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Delta 2019…Billionaire Oil Minister, Ibe Kachikwu For Governor

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After all, ambition, it is said, is a great man’s madness, but Ibe Kachikwu, the Minister of State, Petroleum Resources, who wants to rule oil-rich Delta State begs to differ. He seeks to affect no madness, he only seeks to serve his people in Delta state in more appreciable capacities; at least his apologists said.

According to The Nation Newspaper, “Kachikwu, is, according to sources, one of the most respected Buhari men being encouraged from Aso Villa to contest the governorship in their states.

As former Group Managing Director, Nigerian National Petroleum Corporation and now Minister of State for the strategic ministry, Kachukwu is considered experienced enough and powerful enough to make impact. His international exposure as President of OPEC is considered an added advantage.

These apart, sources said the minister has not done much to confirm interest in the governorship race in 2019. “He does not have visible and tangible political structure at the local government level to back up the so-called powerful support,” the source said.

Although, speculations are rife that the billionaire minister could fall victim to political fraudsters by his bid, it would interest many a pundit that Ibe is a shrewd individual; a pragmatist who never attempts extravagant spending of any kind. He is very wary of politicians seeking to rip him off and fleece him of his hard-earned money while they make empty promises to him.

Feelers are that Odogwu as he is fondly called, is being very cautious and wary of political kingmakers of Delta State who may not be favourably disposed to his candidacy. And he needs not to be told that Nigerian politics goes beyond the grandiose rhetoric and almost impracticable theory of boardrooms.

The Nation investigation shows that Buhari’s henchmen who have made concrete moves to back up their governorship ambitions include the Minister of Defence, Mansur Dan-Ali from Zamfara State, Obong Umana Umana from Akwa Ibom State, the Minister of State for Petroleum, Ibe Kachukwu from Delta State, Nyerere Chinenye Anyim from Abia State and Marcus Gundiri from Adamawa State.

Others are Suleiman Hassan, the Minister of State, Power, Works and Housing; Adebayo Shittu, the Minister of Communication; Aisha Alhassan, Women Affairs Minister; Kayode Fayemi, the Minister of Solid Minerals Development; Babafemi Ojudu, the Special Adviser to the President; Dakuku Peterside from Rivers State and Isima Ekere, the Managing Director of NDDC. While most of these aspirants are no longer hiding their quests to contest the 2019 governorship elections, we gathered that many other close associates of the president are still consulting stakeholders and may soon join the race. A source at the presidency said Mr. President’s associates interested in governing their states are currently encouraged as it is seen as a good way of campaigning for Buhari’s re-election. “We believe these are the right crop of leaders that share the vision of Mr. President. If we encourage them to become governors in their states, the anti-corruption policy of Buhari will become more nationwide,” the Presidency source said.

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Air Peace, British Airways, KLM, Delta others Assessed equally on Safety Standards

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The International Air Transport Association (IATA), the trade association for the world’s airlines has said that Air Peace, Nigeria and West & Central Africa’s largest carrier stands at par with other world aviation giants in terms of global safety standards. This is a testament to the hard work and dedication of management of Air Peace at maintaining global safety standards in the organisation.

Area Manager, West and Central Africa, IATA, Dr. Samson Fatokun made the disclosure on the side lines of the presentation of sixth consecutive International Air Transport Association Operational Safety Audit (IOSA) Certification to Air Peace Limited. According to Dr. Fatokun, “The standards that are given are the same as the British Airways, KLM, Delta. They are all assessed the same way. Findings done here is the same over there as well, that makes you stand at par with other airlines in the world when it comes to safety”.

The IATA helmsman lauded Air Peace for passing through the rigorous audit process which is a clear demonstration of process managers’ exceptional expertise and dedication. “When you’re an airline in the first world, people expect you to do things and work but when you come from Africa, they expect you to do more, but when you come from Nigeria, the expectations are immense”.

He commended Air Peace for being the pride of Nigeria while noting the airline’s remarkable achievements in just a decade of its operations, insisting that it is not a mere fluke. “Air Peace’s presence on the IOSA registry is a testament to its unwavering dedication to safety, operational excellence, and professionalism. This milestone is not just a victory for the airline but a pride for Nigeria. It highlights that local carriers can operate at the highest international safety levels.”

The IATA chief whose organisation represents some 340 airlines over 80% of global traffic and support many areas of aviation activity and help formulate industry policy on critical aviation issue explained that safety is the number one priority. “The measurement of that safety is not only in not having accidents, but in the process that have been certified to working safely with processes, following standard recognized practices that have been certified by external auditors that cannot be corrupted, and are globally recognized”.

An IATA certification means your business follows airline carrier rules. Airline’s safety records largely inform people’s decision to fly a particular airline. “Some people are very careful of the aircraft they step into, and safety records inform peoples decisions”, Dr. Fatokun said. He warned that ISOA is not something one takes with levity. “It is tough, we keep on improving it, not to make it difficult but to make it adaptable and it isn’t easy”, adding that “safety is not cheap, accidents are costlier but with the right investment safety can be guaranteed”.

