Connect with us

News

Npower News: Federal Government Gives Reasons For Delayed Payment

Published

on

Npower

The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has revealed that a special exit package that is being designed for stream 1 is the cause of payment delay for Npower beneficiaries. 

According to a source who prefers to be anonymous “the ministry is planning a special package for the batch C stream 1 of Npower beneficiaries who may soon be ending their program.”

The source also said that plans are ongoing for the retention of active Npower beneficiaries whose contracts will expire this month (September). He further disclosed that all Npower beneficiaries will be paid their allowance before the end of the month. 

Established in June 2016, Npower was created to address the issue of unemployment and increase social development. The program has however been marred with inconsequential payment of beneficiaries allowance. 

It will be recalled that Investors King had reported that some Npower beneficiaries alongside their family members protested against two unpaid allowances. 

The protesters who carried placards with different inscriptions bemoan the Federal Government for not paying them their monthly allowances for July and August.

They also appeal to the Federal Government through the Minister of Humanitarian Affairs, Hajia Sadiya Umar Faruk to extend the programme for at least two years as it was done for both Batch A and Batch B beneficiaries.

Similarly, in December 2021, hundreds of Npower beneficiaries protested in Abuja over more than three months of unpaid allowances. 

According to one of the protesters, Micheal Bright, he said they have yet to be paid their monthly allowance, a situation which he says has left many of them hungry and sick.  

“We have been enduring hunger for months and we cannot take it anymore. That is why we protested today. Something urgent has to be done.” He concluded.

 

Continue Reading
Comments

Sport Business

Qatar Will Spend $220 Billion to Host 2022 FIFA World Cup

Qatar will spend $220 billion to host the 2022 world cup which is $208 billion higher than what was spent in 2018

Published

on

Qatar will spend $220 billion to host the 2022 world cup which is $208 billion higher than what was spent in 2018. 

As the 2022 FIFA World Cup draws nearer, investigations have revealed that the host country, Qatar is expending a whopping sum of $220 billion to host the most watched sporting event in the world 

Investors King understands that this was $208 billion higher than what was used to host the last edition of the FIFA World Cup in Russia. 

It could be recalled that Russia spent $11.6 billion to host the 2018 FIFA World Cup. 

The 2022 FIFA World Cup is scheduled to hold between the 20th of November and the 18th of December 2022. The opening ceremony will take place at the 60,000-capacity Al Bayt Stadium. 

This is the first time that the FIFA World Cup is being held in the Middle East and the second time it will be hosted by an Asian Nation.

In preparation for the much-anticipated sporting event, the government of Qatar has built a new city ‘Lusail’ where the final will be conducted at the iconic Lusail Stadium. 

It was reported that the oil-rich nation ‘Qatar’ is spending $500 million every week on construction, infrastructure, hospitals, hotels, airports, and several new stadiums.

About 1.5 million people are expected to arrive in Qatar for the FIFA World Cup. Out of the eight stadiums prepared for the world cup, seven of them are newly built with world-class facilities. 

Financial Analysts have estimated that the world cup will create more than one million jobs for the country across key sectors like construction, real estate, hospitality and tourism. 

Besides, analysts opined that activities surrounding 2022 world cup will increase Qatar’s Gross Domestic Product (GDP) by 4.1 percent while it will contribute about $20 billion to the economy in the near time. 

Continue Reading

Travel

Qatar Airways Leads Top 20 Airlines For 2022

Qatar Airways emerged as the world’s best airline at the recently concluded Skytrax World Airline Awards 2022

Published

on

Qatar air

Qatar Airways emerged as the world’s best airline at the recently concluded Skytrax World Airline Awards 2022. 

Investors King learnt that 20 airlines across the globe were picked for their outstanding services. While Qatar Airways top the list, Singapore Airlines and Emirates Airlines were ranked in second and third place, respectively. 

It should be noted that Qatar Airways won the prestigious award for a record seventh time in a ceremony held at Langham Hotel in London, United Kingdom. 

