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National carrier needs $300m initial capital — FG

National carrier needs $300m initial capital — FG

Akinpelu Dada with agency reports The new national airline, Nigeria Air, will require initial capital of between $150m and $300m, and the Federal Government is seeking a strategic partner to operate the carrier, according to a document seen by Reuters on Thursday. The Minister of State for Aviation, Hadi Sirika, on Wednesday said the government […] …

FG to engage 300,000 new N-Power beneficiaries

FG to engage 300,000 new N-Power beneficiaries

Olalekan Adetayo, Abuja The Federal Government has concluded arrangements to engage additional 300,000 beneficiaries in the second batch of its N-Power Volunteers Corp from August 1. The Senior Special Assistant to the Vice-President on Media and Publicity, Mr Laolu Akande, disclosed this in a press statement on Thursday. Akande explained that with 200,000 existing beneficiaries, […] …

Reps ask NCAA to test pilots for alcohol, drugs

Reps ask NCAA to test pilots for alcohol, drugs

John Ameh, Abuja The House of Representatives on Thursday warned pilots and crew members against flying under the influence of alcohol and other psychoactive substances capable of altering their moods. The House specifically directed the Nigerian Civil Aviation Authority to conduct regular pre-flight tests on pilots to be sure that they are not under any […] …

Buhari inaugurates Anambra erosion control projects

Buhari inaugurates Anambra erosion control projects

Okechukwu Nnodim, Abuja President Muhammadu Buhari has inaugurated and handed over erosion control projects to communities in Anambra State in continuation of the Federal Government’s Erosion Control Programme through the Ecological Fund Office. Under the ECP, the President approved 16 ecological intervention projects to check the menace of flooding and erosion in selected states across […] …

FG unveils new national carrier, Nigeria Air, targets 81 routes

FG unveils new national carrier, Nigeria Air, targets 81 routes

Okechukwu Nnodim and Maureen Ihua-Maduenyi The Federal Government on Wednesday unveiled the branding and livery for the new national carrier, Nigeria Air, and stated that the airline would be inaugurated at the end of this year. According to a statement issued by the Ministry of Aviation in Abuja, the Minister of State for Aviation, Senator […] …

Senate okays N348bn subsidy payment to oil marketers

Senate okays N348bn subsidy payment to oil marketers

Leke Baiyewu, Abuja The Senate has approved the payment of subsidy claims totalling N348bn to oil marketing companies based on a request by President Muhammadu Buhari. The approval was made at the plenary on Wednesday following the adoption of the interim report by the Senate Committee on Petroleum (Downstream) on ‘Promissory Note Programme and Bond […] …

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