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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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Nigerians Lost ₦42 Billion To POS, Mobile Phone Frauds In 3 Month – Report

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The Financial Institutions Training Centre (FITC) has expressed concerns over the increasing cases of fraud in Nigeria.

This is as the institution reveals that it recorded a total of 11,532 fraud cases only in the second quarter of 2024.

In a latest report, FITC revealed that many of these frauds were linked to computers, mobile devices, and point-of-sale (POS) systems.

Also, the report revealed that these frauds did not start now.

It started in 2023 and now, like a deadly plague, it has crawled into the first quarter of 2024.

In the second quarter, the total value of fraud stood at ₦56.3 billion, a significant increase from the ₦34.8 billion reported in the first quarter of the year.

Despite efforts by financial institutions to recover the stolen funds, only ₦13.7 billion was salvaged leaving fraudsters smiling home with a whooping ₦42.6 billion.

When we talk about Mobile fraud, we mean fraud carried out via mobile apps and internet banking.

This fraud scheme accounted for 33.4% of the total cases in the report, making it the largest category.

Fraudsters who operate via POS did not disappoint.

They contributed 24.6% of the cases.

Web-based fraudsters were well represented, holding 16.9% of the total fraud incidents.

Meanwhile, via the report, FITC decried the increase in computer-based fraud as a growing concern.

The report reveals how bank branches counted their losses, with 95% of the total fraud value occurring at the branch level.

Of a truth, there have been many advancements and upgrades in technology.

Yet, fraudsters continue to excel.

We cannot help but blame this on the insiders who betrayed their organizations.

During the quarter in question, 49 employees were dismissed for their involvement in fraudulent activities.

The report also brought to light a new kind of fraud.

It is called fraud by magnitude.

Fraud by magnitude caused bank branches to lose approximately ₦54 billion.

That amount signifies a staggering 95.63% of the overall fraud amount.

Web-based fraud followed closely with losses of ₦1.2 billion (2%).

POS and mobile fraud each contributed around 1%, resulting in ₦651 million and ₦547 million losses, respectively.

On the bright side, there was a 31.8% decline in card-related fraud, but cheque and cash fraud surged significantly.

This rise in cash-related fraud reaffirms that criminals are also updating their skills as the days go by.

The big question is, what is the way forward?

For FITC the use of advanced technology, including artificial intelligence may be worth a shot.

Also, attention must be paid to proactive measures, such as bolstered security systems and continuous training of staff, as critical to reducing fraud.

As detailed in the report, fraudsters have stolen a total of ₦42.6 billion from commercial banks between April and June 2024.

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CBN Stands Firm on Controversial 0.005% Cybercrime Levy for Electronic Transactions

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Central Bank of Nigeria (CBN)

The Central Bank of Nigeria (CBN) has said no going back on the cybercrime levy imposed on all electronic transactions.

In fact, in its new guidelines for the 2024-2025 fiscal year, the CBN announced that it will continue enforcing this controversial cybercrime levy of 0.005%.

This levy has received widespread criticism by Nigerians.

However, to the CBN, it is mandated by the Cybercrime (Prohibition, Prevention, etc.) Act of 2015, aimed at bolstering the nation’s cyber security infrastructure.

Meanwhile, the percentage has been reduced from 0.5% earlier announced in May 2024 to 0.005% in the new guidelines.

The CBN published the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025 document.

Via the document, the CBN reaffirmed its commitment to this charge.

The document read: “The CBN shall continue to enforce the payment of the mandatory levy of 0.005 percent on all electronic transactions by banks and other financial institutions, in accordance with the Cybercrime (Prohibition, Prevention, etc.) Act, 2015.”

The guidelines also echoes other commitments by the CBN.

Such commitment includes ensuring that banks, Other Financial Institutions (OFIs), and Payment Service Providers (PSPs) adhere to minimum cybersecurity standards.

To this end, the appointment of Chief Information Security Officers (CISOs) to oversee cybersecurity issues in compliance with the 2022 risk-based cybersecurity framework is of top priority.

The document added: “Pursuant to the circular titled ‘Issuance of Risk-based Cybersecurity Framework and Guidelines for Deposit Money Banks and Payment Service Providers’ referenced BSD/DIR/GEN/LAB/11/25, and dated October 10, 2018, issued by the CBN to combat the increasing cyber security threat in the banking industry, banks and Payment Service Providers (PSPs) are mandated to adhere to the guidelines on the risk-based cyber security framework.

“Similarly, another framework titled ‘Issuance of Risk-based Cybersecurity Framework and Guidelines for Other Financial Institutions (OFIs)’, referenced OFI/DOA/CON/ACT/004/155, was issued on June 29, 2022.

The guidelines specified the minimum cyber security baseline to be implemented by banks, OFIs and PSPs, and mandated the appointment of a Chief Information Security Officer (CISO) to oversee cyber security issues.”

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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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