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BREAKING: Ethiopian Airlines finally breaks silence on the Nigeria Air project

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BREAKING: Ethiopian Airlines finally breaks silence on the Nigeria Air project

The leadership of Ethiopian Airlines has opened up on the controversy over the Nigerian Air initiative of the past administration of Former President Muhammadu Buhari.

Newstrends recalls that the former Minister of Aviation, Senator Hadi Sirika, had floated the airline on May 27.

However, it was later discovered that an aircraft belonging to Ethiopian Airlines was used to conduct a demonstration flight. The Nigerian airline eventually did not survive and was eventually halted by the new administration of Bola Tinubu.

In a fresh development, Ethiopian Airlines CEO Mesfin Tasew has revealed that the airline almost withdrew from the Nigeria Air project, but the Nigerian government insisted that it should continue.

Speaking to Nigerian journalists in Addis Ababa, Tasew said that Ethiopian Airlines was invited by the Nigerian government to partner in establishing a national carrier, but the airline was initially reluctant.

“We at first resisted the invitation to set up the airline but later agreed due to long relationship we have with Nigeria where we operate to four cities,” Tasew said.

However, Tasew said that Ethiopian Airlines was prompted to want to withdraw from the project after it received messages that some companies and airlines in Nigeria were defaming the airline and the Nigerian government and had gone to court to obtain a court order to stop the establishment of Nigeria Air.

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“This prompted Ethiopian Airlines to want to withdraw, but the Nigerian government insisted that it should continue the process of establishing the national carrier for the most populous nation in Africa,” Tasew said.

Tasew said that Ethiopian Airlines has not yet decided whether to continue with the process of establishing Nigeria Air, but the Nigerian government has said that it should continue with the groundwork until the court vacates the order and it addresses some concerns.

Tasew also emphasised that Nigeria Air was already established before Ethiopian Airlines was invited to partner with it.

“Nigeria Air was already established before Ethiopian Airlines was invited to partner with it. We were invited to come and help them establish the airline,” Tasew said.

Tasew said that Nigerians will benefit hugely from the national carrier if it is eventually established, as the federal government has said that Nigeria does not have dependable airlines in the domestic and international markets.

“The national carrier will be a huge benefit to Nigerians,” Tasew said. “It will provide Nigerians with reliable and affordable air travel options.”

Tasew added, “Ethiopian Airlines didn’t have any intention or plan to setup an airline in Nigeria. In May, of 2022, when I took my current responsibility (as Group CEO), a request came from the Nigerian government asking ET (Ethiopian Airlines) to participate in a bid and help the Nigerian government to setup a Nigerian flag carrier. It came in writing.

“Initially we didn’t want to go into that. We said we have other initiatives in other countries and we were busy. But the Nigerian government insisted that Ethiopian Airlines is an African airline, it has to help the Nigerian government in setting up the national carrier. So, we had to respect them. We serve the Nigerian public and government by flying to four cities in Nigeria; we couldn’t say no, we cannot come and help you. So, we had to submit proposal, we had to respect the Nigerian government.

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“And we thought that the Nigerian government had choices, ET being one; because they had also requested other airlines in the Middle East, Europe to participate in the bid. I don’t know whether they participated or not. We submitted our proposal and we received a letter from the Ministry of Aviation, saying that Ethiopian Airlines has been selected to be a partner to set up the airline.

“Then the Nigerian government wanted the structure of investors to be Nigerian investing institutions and the Nigerian government wanted only 5 percent shares to ensure that they have presence in the airline and to facilitate the establishment of the airline. We had a lot of discussions, we agreed but we had some differences in some points.

“And while we were preparing the shareholder agreement, then we heard that some companies in Nigeria including airlines started defaming and objecting the establishment of the airline and defaming the name of the government and Ethiopian Airlines. At that time, we thought that if the Nigerian government doesn’t want it, the Nigerian public doesn’t want it, we could as well withdraw.

“But the Nigerian government insisted that no, that this is a strategic issue for Nigeria and we have to continue. When these group of people went to court, and brought a court order, we had to defend ourselves, we had to go to the court, together with the Nigerian government, including the Ministry of Transport.

“We had to defend ourselves. So, until now, it is not yet decided, as far as we know, it is under the court. But the Nigerian government insisted that we had to continue the background work until the court case gets decision.

