Day: 19 December 2023

Permanent Secretary seeks low-interest loan from BOI for completion of railway projects

In a bid to expedite the upgrade and expansion of the country’s railway networks, the Federal Ministry of Transportation is seeking to access low-interest loans from the Bank of Industry (BOI) to fund railway projects nationwide. The Permanent Secretary of the Federal Ministry of Transportation/Marine and Blue Economy, Dr. Magdalene Ajani said during a meeting …

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Airlines to pay compensation for delayed, canceled flights — Aviation Minister

The Ministry of Aviation, says it is working on plans to ensure that commercial airlines operating in Nigeria pay compensation to passengers for delayed or canceled flights starting from January 2024. The Minister of Aviation, Festus Keyamo, said this when he appeared before the Joint Committee of the National Assembly on Aviation for 2024 budget …

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Air Peace Wins Best Airline for Customer Service

Air Peace has been conferred with the “Best Airline for Customer Service, West Africa” for 2023 at the Global Brand Awards. The Global Brand Awards, an annual event by Global Brands Magazine (GBM) based in England, strives to honor worldwide brands that distinguish themselves across diverse industries while ensuring that readers are up-to-date on pivotal …

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Aviation Minister sacks all directors of NAMA, NCAA, NiMET, others

In a major shakeup in the aviation sector, the Minister of Aviation and Aerospace, Festus Keyamo, has relieved the appointment of directors of key regulatory agencies, including the Nigerian Airspace Management Agency, NAMA, Nigerian Civil Aviation Authority, NCAA, Nigerian Meteorological Agency, NiMET, amongst others. Others include the Federal Airport Authority of Nigeria, FAAN, and the …

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FG Moves To Slash Air Peace, Dana Others Airfares by 50%, Gives Conditions for Travellers To Benefit

The federal government is working on providing subsidies to airlines in the country to help reduce the high cost of air travel. It was discussed that passengers traveling would be given a form to fill out by the airline they are flying. The airlines will then forward the completed forms to the Central Bank of …

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High transportation cost: FG will grant waivers to air, road, rail transport operators — Tinubu

President Bola Tinubu on Monday, December 18, said the federal government is taking measures to alleviate the high cost of transportation by granting waivers to operators in the air, road, and rail transportation systems. President Tinubu gave the assurance during a meeting with members of the Newspaper Proprietors’ Association of Nigeria (NPAN), who paid him …

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