The Group Chief Executive of Qatar Airways, H.E Mr Akbar Al Baker said: “To be named as the World’s Best Airline was always a goal when Qatar Airways was created, but to win it for the seventh time and pick up three additional awards is a testament to all the hard work of our incredible employees”.

According to the Chief Executive Officer (CEO) of Skytrax, Edward Plaisted, “Qatar Airways was the largest airline to have flown consistently throughout the Covid-19 pandemic, with their network never falling below 30 destinations,”. He stated. 

The best airlines were determined from a pool of hundreds of airlines operating along different routes. 

Between September 2021 and August 2022, Skytrax conducted an online customers survey in various languages which include English, French, Spanish, Russian, Chinese and Japanese to determine the top 20 from a list of 350 airlines that featured in the final result. 

Meanwhile, Skytrax further breakdown the award into subcategories. For instance, Singapore Airlines won the best first-class cabin award, while Qatar Airways grabbed the best business class service.  

Virgin Atlantic was awarded the best premium economy while Emirate Airlines won the best economy cabin. Singapore Airlines was also awarded the best Cabin Staff while All Nippon Airways (ANA) won the best cabin cleanliness. 

Below is a list of the top 20 airlines for the year 2022

  1. Qatar Airways
  2. Singapore Airlines
  3. Emirate Airlines
  4. All Nippon Airways (ANA)
  5. Qantas Airways 
  6. Japan Airlines 
  7. Turkish Airlines
  8. Air France
  9. Korean Air
  10. Swiss International Airlines 
  11. British Airways
  12. Etihad Airways
  13. China Southern 
  14. Hainan Airlines 
  15. Lufthansa
  16. Cathay Pacific
  17. KLM
  18. Eva Air
  19. Virgin Atlantic
  20. Vistara

Continue Reading

Travel

Nigeria Air to Commence Operations Soon; Air Service to Start With Abuja-Lagos Route

Nigeria Air will soon begin operations, starting with the Abuja – Lagos route, the Minister of Aviation, Hadi Sirika had stated.

Published

on

Nigeria Air

The country’s National Carrier, Nigeria Air will soon begin operations, starting with the Abuja – Lagos route, the Minister of Aviation, Hadi Sirika had stated.

According to the minister, the National Carrier, “Nigeria Air” will be launched with three Boeing 737-800 aircraft. Hadi Sirika further disclosed that the aircraft are configured to adapt to the Nigerian market. 

It will be recalled that in 2015, President Muhammadu Buhari had promised a National Carrier as part of his campaign manifesto. While preliminary work begins, the government however suspends the plan in 2018 with no defined explanation. 

The Minister also disclosed that Ethiopian Airlines Consortium has been selected as the preferred partner for Nigeria Air with a stake of 49 percent. The Federal Government will hold a stake of five percent while a group of three investors ‘MRS, SHACO and Sovereign Wealth Fund will retain 46 percent. 

Speaking during a press conference in Abuja, Hadi Siriki noted that the bidding process was subjected to due process and due diligence. Nigeria Air has an ambitious plan to reach a size of 30 aircraft and begin International operation within the next two years. 

Meanwhile, Nigeria Air Limited has commenced recruitment of qualified crew members ahead of its launch. A memo posted on the verified Twitter handle of the Ministry of Aviation read 

“Nigeria Air is now recruiting qualified crew for the following positions: Experienced, and current B737 Captains; Experienced, and Current B737 First Officers; Experienced, and Current B737 Senior Cabin Crew and Cabin Crew Experienced, and Current B737 Engineers (B1/B2 preferred),” the memo noted.

Interested and qualified candidates are advised to forward their Curriculum Vitae (CVs) to recruitment@nigeriaair.world

Nigeria previously had a national carrier, “Nigeria Airways” which was founded in 1958 and wholly owned by the government. It ceased to operate in 2003 due to corruption and mismanagement. 

Continue Reading
Advertisement
Advertisement




Advertisement
Advertisement
Advertisement

Trending