechi Ezezika, Company Secretary, Ellah Lakes Plc.

Speaking on the development, the Chief Executive Officer, Chuka Mordi said: “This is a significant landmark for the Company in the development of our landbank, & we are very excited to be working with ODSG.

I am delighted that we are fulfilling our strategic objective of progressively expanding our land bank & diversifying our portfolio and production base. I am also glad to say that the intercropping programme in Edo State is progressing steadily & we have achieved our first milestone of 100Hectares of Cassava with the participation of personnel of the Agricultural Development Program (ADP), in Edo State”.

The Special Adviser on Development & Investment to the Ondo State Governor/ Chief Executive Officer of Ondo State Development and Investment Promotion Agency (ONDIPA), Mr. Akinboye Oyewumi, who also spoke on the development said: “We are pleased with this collaboration with Ellah Lakes Plc., and we look forward to a mutually beneficial, valuable and fruitful venture.”

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Unilever Nigeria Appoints Mr Jaime Aguilera as a Non-Executive Director

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Unilever Nigeria Plc

Unilever Nigeria Plc announced it has appointed Mr. Jaime Aguilera as a Non-Executive Director of the company effective from January 2021.

The company stated in a statement filed with the Nigerian Stock Exchange.

Mr Jaime Aguilera worked with Coca-cola, Nestle and Procter & Gamble before joining Unilever as Executive Vice President Unilever Eastern Europe in September 2016.

Therefore, his experience spans from Europe, Americas and Asia.

His key expertise areas are “in Sales & Marketing and he has lead teams in Spain, Brazil, South Eastern Europe, Middle East, Mexico and Global teams.

“In 2009, he joined Unilever Spain as EVP & Chairman and then moved to his current role as Unilever Executive Vice President Africa, leading the Unilever business in Africa. Jaime is of Spanish origin and is an alumnus of the Universidad Pontificia de Comillas- ICADE. Jaime majored in Economic Sciences, Management & Business Administration.”

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