Connect with us

Headlines

Nigerian Airlines Reach Truce with Government, Get Jet Fuel at N480 per Litre, Cancel Shutdown Plan

Published

on

By Derrick Bangura

The Airline Operators of Nigeria (AON) on Monday reached a truce with the leadership of Nigeria’s House of Representatives and other government agencies to cancel the plan of shutting down flight operations in the country. The operators had last Friday announced their plan to stop flight operations due to the high of cost of aviation fuel that had risen to N700 per litre. This, was however shelved.

Meanwhile, at a meeting attended by the airline operators, the Group Managing Director of the Nigerian National Petroleum Company, (NNPC) Mele Kyari, the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele and other stakeholders, the operators agreed to cancel the planned suspension of their services.

Advertisement

At the meeting chaired by the Speaker of the House, Hon. Femi Gbajabiamila, it was agreed that six million litres of jet fuel would be made available through the intervention of the CBN governor, at the rate of N480 to the operators.

As a long term measure they also resolved that the operators would begin the process of application for their licence to import jet fuel directly for their operations.

Reading the resolutions Gbajabiamila said: “That we move the language of suspension to canceled. That the issues of shut down has been canceled based on this meeting.

Advertisement

“The NNPC and the airline operators both agreed that in the interim of three months, the marketers of choice that you are comfortable with and you know their markup will not drive you out of business would be supplied with jet fuel.

“The third resolution is that in the mid-to-long term, in fact right now, you will begin the process of application for your own license for you to be able to import your own jet fuel, to assist you in your business. Also to the benevolence of the CBN governor that six million litres are available now at N480.

“You will get allocation for the next three months through the companies you have nominated. In the process of application for license, midstream should as much as possible grant waivers that would not touch on the security and safety of the process. Committee chairmen on aviation and downstream should follow up.”

Advertisement

Speaking for the airline operators, the Vice President of AON, Mr. Allen Onyema, alleged that their woes in the industry was compounded when the Nigeria National Petroleum Company (NNPC) Limited refused to make available 25,000 metric tonnes of aviation fuel approved by President Muhammadu Buhari to be sold to them at landing rates to ameliorate the losses they suffered over the months.

Onyema who is the Chairman of Air Peace, told the gathering how his association was invited by the Nigeria Midstream and Downstream Regulatory Authority (NMDRA) to notify them of the President’s gesture, and the need for them to nominate trusted and established marketers to take delivery of the 25,000 MT and sell to them at the landing rate.

He said having nominated 10 established marketers to take the product, he, in the presence of his members, called the NNPC GMD informing him of the President’s gesture and that their selected marketers would be in touch regarding the product, adding that Kyari refused.

Advertisement

“We were told that a week later that is when the consignment would be arriving Nigeria and when this happened, the next we got to hear from the marketers was that they had already been given the consignment that we were all jostling for.

“So we waited thinking that they would sell as agreed. They never. I actually called the MD of NNPC, in the presence of our members. We wanted to hear from him. He answered that there was no way they would leave us to get direct products that it was dangerous.

“But I said no, that the marketers you are going to give are the same marketers that would handle it for us. He said he did not want any crash or anybody adulterating it. I said how could they adulterate it because they are the same marketers.

Advertisement

“We are not taking it on our own. Long and short of the story is that this product was not given to us and we noticed that it continued rising and rising,” he said.

The President of the Association, Abdulmanaf Yunusa who’s also the Chairman of Azman Air, corroborated the allegation levelled against the NNPC GMD.

In his response, Kyari said they considered safety issues involved in releasing aviation fuel directly to operators, or even marketers, saying that not everyone can handle ADK which necessitated his refusal.

Advertisement

“It is more complex than they say. Somebody must handle aviation fuel. We cannot surrender the safety of Nigerians to just anyone. It is not every marketing company that can handle ATK including the chairman’s company.

“We cannot give him. He has a marketing company. We cannot give ATK to handle. That is why they have to bring the people that we can deal with,” the GMD said.

When asked by Gbajabiamila if they can nominate those that can handle it, he said “why not, we have no problem with that.”

Advertisement

Asked to comment on the possibility of granting forex at a special rate for the airlines, Emefiele told the gathering that there was nothing the apex bank could do since it depends on forex generated by the NNPC through crude oil sales which has been quite low due to oil thefts in the Niger Delta.

“The availability of forex is very important and the issue of constraint from forex arising from issues bordering on theft in the Niger Delta is a big issue. It is when NNPC is able to export that dollars can come in.

“We do not have forex to sell. It would be difficult for us to grant any concession. It means we would be taking a hit or we would be providing some sort of subsidy for the industry”, Emefiele said.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

NNPC Foundation Trains Over 3,000 Southwest Farmers in Climate-Smart Agriculture

Published

on

In a bid to promote food security and sustainable agricultural practices, the NNPC Foundation has successfully trained more than 3,000 farmers in the South-West geopolitical zone on climate-smart and modern farming techniques.

The training, which concluded on Friday in Ikorodu, Lagos, marked the end of the Southwest phase of the foundation’s pilot programme aimed at empowering local farmers and boosting agro-productivity.

Speaking at the closing ceremony, Managing Director of the NNPC Foundation, Mrs. Emmanuella Arukwe, described the initiative as a milestone in the lives of thousands of farmers.

Advertisement

“Today marks the formal conclusion of the first phase of a national journey that speaks to resilience, food security, and economic empowerment,” Arukwe said.
“What began as a bold decision to support small holder farmers has translated into tangible action across three geopolitical zones (South-East, South-South, and South-West) in Southern Nigeria.”