The sixth IOSA certification is a major achievement for Air Peace, reflecting its deep-rooted safety culture, robust management systems, and commitment to continuous improvement. It sets a new benchmark for safety in African aviation and inspires other carriers across the continent to strive for similar excellence.

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Afreximbank To Support Aircraft Financing for Nigerian Airlines Following Productive Side Meeting at Dublin Aviation Economic Conference

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A significant milestone in Nigeria’s aviation sector was achieved during a side meeting held with the Afreximbank team at the ongoing Aviation Economic Conference in Dublin, Republic of Ireland. The meeting, facilitated by Boeing’s Senior Director of Finance, Lereece Rose, brought together key stakeholders to discuss aircraft financing opportunities for Nigerian airlines.

 

The meeting was attended by the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo SAN, who led the Nigerian delegation. The delegation included distinguished members such as the Chairman, Senate Committee on Aviation, Senator Abdulfatai Buhari; Chairman, House Committee on Aviation, Hon. Abdullahi Idris Garba, Chairman, Senate Committee on Banking, Insurance, and Other Financial Institutions, Senator Abiru Adetokunbo; Director General of the NCAA, Capt. Chris Najomo; Managing Director of Fidelity Bank, Dr. Nneka Onyeali-Ikpe; COO of Air Peace, Toyin Olajide; CEO of XEJet, Emmanuel Iza; Chairman, ValueJet, Kunle Soname and his Managing Director, Capt. Majekodunmi, and Chairman/CEO of Bellagio Air, Dr. Oludare Akande, among other aviation stakeholders.

 

At the meeting, Afreximbank, led by its Director and Global Head of Project and Asset-Based Finance, Helen Brume, agreed in principle to collaborate with Nigeria on aircraft financing. Afreximbank, a 30-year-old development financing institution, has a primary mandate to promote trade across Africa. Highlighting the bank’s extensive experience in supporting airlines such as Arik Air, Kenya Airways, and TAG over the past two decades, Brume emphasized the need for robust aviation infrastructure to enhance the competitiveness of African airlines.

 

To address this, Afreximbank announced plans to launch a leasing subsidiary, which will soon take delivery of 25 aircraft to be leased to African airlines. This initiative aims to provide Nigerian airlines with access to dry-leased aircraft, enabling them to better service Bilateral Air Service Agreement (BASA) routes and domestic operations.

 

Lereece Rose commended the Honourable Minister for his efforts in improving Nigeria’s aviation ecosystem, particularly in raising Nigeria’s Cape Town Convention score from 49.5% to 75.5%. This progress underscores the country’s commitment to creating an enabling environment for aircraft financing and leasing.

 

The Honourable Minister highlighted the critical need for partnerships that would enhance access to aircraft financing for Nigerian operators, facilitating growth and improved service delivery. In response, Afreximbank affirmed its readiness to work with the Nigerian government, signaling a promising future for the country’s aviation industry.

 

A committee has been established to follow up on the discussions, ensuring that this partnership materializes into actionable solutions for Nigerian airlines.

 

Tunde Moshood

Special Adviser on Media and Communications to the Honourable Minister of Aviation and Aerospace Development

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Lagos broadcast stations decry union violence, 48-hour shutdown

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The management of Lagos State Government-owned broadcast stations has condemned the recent violent actions by striking union members, which disrupted operations and forced the stations off-air for 48 hours.

In a statement issued on Tuesday by the Head of Service, Establishments and Training, Afolabi Ayantayo, it was disclosed that the affected stations—Lagos Television, Radio Lagos/Eko 89.7FM, and Traffic Radio—were attacked on Monday by workers allegedly affiliated with the Nigeria Labour Congress, the Radio, Television, Theatre, and Arts Workers Union, and the Nigeria Union of Journalists.

The statement noted that striking workers reportedly vandalised studio doors, assaulted on-air presenters, switched off transmitters, and severed cables in an attempt to enforce the strike.

“The stations—LTV, Radio Lagos/Eko 89.7FM, and Traffic Radio—were forced off-air for 48 hours by workers who destroyed studio doors and assaulted presenters. They switched off transmitters and severed cables in unprecedented acts of violence, captured on video. Many workers were also whipped for refusing to join the strike, which aimed to pressure the government into placing about 400 workers on the civil service payroll,” the statement read.

Describing the incident as unprecedented, the station managers expressed their disappointment with the unions’ approach.

“Despite the State Government’s open communication channels, the leadership of NLC, RATTAWU, and NUJ chose the path of violence—both in words and actions,” the managers said in the statement.

They further described the strike as not only an attack on the broadcast stations but also a show of disrespect towards state authorities.

“The strike, which the managers have described as an attack and a sign of disrespect for the authorities, has raised doubts about the leadership of the NLC, RATTAWU, and NUJ in Lagos being committed to an amicable resolution of the crisis.”

The statement added that the union leaders have been invited to another meeting scheduled for Wednesday, 15 January 2025, to discuss the issues in dispute.

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