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FG suspends Nigeria Air amid fraud allegations
FG suspends Nigeria Air amid fraud allegations
The Minister of Aviation and Aerospace Development, Festus Keyamo, has labelled the ‘Nigeria Air’ project, introduced by former President Muhammadu Buhari’s administration, as fraudulent. Keyamo emphasized that the initiative remains suspended due to its deceptive nature and lack of genuine benefit to Nigerians.
During the Ministerial Sectorial update held on Monday in Abuja, Keyamo critiqued the project for being shrouded in secrecy and involving fraudulent activities. He clarified that the supposed national carrier was, in reality, an Ethiopian airline masquerading as a Nigerian entity.
“It was never Air Nigeria; it was Ethiopian trying to fly our flag. It was not Nigeria. It only printed Air Nigeria. It was an Ethiopian airline trying to fly our flag. If it is so, why not allow our local people to fly our flag? Why bring a foreigner to fly our flag?” Keyamo stated.
He further asserted that a genuine national carrier should be entirely Nigerian and should benefit the country fully, rather than allocating 60% of the profits to another nation. “Air Nigeria must be indigenous, must be wholly Nigerian, or must be for the full benefit of Nigerians, not that 60 percent of the profit is given to another country. How does that benefit us? It remains suspended,” he reiterated.
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In addition to addressing the suspension of Nigeria Air, Keyamo highlighted initiatives aimed at boosting economic development in the aviation sector. One significant step is the resumption of cargo flights between Nigeria and Saudi Arabia, which had been halted for a considerable period.
“We have agreed that we’re going to resume cargo flights between Nigeria and Saudi Arabia. This has been suspended for a long time but now cargo flights are back,” Keyamo announced.
He noted that air cargo trade is a substantial part of global trade, accounting for 35% of the world trade deficit and generating approximately $6 trillion annually, according to the International Air Transport Association (IATA). Keyamo expressed optimism that Nigeria could tap into this lucrative market, enhancing the country’s presence in global trade routes.
As the aviation sector seeks to recover and grow, these measures are expected to bring significant economic benefits, positioning Nigeria more competitively in the global market.
FG suspends Nigeria Air amid fraud allegations
News
Senate okays bill for foreigners in Nigeria to obtain NIN
Senate okays bill for foreigners in Nigeria to obtain NIN
The Senate has advanced a bill to grant all residents, including foreigners, the right to obtain and use the National Identification Number (NIN) sponsored by Deputy Senate President Barau I.
Jibrin (Kano North), the bill also aims to replace criminal penalties with administrative measures to ensure compliance without severe legal consequences.
Senator Cyril Fasuyi (Ekiti North) presented the bill’s principles, emphasizing the need to repeal the current Act and establish a new regulatory framework for the National Identity Management Commission (NIMC) to enhance its oversight and regulation of Nigeria’s ID system.
“The bill’s objectives include expanding the eligible registrants under the Nigeria ID System to achieve inclusivity and universal coverage,” Senator Fasuyi explained.
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“It allows all residents in Nigeria to obtain a National Identification Number (NIN) for official identification purposes.”
Furthermore, the bill proposes streamlined sharing of personal data with robust data protection measures to safeguard privacy and foster public trust in data handling.
It also enhances administrative enforcement powers to ensure timely compliance with ID registration requirements.
Importantly, the bill advocates for replacing criminal penalties with administrative measures for non-use of NIN, aiming to encourage compliance without burdening individuals with severe legal consequences.
After debates, the Senate proceeded to pass the bill, marking a significant step toward potential reforms in Nigeria’s identity management system.
Senate okays bill for foreigners in Nigeria to obtain NIN
News
I never lobbied to extend my tenure — IGP Egbetokun
I never lobbied to extend my tenure — IGP Egbetokun
The Inspector General of Police, Kayode Egbetokun, has debunked reports alleging that he has been lobbying the National Assembly to tamper with the Nigeria Police Act 2020 to elongate his tenure and year of service of personnel in the force.