“Nigeria Air was established before us; it is already established by the Nigerian government before we were invited. It has its own leadership, it was doing a lot of things, it had started requesting for the Air Operators’ Certificate (AOC), making preparations. So, when we came in, it was a matter of restructuring the ownership of that Nigeria Air. For your information, the logo was already defined by them, it was not by Ethiopian Airlines. And we thought that if Nigeria Air is established, the benefit will be for Nigerian public, for Nigerian government.

“Because when we talked to the Nigerian government, why do you want to set up a new airline? They said they don’t have dependable airlines within Nigeria and they wanted an airline that can provide dependable service that departs and arrives on time; that doesn’t cancel flights on the domestic market and also on the international market.

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“The Nigerian government believes that airfares charged by foreign airlines are so high that the Nigerian public is at a disadvantage. So, the intention of the Nigerian government was to set up a very, very strong, reliable, dependable national carrier that services both the domestic market and the international. And we believe in it. that is why we wanted to move forward with it.”

“In the first place, it was not our initiative, it was the initiative of the government. Now, if the government wants us to cancel the project, it is fine with us. We have no problem. If the government want us to continue with the project, the government has to solve the legal case in court. Otherwise, we are willing to support the Nigerian government in the establishment of the national carrier. So, we leave the decision to the Nigerian government.

“We have no issues; we will not be disappointed if it is cancelled. We are just there to help. And if the parties ask us to help, change their mind, change its strategy, we are fine with that. This is what we told the Minister; that we respect whatever decision of the Nigerian government.”

“But in our opinion, what has been said in the media is completely wrong. If we go there, our goal is not to kill Nigerian airlines, absolutely not. We have no intention of killing Nigerian airlines. Definitely we have to set up a reliable airline, we have to provide the service that fits the needs of the Nigerian public. In fact, they have to be strong. If these airlines cannot be strong, they cannot compete. If they cannot compete, then some of them can go out of business. It is not peculiar to air transport business, in any business where there is competition. The stronger ones will grow, the weak ones will get dwarfed.

“So, a strong airline will force the other airlines to revisit their efficiency. To revisit their operation, to provide more dependable service from which at the end of the day the Nigerian pubic will benefit. So, they said if Ethiopian Airlines comes, it will kill us, no. We have no intention of killing them but to provide good service. And some say no, they will come with all their old aircraft, no; that is wrong. We will come with good young airplanes.

“It may not just be brand new but airplanes like the (Boeing 737) MAX. In fact, hoping that the airline will materialize, we had signed lease agreement from Canada to lease three 737 MAX, which are one and half years old. They are brand new aircraft. Now, Nigeria said no we don’t need it,” he said.

BREAKING: Ethiopian Airlines finally breaks silence on the Nigeria Air project

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Warri-Itakpe Derailment: 4 Dead, 64 Injured – Opeifa Explains What Really Happened

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Warri-Itakpe Derailment: 4 Dead, 64 Injured – Opeifa Explains What Really Happened
Managing Director (MD) of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa

Warri-Itakpe Derailment: 4 Dead, 64 Injured – Opeifa Explains What Really Happened

The Nigerian Railway Corporation has released a preliminary report indicating that a sudden wheel or bogie defect may have caused the June 8 train derailment in Delta State that killed four people and injured 64 others.

NIGERIA – The Nigerian Railway Corporation (NRC) has said that a “possible sudden development of a bogie or wheel defect” may have been the primary factor in the June 8, 2026 derailment of the Warri-Itakpe Train Service in Delta State. The corporation also identified the “possible manner of brake application” as a factor that may have contributed to the severity of the incident. However, the NRC stressed that both remain working hypotheses pending the conclusion of a comprehensive investigation. The NRC disclosed this in its preliminary report on the incident, which occurred at about 4:17 p.m. while the train was approaching the Outer Home signal of the Goodluck Jonathan Railway Station at kilometre 177, Owa-Oyibu, Agbor. “Based on the internal investigation carried out by the NRC inquiry team, preliminary observations indicate the possible sudden development of a bogie/wheel defect while en route. This observation is being investigated further as a potential primary factor in the derailment,” the NRC said in the report signed by its Managing Director, Kayode Opeifa. “A wheel defect of this nature may have generated abnormal wheel-rail interaction, excessive impact loading, and loss of running stability”.

