Business

Aircraft used for unveiling of Nigeria Air was chartered from Ethiopia, says MD

Published

1 year ago

June 7, 2023 11:38 am

BodexNG

Dapo Olumide, chief executive officer (CEO) of Nigeria Air, says the aircraft used for the unveiling of the national carrier was a chartered flight from Ethiopian Airlines.

Speaking when he appeared before a house of representatives committee on aviation on Tuesday, Olumide said the aircraft was returned to Ethiopia about two days after the unveiling.

“It was a chartered flight,” he said.

His remark was a reaction to comments from members of the committee who said the aircraft bore the colours of the Nigerian flag.

Responding, Olumide said: “As a chartered flight, you can paint the aircraft in any colours you want”.

“On a chartered flight, the aircraft was to come to Nigeria to Abuja and go back 48 hours later.”

Olumide also said the necessary procedures for the establishment of a national carrier were not completed before the unveiling.

“We have a five-phase process to go through with the regulator. After the five phases, you can get the AOC certificate. Until then, you do not have an airline. So we are in the five-phase process of getting the airline,” he said.

“We are in stage one. We left stage one but we replaced all the key management of the airline. We replaced all of them. When you replace them, you have to go back to phase one. That is the requirement.

“We have not gotten to phase two yet. We are going to go into phase two but to go into phase two, there are certain documents you must attach to your request. One of which is called the schedule of events. There are other technical documents. We are in the process of putting these together.”

Also speaking, Mohammed Oduwowo, managing director of Nigeria Airspace Management Agency (NAMA), corroborated Olumide’s position.

“We had an approval. We granted the aircraft a flight permit. It was meant to be a chartered flight from Ethiopia to Nigeria. It was a chartered flight. It went back the following day,” he said.

Hadi Sirika, former minister of aviation, unveiled Nigeria Air — the national carrier — about three days before the end of former President Muhammadu Buhari’s administration.

Business

Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS

Published

7 hours ago

November 25, 2024 1:29 pm

BodexNG

The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.46 percent in the third quarter (Q3) of 2024.

The NBS, in its GDP report published on Monday, said the growth rate is higher than the 3.19 percent recorded in Q2 2024.

Business

Dangote refinery reduces ex-depot price of petrol to N970 for oil marketers

Published

10 hours ago

November 25, 2024 11:01 am

BodexNG

The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.

This is a cut from the refinery’s N990 ex-depot price announced earlier this month, according to a statement on Sunday.

The slash would help marketers save about N20 on each litre of petrol bought from the Lekki-based plant.

Anthony Chiejina, Dangote Group’s chief branding and communications officer, said the move is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”.

“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement reads.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”

Business

Allegation of missing fund untrue, says Access Bank

Published

12 hours ago

November 25, 2024 9:16 am

BodexNG

Access Bank Limited has dismissed as untrue allegations of missing fund and unethical behaviour.

The Bank in a statement said: “Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.

“First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.

“In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

“There is no N500million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us.

“We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

“Access Bank PLC operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

“Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

“We remain committed to serving our customers.”

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others