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Arik Air Rewards Customers with All -Expense Paid Trip to Brazil

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Arik Air, West and Central Africa’s largest airline has rewarded four of
its loyal customers with an all-expense paid trip to Brazil following the
conclusion of draws in the Brazil 2014 sales promotion inaugurated in
March.
The four lucky winners were picked on Thursday May 22nd, 2014 from the
tickets of many loyal customers who flew Arik Air’s business class from
Lagos to London, New York or Johannesburg between March 1 and April 30,
2014. The lucky winners are; Onuegbu Chima Godwin, Fashawe Oluwayemisi,
Aluko Bade and Samuel Bayode.

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The draws were supervised by the Director of Consumer Protection
Directorate, Nigeria Civil Aviation Authority (NCAA), Alhaji Adamu
Abdullahi while Nigeria’s music super star, Ice Prince was a special guest
at the event.
Speaking at the draws, Arik Air Senior Vice President, Operations/Deputy
Managing Director, Captain Ado Sanusi said: “The idea of this draw came
about a year ago when Nigeria qualified for the 2014 World Cup in Brazil.
The aim was actually to fly to Brazil and we have been working on that for
over two years, trying to make sure that we fly Lagos to Brazil before the
commencement of the World Cup finals”.
Captain Sanusi disclosed that the dream of Arik Air to commence commercial
flights to Brazil before the World Cup could not be actualised due to some
challenges but expressed optimism that someday Arik Air would link Nigeria
and Brazil.

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The Director of Consumer Protection, NCAA, Alhaji Adamu Abdullahi
appreciated Arik Air’s good gesture of rewarding customers, stressing that
offering all-expense paid trip is a way of cementing the good relationship
between Arik Air and its customers.
The NCAA Director expressed optimism that the airline would do more in the
coming years saying “It is a very good development that Arik is rewarding
loyal customers. I am sure that it is just the beginning. If you had a
direct flight to Brazil, I am sure the number that will benefit will be
more than this”.
Abdullahi who used the opportunity to address the issue of flight delays
and cancellation in the industry explaining that “delays and cancellations
in aviation are inevitable” but however advised that passengers should be
carried along whenever flights are delayed.
He also urged passengers to show understanding when there is a delay or
when there is cancellation of flight stressing that “nobody wants to go up
there for maintenance; because up there, there is no mechanic workshop,
you rather do all the repairs here before you leave. Nobody wants to go up
there when the weather is bad en-route or when the destination weather is
bad.”

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Contempt: Again, court commits EFCC boss, Abdulrasheed Bawa, to prison

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The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has been committed to prison for allegedly disobeying court order.

The court also directed the Inspector-General of Police, Usman Baba, to effect Bawa’s arrest and remand him in Kuje prison for the next 14 days until he purges himself of the contempt.

Justice R.O. Ayoola of the Kogi State High Court, in his judgement on Monday, granted the application for committal to prison of the EFCC chairman for disobeying a court ruling delivered on November 30, 2022, wherein the EFCC chairman was directed to produce the applicant in the case, Ali Bello.

Ali Bello had dragged Bawa to court for arresting and detaining him illegally, with the court ruling in his favour, only for the EFCC to arraign him for alleged money laundering three days after the ruling.

The EFCC’s applications for setting aside and stay of execution of the ruling were refused for want of merit.

The Court had, in Form 49, Order IX, Rule 13, marked, “HCL/697M/2022” and titled, “Notice to Show Cause Why Order of Committal Should not be Made,” asked the EFCC Chairman to appear before it on January 18, 2022 to explain why he should not be jailed for flouting the order given on December 12, 2022 in a case filed by Ali Bello against the EFCC and Bawa, as the 1st and 2nd respondents, respectively.

The court ordered that the EFCC and Bawa be served the motion of notice together with Form 49 by substituted means.

The court had declared the arrest and detention of the applicant in the face of a subsisting court order made by a court of competent jurisdiction and without a warrant of arrest “or being informed of the offence for which he was arrested” as unlawful, unconstitutional, and in contravention of the personal liberty and dignity of human person guaranteed under Chapter IV of the Constitution of the Federal Republic of Nigeria 1999 (as amended).

The court had also ordered the respondents to tender an apology to the applicant in a national newspaper and awarded N10 million compensation for him.

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Fidelity grows profit to N52 billion for FY 2022 

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Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX) on Wednesday, 31 January 2023.

 

According to the regulatory filing, the bank grew Gross Earnings by 33.9% to N335.897 billion (from N250.774 billion in FY 2021) and Net Interest Income by 61.1% to N152.813 billion (from N94.877 billion in FY 2021) leading to a Profit After Tax of N47.163billion for FY 2022 (from N35.579billion in FY 2021).

 

Similarly, Total Assets for the Bank now stand at N3.999trillion (from N3.289trillion in FY 2021) and Deposit from Customers is now at N2.591trillion (from N2.024trillion in FY 2021).

 

Analysts posit that this is yet another strong showing for the tier-one bank having sustained impressive performance year-on-year even in the face of the headwinds in the economy. Despite growing its Gross Earnings at an impressive rate, the bank has managed to record one of the lowest Non-Performing Loans (NPL) ratios in the Nigerian banking industry, for instance.

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Petition signatures to Emefiele over new naira hit 1653..

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Petition signatures to Emefiele over new naira hit 1653

 

Following the crisis over the non-availability of the redesigned N100, N200, N500 and N1000, over 1653 Nigerians have petitioned the Central Bank Governor, Mr Godwin Emefiele, to end what they termed ‘hardship’ on the citizens.

 

The petition, hoisted on the global change website, change.org, which was started on Friday, garnered over 1653 signatures on Saturday.

 

As of the time of filing this report, many bank customers have yet to access the new notes as many automated teller machines are either not dispensing cash or completely shut down because of the crowd.

 

Protests have erupted over the situation in some parts of the country and some banks vandalised by hoodlums, demanding access to their money lodged in several accounts.

 

 

 

There have also been controversial videos showing bank officials sabotaging the process by hiding the new notes behind old ones in vaults.

 

The President, Major General Muhammadu Buhari (retd.), has requested seven days from Nigerians to fix the mess.

 

Part of the petition stated, “The recent shortage of physical cash in Nigeria has caused major untold hardship to Nigerians. People are spending hours in long lines at banks just to withdraw cash, and many are forced to rely more on digital transactions which tend to be unreliable due to poor bank networks.

 

POS operators also charge outrageous amounts; as much as N1000 for a N10,000 withdrawal. The Central Bank of Nigeria has stated that the shortage is temporary, but it is causing serious disruption to the daily lives of many Nigerians.

 

“We call on the government, stakeholders, law enforcement agencies and the CBN to take urgent action to address the cash shortage crisis in Nigeria. We demand that the CBN increase the distribution of physical cash to meet the demand, and also any POS operator found charging outrageous amounts for withdrawal should be arrested.’’

 

Meanwhile, the National Association of Nigerian Students has expressed displeasure over the issue, noting that the process was not only ill-timed but also not well thought out.

 

Speaking to Sunday PUNCH during a telephone interview on Friday, National Vice President (External Affairs), Akinteye Afeez-Babatunde, said, “The whole situation is crazy. We are tired. Students are crying and complaining. They can’t get cash. The leaders have confirmed to us that they don’t care for the people. The policy is fine but the process to get it done is to the detriment of our own lives as Nigerians. Our day-to-day activities have been disrupted. Nigerians are suffering.’

 

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