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The train had departed Itakpe at noon with 482 people on board, comprising 442 passengers and 40 operational personnel. Five coaches, one locomotive, and a power car derailed, with three coaches and the power car overturning. The incident resulted in four confirmed deaths – three adults and one child – while 64 people sustained various injuries. Of those injured, 28 were treated and discharged at the Railway Hospital in Owa-Oyibu, while 36 others were taken to general hospitals in Owa-Oyibu, Owa-Alero, and Central Hospital, Agbor. Most of those admitted were discharged within 72 hours, though three people, including an NRC staff member who required surgery, remained under specialist medical care. All passengers were evacuated within two hours of the incident, with emergency response operations involving the Delta State Government, Nigeria Police Force, Federal Road Safety Corps, National Emergency Management Agency, and local authorities.

Importantly, the NRC inquiry team found that the railway points were intact and detected no evidence of track vandalism at the accident location. This distinguishes the June incident from two previous Warri-Itakpe accidents on November 1 and November 8, 2025, which were attributed to track vandalism. The NRC said the Nigerian Safety Investigation Bureau (NSIB) has commenced an independent investigation in line with statutory requirements, with the NRC fully cooperating with the process. The NSIB has recovered critical evidence from the accident scene, including witness statements, operational records, maintenance documentation, and technical data, which are undergoing detailed analysis. “The NSIB final report remains pending,” Opeifa stated.

The corporation said the track has been fully recovered and restored, while the locomotives are undergoing reconditioning. However, resumption of the Warri-Itakpe service would depend on the completion of a detailed track and equipment safety audit. The NRC’s preliminary report also recommended comprehensive inspections and safety audits of rolling stock, tracks, and railway infrastructure; strengthened maintenance and condition-monitoring programmes; updated operational procedures; and stronger enforcement of safety standards.

Warri-Itakpe Derailment: 4 Dead, 64 Injured – Opeifa Explains What Really Happened

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Subsidies or Student Loans? Minister Poses Tough Questions to Critics

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Subsidies or Student Loans? Minister Poses Tough Questions to Critics

Subsidies or Student Loans? Minister Poses Tough Questions to Critics

Information Minister Mohammed Idris cautions that restoring petrol subsidy would undermine fiscal progress, weaken investor confidence, and return Nigeria to the economic crisis of 2022, as the government highlights ₦6.47 trillion in infrastructure spending and over 10 million households reached with social transfers.

ABUJA, Nigeria – The Minister of Information and National Orientation, Mohammed Idris, has issued a firm warning against renewed calls to restore the petrol subsidy, declaring that such a move would reverse the economic gains recorded under President Bola Tinubu’s administration and plunge Nigeria back into the fiscal crisis that characterised the old subsidy regime. In an Op-Ed titled “Restoring Fuel Subsidy Will Reverse Nigeria’s Economic Gains,” published on Monday, August 24, 2026, in several national dailies, the minister outlined the fiscal benefits of subsidy removal, the economic risks averted, and the difficult trade-offs that would confront the country should petrol subsidy be reintroduced. According to a statement issued by his Media Aide, Rabiu Ibrahim, in Abuja, Idris argued that proponents of subsidy restoration must confront the real opportunity costs of such a decision, asking whether Nigerians are willing to sacrifice student loans, consumer credit, infrastructure funding, and social protection for the return of a policy that proved economically devastating.

“Restoring subsidy would almost instantly return Nigeria to the economic conditions of 2022, recreating the same fiscal pressures, distortions, scarcity and incentives for arbitrage that made the old system unsustainable,” Idris said. The minister recalled that in 2022, amid declining oil production and weak revenues, Nigeria spent about $10 billion on fuel subsidies, while the World Bank warned that the subsidy was consuming resources that could otherwise have supported education, healthcare, infrastructure and social protection. He noted that the legacy Ways and Means financing, which stood at about ₦30 trillion in May 2023 and has since been curtailed, would have doubled to ₦60 trillion or more without the reforms, while 27 states that were unable to reliably pay salaries would have seen their situations worsen considerably.

