News
Suspended private airlines to receive licenses soon
Private Airlines which had their operating licences suspended by the Buhari administration may soon have cause to smile.
This is because their case is receiving the attention of the federal government. The Republic investigation show that the ministry of transport and aviation has already sent proposal to the council of ministers for a review of suspended licences.
According to informed ministry of transport sources the increased number of air passenger fare which the Nigeria Airways cannot cope with require a review of the suspended licences so they can operate unscheduled flights.
Already investigations have been concluded to unravel the circumstances which led to their suspension.
The Republic however granted that each case will be treated on its own merit. Certain conditions are to be fulfilled by the operators of the private airlines.
These include among others, the satisfactory financial capability of the proposed airline, adequate staffing and maintenance of equipment.
So far, there are 5 odd private airlines operating in the country. The oldest being Aero-Contractors. Others are Okada, Kabo Gas, Hamza and Inter Continental.
-
Economy2 days agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance2 days agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
News2 days agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime2 days agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
Oil and Gas2 days agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Economy2 days agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
News14 hours agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry14 hours agoMAN summit to tackle high energy costs for manufacturers
