Business
‘Blatant lie’ — Air Peace replies Sirika on claim of losing $19m from leased aircraft
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
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
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
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.”
-
Business1 week ago
Lagos state government to commence upgrade of major junctions in Ikeja axis, seeks residents’ cooperation
-
Politics1 week ago
DSS operatives arrest man with bags of cash during Ondo guber
-
Celebrities1 week ago
Daddy Freeze, Akah Nnani clash over Emmanuel Iren
-
Special Features2 days ago
Iyabo Ojo, Brainjotter, Dayo Oketola, Penzaarville, Tomiwa and others to speak at the Bodex Social Media Hangout 5.0
-
News1 week ago
Alice Loksha, abducted UNICEF nurse, escapes captivity after 6 years
-
News1 week ago
Nnamdi Emeh: Suspect Facing Charges In Court, Process Independent Of Police Influence
-
Health1 week ago
Five ways to rid your home of ants
-
Politics1 week ago
Aiyedatiwa takes commanding lead in Ondo guber poll after winning 15 of 18 LGAs