Air Travel Earns $1.7bn Annually, Create 341,000 Jobs       Contribution of the air travel sector to the country’s Gross Domestic Product (GDP) has been put at $1.7 billion yearly, with at least 341,000 direct jobs. The Commissioner of the Accident Investigation Bureau (AIB) Nigeria, Akin Olateru, made...

‘Textile Can Generate 2.5 Million Jobs’       Vice-President of Industrial Global Union, Mr. Issa Aremu, has said that the textile industries alone can generate over 2.5 million jobs in Nigeria if rejuvenated. He said the current government could create 100 million jobs over the next 10 years...

Boeing Cuts 7,000 More Jobs, Records $449m Q3 Loss       Pressured by another quarterly loss, Boeing announced Wednesday additional job cuts as it adapts to a prolonged downturn in the aviation industry. The planemaker, which has been in belt-tightening mode throughout 2020, plans to eliminate about 7,000...

IATA Foresees More Job Losses In Aviation — Report     The International Air Transport Association’s new data indicating the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April. IATA said African’s aviation would suffer job losses to the...

Flared Gas Can Employ Two Million People – RMAFC     The Revenue Mobilisation Allocation and Fiscal Commission on Wednesday lamented missed opportunities occasioned by continued flaring of gas in Nigeria. RMAFC also projected an annual revenue generation of $1bn from gas if the gas sector was properly...

N10bn Investment To Reduce Petrol Import, Create 1,500 Jobs   Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10...