The federal government of Nigeria has extended the deadline for private jet owners to complete their verification exercise by one month. This exercise involves recovering unpaid import duties on illegally imported private aircraft. EDITOR’S PICKS ICYMI: Nigerian TikToker, Oloba Salo Reportedly Shot in Lekki, Don’t Scrap the EFCC, Fix It, Fintiri Slams Calls For Abolition … Read more
The Federal Government has resolved the longstanding issue of unpaid minimum wage arrears for staff of the Nigerian Meteorological Agency (NiMet). EKO HOT BLOG reports that the settlement, covering 45 months of arrears dating back to 2019, was confirmed in a statement issued on August 12, 2024, by Okechukwu Nwokoro, Secretary of the NiMet Unions Joint … Read more
NAMA has suspended its planned 800% increase in navigational charges following Minister Festus Keyamo’s directive, emphasizing economic sensitivity and the need for further consultations. EKO HOT BLOG reports that the Nigerian Airspace Management Agency (NAMA) has suspended its previously announced hike in navigational charges following directives from the Minister of Aviation and Aerospace Development, Festus … Read more
The Nigerian government is enabling local airlines to access international routes to the US and South America, as announced by Minister of Aviation Festus Keyamo. This initiative aims to boost the global reach of Nigerian airlines and improve connectivity with key international markets. Keyamo highlighted that competition from local airlines, facilitated through Bilateral Air Service … Read more
Air Peace has expanded its international flight operations by adding a new route from Abuja to London. The move follows the successful inauguration of direct flights from Lagos to Gatwick Airport in London on March 30, 2024. The expansion has increased competition among international carriers. EKO HOT BLOG reports that Air Peace, a leading Nigerian airline, … Read more
EKO HOT BLOG reports that the Bola Ahmed-led Federal Government has said it would investigate the raging and high airfares imposed on Nigerian travellers by airlines operating in the country. The Executive Vice Chairman and the Chief Executive Officer (CEO) of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, made this known on Saturday … Read more
NLC plans to shutdown the aviation sector in Imo State in protest of the State governor, Hope Uzodinma. This is in response to the disruption of the May Day celebrations. In a letter to the Lagos Branch of the organization, the General Secretary of the movement, Emmanuel Ugboala has asked to prevent any movement of … Read more
CBN Releases $265m Out of Trapped Foreign Airlines’ Funds EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has released the sum of $265 million to airlines operating in the country to settle outstanding ticket sales in an apparent move to check a brewing crisis in the country’s aviation sector. A … Read more