Force Public Relations Officer, ACP Olumuyiwa Adejobi, disclosed the IGP’s denial in a statement, saying it is vital to clarify unequivocally that the bill was originally introduced during the 8th Assembly but did not progress beyond the initial stages before the Assembly’s dissolution. It is standard legislative practice to review and update laws to align with current national realities.
The proposed amendment seeks to extend the years of service for police officers from 35 to 40 years, and the age limit from 60 to 65 years.
Adejobi said: “The Nigeria Police Force is deeply perturbed by the dissemination of false information across various media platforms, notably the distorted publication by an online media, regarding the proposed amendment to the Nigeria Police Act 2020.
“The misleading publications alleged that IGP Kayode Adeolu Egbetokun personally initiated this bill to prolong his tenure as the 22nd indigenous Inspector General of Police, and has allegedly invested significantly in lobbying lawmakers to facilitate its passage.’
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Egbetokun decried a situation where certain media outlets and their sponsors had chosen to propagate baseless accusations, ignorantly disregarding the fact that any modification to existing legislation was designed to enhance its effectiveness and relevance.
The statement read: “To understand the true motivations behind this initiative, one needs only look at the Inspector General of Police steadfast commitment to reforming the Nigeria Police Force.
“His advocacy for this bill stems from a genuine belief in its potential to improve the conditions of service for police officers and thereby bolster security nationwide, rather than seeking personal gain. It comes from the place of duty rather than benefit.“
“Furthermore, it is important to note that the tenure of an Inspector General of Police is already prescribed as four years, with the President being the sole authority empowered to remove an IGP before the completion of his tenure.
”Furthermore, the Nigeria Police Force called on the public to exercise caution and discernment when consuming information, particularly from sources known for sensationalism and unverified claims.
“Such misinformation not only misleads but also detracts from constructive dialogue and efforts towards meaningful police reform.”
I never lobbied to extend my tenure — IGP Egbetokun
News
Despite generating $1tn in 40 years, Nigeria’s debt rose to $91.46bn — Agbakoba
Despite generating $1tn in 40 years, Nigeria’s debt rose to $91.46bn — Agbakoba
Human rights activist and senior lawyer, Dr. Olisa Agbakoba, SAN, yesterday, said Nigeria’s public debt rose to $91.46 billion (N121.67 trillion), despite its ability to generate $1 trillion in 40 years.
Agbakoba identified the alleged exclusion of Nigerians from key value chains, weak enforcement of local content laws, incorporation of foreign agreements, tax avoidance and corruption as possible reasons for the development.
He also called for the implementation of new measures, including the increase of Nigerians’ participation in legal services, shipping, banking, insurance, drilling, oil field services and engineering within the oil and gas industry.
In his presentation, titled ”The Paradox of Nigeria’s Oil and Gas Industry: A Policy Paper”, at an engagement with the media in Lagos, Agbakoba, said: “Over the past 40 years, the cumulative revenue from oil and gas has exceeded $1 trillion, an amount that should have been sufficient to transform the nation’s economy and infrastructure.
“Yet, Nigeria consistently resorts to borrowing, with the total public debt standing at N121.67 trillion ($91.46 billion) as of March 31, 2024, according to the Debt Management Office, DMO.
“There are 36 value chains related to crude oil exploration, with at least seven crucial ones largely excluding Nigerian participation: Legal, shipping, banking, insurance, drilling, oil field services, engineering and construction.
“Over $1 billion worth of legal work is lost to foreign firms annually due to a perception of superior expertise and international experience.
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“Nigerian shipping companies are not engaged to ship crude oil products due to the absence of a legal framework for developing a national fleet of vessels, leading to significant loss of potential revenue and employment opportunities.
“Funds from crude oil production are often domiciled in foreign banks, sometimes held for months before remittance to the Central Bank of Nigeria, depriving Nigerian banks of substantial business and the economy of potential multiplier effects.
“The Nigerian insurance industry plays a very insignificant and limited role in the oil and gas Industry.
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