Aviation Sector Leads With N117bn Contribution To GDP In H1, 2022 - NBS   The aviation sector has contributed more to the Nigerian economy in the first half of 2022 with at least N117.3 billion, said the National Bureau of Statistics (NBS). The NBS, in the Nigeria...

$600m Blocked Funds: Foreign Airlines May Cut Flights   Many foreign airlines are considering further drastic steps to mitigate the effects of blocked funds in Nigeria. The options, according to a highly placed source, include outright stoppage of flights to Nigeria, reduction in frequencies which Emirates Airlines...

Nigeria Air: FG Disburses N6.25bn On Consultancy, Advisers     The controversial national carrier, Nigeria Air, may see the light of the day before the current administration winds down, with a new take-off date now set for the first quarter of 2022. The fresh optimism, The Guardian learnt,...

Foreign Firms Eyeing Nigerian Airports, FG Demands Proposals   The Federal Government has said it will send requests for proposals to qualified bidders for the concession of Nigeria’s four major international airports after assessing the requests for qualification. It also said the preceding stage – request for...

FAAN Contractors Cry Out Over N140bn Debt       The controversy trailing the proposed concession of four international airports by the Federal Government took another dimension yesterday following revelations that the Federal Airports Authority of Nigeria (FAAN) owes contractors over N140bn. This is coming barely a week after...

Five Months After, Operators Await N17bn Aviation Bailout Balance     Five months after the N5 billion out of a N22bn aviation industry palliative was released, the balance of N17bn has not been disbursed by the federal government. Operators that include airlines, ground handling companies, among others may...