She disclosed that a total of 3,860 vulnerable farmers across 10 locations in the three regions were trained in sustainable farming practices that improve productivity and market access.

“This achievement is not just a number, but a milestone in the lives of real people and real communities. We were able to strengthen farmers’ capacity to adapt to climate change,” she added.
“Through the training, we were able to improve access to markets, promote inclusive agriculture and especially gender representation. We also trained them on enhancing food production through sustainable techniques.”

Advertisement

Arukwe noted that the programme would now move to the North-West, North-Central, and North-East zones as part of its next phase, saying the foundation is committed to supporting livelihoods nationwide.

“This is only Phase One. We will now turn our focus to the North-West, North-Central, and North-East zones. What we have achieved in the South will inform and strengthen our next steps,” she said.
“The NNPC Foundation will continue this mission, to support livelihoods, build resilience, and empower the hands that feed our families and beyond.
We have decided that most times you get a lot of requests from people asking us to give them palliatives and all kinds of things to help them.
But we think it is much better to teach people to fish than just give them fish so they can continue,” Arukwe explained.

Chairman of Ikorodu Local Government, Mr. Wasiu Adesina, while commending the initiative, urged the beneficiaries to apply the knowledge gained to boost productivity and profitability.

Advertisement

“As we all know, agriculture is the bedrock of any nation. Without agriculture, there will not be a nation, because there will be no food to eat,” Adesina stated.
“It is the farmers that produce our food, and it is important that we train our farmers with new techniques in agriculture, and that is exactly what the NNPC Foundation is doing.

“To the farmers, you have to take advantage of this training and face the farming squarely. In some great countries like the United States and the United Kingdom, farmers are the most richest people in those countries.

“This is because they make a lot of money from farming. We need to inculcate that habit in Nigeria and develop ideas in farming. Even after my tenure, I am going back to farming, so, maybe I will ask the NNPC Foundation to train me so that I also join you to be a farmer.”

Advertisement

He appealed to the foundation to provide further empowerment for the trained farmers to help them kickstart their agricultural ventures.

“If the farmers have land for farming, I believe the foundation will provide financial aid to keep their farms running,” Adesina added.

Also speaking at the event, the Lagos State Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, represented by the Director of Fisheries, Mrs. Osunkoya Daisi, lauded the Foundation’s efforts in bolstering the state’s food security.

Advertisement

“On behalf of the Lagos State Government, we would like to express our sincere appreciation to NNPC Foundation for training our farmers and for training all the farmers all over the country,” she said.
“Definitely, the training will help improve food production. We can see the impact of climate change effects in agriculture. I am sure farmers have been equipped with climate-smart agriculture techniques to improve production.”

The NNPC Foundation Ltd/Gte is the Corporate Social Responsibility (CSR) arm of the Nigerian National Petroleum Company (NNPC) Limited. It was incorporated in February 2023 to manage the company’s CSR initiatives and enhance Nigeria’s socio-economic development.

Advertisement
Continue Reading

Education

NUC grants ESUT full accreditation for Law, 7 other programmes

Published

on

The National Universities Commission, (NUC), has given full accreditation to the Enugu State University of Science and Technology (ESUT), for her Law programme.

According to the Public Relations Officer of ESUT, Mr Ikechukwu Ani, this is contained in a letter addressed to the institution’s Vice Chancellor, Prof. Aloysius Okolie, on Wednesday in Enugu by the NUC.

Ani said that in the letter, the Executive Secretary of NUC, Prof. Abdullahi Ribadu said the report was contained in the result of the October/November 2024 accreditation of academic programmes in Nigerian universities.

Advertisement

Ani disclosed that other programmes in the institution accredited by the NUC include Master of Science in Business Management; Education Computer Science; Education Physics and Agricultural Engineering.

Other accredited programmes he said were Quantity Surveying; Urban and Regional Planning; and Applied Microbiology.

He said that the letter quoted Section 10 (1) of the Education National Minimum Standard and Establishment of Institutions, Act CAP E3, Laws of the Federation of Nigeria 2004 as empowering the NUC to lay down minimum academic standards for all academic programmes taught in Nigerian universities.

Advertisement

He said the session also empowers the NUC to accredit such programmes.

Continue Reading

Crime

Court remands 2 over alleged attempted murder

Published

on

Court discharges man accused of burning father’s house in Abuja

An Ikeja Magistrates’ Court, Lagos, on Wednesday, remanded two persons, Olaitan Fasasi and Kehinde Tobiloba in a correctional facility over alleged attempted murder.

Fasasi, 40, and Tobiloba, 26, whose addresses were not provided, are being charged with conspiracy, attempted murder and membership of a secret society.

The Magistrate, Mr L.A Owolabi, did not take the plea of the defendants for want of jurisdiction.

Advertisement

Owolabi directed the police to forward the case file to the Director of Public Prosecution for legal advice.

He thereafter adjourned the case until May 31 for mention.

The Prosecutor, Josephine Ikhayere, told the court that the defendants committed the offences at about 5.02p.m on Feb. 15, at Mushin, Lagos.

Advertisement

She said that Fasasi, Tobiloba and others now at large, attempted to commit murder by shooting at a resident, Alfred Ademola.

“They armed themselves with a locally made gun. They belong to Eiye Confraternity, a group proscribed by law,”, she said.

Ikhayere said that the offences contravened Sections 230(1) and 411 of the Criminal Law of Lagos State, 2012.

Advertisement

He said that the actions of the defendants also contravened Section 2(3)(a)(b)(c)(d) of the unlawful societies and Cultism Law of Lagos State Law.

Continue Reading

You May Like

Copyright © 2025 Acces News Magazine - All Right Reserved.

Verified by MonsterInsights