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Idris posed a series of pointed questions to those calling for subsidy restoration, challenging them to consider what would be sacrificed. “Do we restore petrol subsidy, or sustain student loans and consumer credit for young Nigerians? Do we restore subsidy, or preserve higher allocations to states and local governments? Do we restore subsidy, or continue funding roads, rail, power and security? Do we restore subsidy, or strengthen the fiscal capacity required to expand healthcare, education and social protection for vulnerable Nigerians?” he asked. The minister emphasised that these are not rhetorical questions but real policy choices that would confront the nation. He noted that the Organised Private Sector and the wider economic community have also cautioned against reversing the reform, recognising that Nigeria cannot build tomorrow’s economy by returning to yesterday’s unsustainable subsidy regime.

Citing the Federal Government’s recently presented “Nigeria’s Reform Scorecard: The Benefits, Costs and Harms Prevented,” Idris noted that the Minister of Finance and Coordinating Minister of the Economy, Dr. Taiwo Oyedele, disclosed that subsidy savings mobilised ₦15.8 trillion in resources for the Federation between June 2023 and December 2025. He explained that approximately ₦5.43 trillion accrued to the Federal Government, ₦6.52 trillion to states, and ₦3.88 trillion to local governments—clarifying that the ₦15.8 trillion was not a separate pool of cash but resources released within the Federation’s wider fiscal system. The minister noted that the increased fiscal space has strengthened the capacity of states and local governments to meet salary and pension obligations while enabling major federal investments in infrastructure, security, agriculture, and human capital. According to Idris, the Reform Scorecard recorded approximately ₦6.47 trillion in additional expenditure on strategic infrastructure, including major national corridors such as the Lagos-Calabar Coastal HighwaySokoto-Badagry Superhighway, and the Trans-Sahara Superhighway.

Beyond infrastructure, the minister highlighted that more than ₦400 billion has been committed to major social investment initiatives, including the Nigeria Education Loan Fund (NELFUND) with ₦223.8 billion, the MOFI Real Estate Investment Fund (MREIF) with ₦150 billion, and the Nigerian Consumer Credit Corporation (CREDICORP) with ₦50 billion. He added that social transfers have reached more than 10 million Nigerian households, providing critical support to vulnerable families across the country. Idris also pointed to renewed investor confidence, noting that the Nigerian stock market is the world’s best-performing in 2026, external reserves are at their highest level in nearly 20 years, and oil production has exceeded its OPEC quota for the first time in years. These indicators, he said, reflect the positive trajectory of the economy under the current reform agenda.

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The minister further warned that Nigeria is already carrying a substantial electricity subsidy estimated at ₦3.14 trillion between June 2023 and December 2025. This subsidy helps bridge the gap between actual power production costs and the capped tariffs paid by most consumers. According to figures from the Ministry of Finance, electricity subsidy payments rose sharply from N177 billion in 2023 to N1.48 trillion in 2024—an increase of more than 740 percent—before declining marginally to N1.47 trillion in 2025. “Reintroducing a petrol consumption subsidy on top of this would deal a double blow to Nigeria’s fiscal position,” Idris warned, noting that the combined burden would severely constrain the government’s ability to invest in critical sectors and maintain fiscal stability.

The minister also detailed the economic harm that the reforms have helped Nigeria avert. Had the subsidy regime remained unaddressed, he said, petrol scarcity would have returned, pushing prices above ₦3,000 per litre on the black market. The legacy Ways and Means financing, which stood at about ₦30 trillion in May 2023 and has since been curtailed, would have doubled to ₦60 trillion or more. The Scorecard projects that, without the reforms, the inherited situation of 27 states unable to reliably pay salaries would undoubtedly have worsened. Idris noted that the Centre for the Promotion of Private Enterprise (CPPE) recently backed the Federal Government’s economic reform programme, saying the measures have produced measurable improvements in Nigeria’s fiscal and macroeconomic position, though it urged a shift from economic stability to productivity, investment, and improved living standards.

The minister acknowledged that Nigerians are facing difficulties arising from the reforms but maintained that reversing course is not the solution. “We are not claiming that the reforms have solved all of Nigeria’s economic challenges; there is indeed still much work to be done to translate improved fiscal capacity into better services, jobs, infrastructure and living standards,” he said. He urged citizens to view the reforms in the context of the country’s long-term economic stability and the need to build a stronger, more productive economy. “Nigeria cannot build tomorrow’s economy by returning to yesterday’s unsustainable subsidy regime. We have moved beyond that model,” Idris concluded.

