Connect with us

Business

‘Blatant lie’ — Air Peace replies Sirika on claim of losing $19m from leased aircraft

Published

on

Air Peace has refuted claims made by Hadi Sirika, former minister of aviation, that it lost $19 million from parking two leased Boeing 777 aircraft for several months.

In a statement on Monday, signed by Toyin Olajide, chief operating officer (COO), the airline said the claims made by the minister were spurious.

Yesterday, Sirika discussed issues relating to Nigeria Air and the country’s general aviation sector on Arise TV.

“Nigerians can remember when I stood up for Air Peace and ensured they must be going to Dubai. Are they going now? No! Why? No capacity,” He had said.

The former minister also said Air Peace “leased two Boeing 777 aircraft on a monthly lease fee of $250,000, parked the aircraft for several months and incurred losses of $19 million while all the aircraft engines and landing gears became due for replacement when we were ready to fly”.

Speaking on the allegations in the statement, Olajide said the airline has three Boeing 777 aircraft, which it purchased outrightly.

“This is a blatant lie as we have three and not two Boeing 777 aircraft which were never leased or rented, but were purchased outrightly by the airline,” she said.

“Air Peace never incurred such a loss, we never paid rentals contrary to his lies. The Nigerian Civil Aviation Authority (NCAA) can attest to the purchase and ownership of the aircraft by Air Peace.”

Also responding to the allegation that the airline stopped flying to Dubai because of a lack of capacity, the COO said “Air Peace never stopped the Dubai operations because of lack of capacity”.

She said the airline commenced operations into the UAE in July, 2019, but in October 2022, the UAE government announced a total visa ban on Nigerians,” she said.

“Neither Emirates nor Air Peace is operating the Nigerian/UAE route since the ban. The persisting non-issuance of visas and the accompanying inconveniences necessitated the suspension of our Dubai operations from November 22, 2022, till date.

“For the former minister to ascribe the suspension to ‘lack of capacity’ is not only shocking but also shows how keen he is to disparage an airline which (sic) ascendancy has defied all the commercial odds and hostile environment placed on its path to continue to serve our nation proudly.

“How could an airline that placed a firm order for 13 brand new E2-195 aircraft, a firm order of 15 Boeing 737 Max 8 and Max 10, with over 30 aircraft already in its existing fleet be accused of lacking in capacity?

“How can an airline that stood up for the entire nation during the Covid-19 outbreak, and embarked on rescue operations worldwide, evacuating Nigerians from faraway China, Malaysia, Indonesia, Thailand, India, UK, and South Africa during the Covid-19 lockdowns be accused of lacking in capacity?

“We implore the general public to disregard these lies told by the former minister of aviation against Air Peace during the Arise TV Interview.”

Business

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

Published

on

By

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.

Continue Reading

Business

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

Published

on

By

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.”

Continue Reading

Business

Allegation of missing fund untrue, says Access Bank

Published

on

By

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.”

Continue Reading

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

Most Read...