Subsidies or Student Loans? Minister Poses Tough Questions to Critics

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Lagos Pensioners Draw Battle Line with Government Over Pension Enhancement

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Lagos Pensioners Draw Battle Line with Government Over Pension Enhancement

Lagos Pensioners Draw Battle Line with Government Over Pension Enhancement

Retirees demand payment of pension increase and wage award as LASPEC cites ongoing actuarial assessment

A major confrontation is looming between the Lagos State Government and retirees under the Contributory Pension Scheme (CPS), as pensioners have issued Governor Babajide Sanwo-Olu an August 31 ultimatum to pay their long-awaited pension enhancement and wage award, or face what they described as the “mother of all protests” [citation:1].

The ultimatum was announced by the Chairman of the Nigeria Union of Pensioners Contributory Pension Scheme (NUPCPS), Lagos State Council, Comrade Michael Omisande, after a meeting with the Permanent Secretary, Public Service Office, Sunkanmi Oyegbola, which was also attended by the Director-General of the Lagos State Pension Commission (LASPEC), Babalola Obilana, and the Commission’s Executive Director, Finance, Muyiwa Oshin [citation:1].

According to Omisande, the union had in January 2026 submitted a template to the Lagos State Government for the implementation of the pension enhancement[citation:1]. Although LASPEC informed the union that approval had been granted to engage an actuary, he said no further action had been taken. “We have communicated a 19-day ultimatum to Mr. Governor to credit the accounts of pensioners on the pension increases/wage award, or face protest action tentatively fixed for August 31, 2026,” he stated [citation:1].

During the meeting, Obilana informed the pensioners that Governor Sanwo-Olu had summoned him and issued a directive on the matter but did not indicate when the payment would be implemented [citation:1]. Also present were leaders of the Nigeria Union of Pensioners Defined Benefit Scheme (NUPDBS), Olufemi Olarewaju and Olukayode Bada, while the Lagos State Chairman of the Nigeria Labour Congress (NLC), Funmi Sessi, urged LASPEC to expedite action to avert an industrial confrontation [citation:1].

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Omisande disclosed that the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, and the Lagos State Commissioner of Police had been notified of the planned protest to ensure adequate security for participants [citation:1]. The union had earlier written a formal letter to the Police Commissioner on August 18, 2026, requesting protection over a planned warning protest scheduled for Monday, August 24, 2026, which would hold simultaneously at strategic locations across all 20 Local Governments in Lagos State [citation:1].

The warning protest is scheduled to hold at strategic locations across all 20 Local Governments in Lagos State, including Lagos Island, Ikorodu, Ojo, Apapa, Agege, Oshodi, Somolu, Ikeja, Surulere, Mushin, Badagry, Epe, and others [citation:1]. The letter stated that “Senior Citizens are clamoring for the payment of 16years Pension Arrears” [citation:1]. The union directed the state government to ensure that the relevant pension accounts were credited through the Pension Fund Administrators (PFAs) by August 19, warning that failure to meet the deadline would result in a mass demonstration involving over 50,000 CPS pensioners [citation:1].

Reacting to the development, the Lagos State Government said it had not received funds from the Federal Government for the pension increase and was funding the additional liability for eligible state pensioners from its own resources [citation:1]. The government dismissed the claim that federal funds meant for pensioners were being held by the state in a bank to generate interest [citation:1]. According to the government, Lagos had already implemented the approved increase for eligible pensioners under the Defined Benefits Scheme (DBS)[citation:1]. For pensioners under the CPS, however, the process was still ongoing because the government was determining its full financial liability under the scheme. “Given the structure of the CPS and the need to determine the state’s full financial exposure accurately, an independent actuary has been engaged to assess the liability and provide the appropriate basis for implementation,” the government said [citation:1].

The government rejected the suggestion that it was deliberately delaying or withholding the benefit, assuring pensioners that “there is no deliberate delay or withholding of funds” and that the process was being undertaken to ensure accurate, transparent and sustainable implementation [citation:1]. The government appreciated the concerns of pensioners and urged them to be patient while the process was completed [citation:1].

Lagos Pensioners Draw Battle Line with Government Over Pension Enhancement

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