Travel/Tourism
Buhari Seeks Investors’ Support to Fund Aviation Infrastructure
By Modupe Gbadeyanka
Both local and international investors have been urged to assist the Federal Government in funding infrastructure in the aviation sector.
President Muhammadu Buhari, speaking at the third International Civil Aviation Organization (ICAO) World Aviation Forum (IWAF/3) in Abuja, submitted that local and international private capitals were the surest way to fund aviation infrastructure.
Represented at the event by the Vice President, Prof. Yemi Osinbajo, the President noted that there was little commitment in financing aviation infrastructure in Africa beyond mere words.
He emphasized that the critical responsibility of all stakeholders is to ensure that the phenomenal growth trajectory of the industry is well managed and regulated for safety and efficiency, taking into account sustainable environment with friendly policies and regulations.
“The key to achieving this objective is collaboration. The African Development Bank (AfDB) is in discussions with us on financing Nigeria’s Integrated Aviation Master Plan which involves building and maintenance and the financing of a private sector led national carrier.
“The conference is timely as it will give room for a thorough engagement of the way forward and as well the practical steps required to ensure that African aviation is not left behind in the growth story of world aviation,” Mr Buhari said at the conference on Tuesday.
Also speaking, Minister of State for Aviation, Mr Hadi Sirika, noted that the theme of the forum, ‘Financing the development of Aviation infrastructure’ was apt, considering the infrastructure deficit facing the aviation sector in most parts of the world.
Mr Sirika, who further said that the deficit was bad on one hand, stated that it also provides opportunity for investment on the other hand.
He further said that Nigeria with its great potential still lacks a strong air carrier, major Maintenance, Repair and Overhaul (MRO) centre, efficient world class airport or even a significant catering company and urged investors to on the brighter side invest in Nigeria as the country has 34 percent Rate of Return on Investment, one of the highest in the world.
He said, “I am glad to inform you that Nigeria has passed ICAO security audit with 96.4 percent while its score in the Universal Safety Oversight Audit was above global average and by far exceeds Abuja ministerial Safety target. Nigeria as a signatory to yamasoukro Decision (YD) is committed to single Africa Air Transport Market (SAATM). I cannot understand how 80 per cent of carriers operating in Africa are non-African. This is unacceptable”.
He further stated that according to the Nigeria Integrated Infrastructure Masterplan (NIMP), $775 billion is required to develop Nigeria’s transportation infrastructure over the next 30 years.
On his part, the ICAO Council President, Dr Olumuyiwa Bernard Aliu, said that financing development of aviation infrastructure was a key global priority, adding that ICAO has reprivatized itself to be a more efficient and value partner to its member states.
He further said that aviation today is by far the safest means of transportation and from global standpoint, modern commercial aircrafts connects some 10 million passengers daily on over 500,000 flights amounting to 3.8 billion passengers and 35 million flights in 2016 and the results are expected to double over the next 15 years.
Travel/Tourism
Verve, Providus Bank Unveil Travel Card for Tourists, Others
By Aduragbemi Omiyale
A travel card designed for tourists, business visitors, Diaspora returnees has been launched by Verve in partnership with Providus Bank.
Known as the ProvidusVerve Travel Card, the Naira-based travel card will allow inbound travellers to enjoy a smooth, secure, and convenient payment experience throughout their stay in Nigeria. It was powered by Verve’s secure.
Created to support the surge of tourists, expatriates, business visitors, conference delegates, and returning diaspora expected during the festive Detty December season, the ProvidusVerve Travel Card enables seamless payments for transportation, hotels, dining, shopping, entertainment, and everyday essentials nationwide.
The card also works on select global merchant platforms that accept Verve, including Netflix, Google Play, and other digital services, ensuring travellers enjoy uninterrupted access to familiar services.
The ProvidusVerve Travel Card eliminates the hassle of sourcing naira or converting foreign currency on arrival. It enables instant, secure transactions, reduces reliance on cash, and supports compliance with the cashless policy of the Central Bank of Nigeria (CBN).
It also mitigates the risks associated with carrying physical cash such as loss, theft, or fraud, offering a safe, regulation-aligned option for both online and in-person payments.
“The ProvidusVerve Travel Card is a timely solution for inbound travellers seeking reliability, security, and simplicity while navigating Nigeria.
“Together with Providus Bank, we have created a product that eliminates the friction traditionally associated with accessing local payments.
“Whether for tourism, business, or festive activities, this card ensures a smooth financial experience from the moment visitors land,” the Vice President for Issuing and Acquiring Management for Africa at Verve International, Mr Paul Ohakim, stated.
On his part, the Divisional Head for Product Management and Solution Delivery at Interswitch, Mr Ademola Adeniran, described the partnership as a reflection of “Verve’s commitment to designing products that respond to real user needs.”
“The ProvidusVerve Travel Card supports everyday experiences — from booking rides and hotels to shopping, streaming, and dining. It provides inbound travellers with a secure, compliant, digital-first way to experience Nigeria without financial barriers,” he added.
Travel/Tourism
FG May Sell Dana Air Assets to Repay Debts
By Adedapo Adesanya
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has disclosed that the federal government may recover and sell the assets of Dana Air to refund passengers and travel agents whose funds remain trapped following the suspension of the airline’s operations.
The Minister disclosed this in Abuja on Tuesday at the Ministry’s fourth quarter stakeholders’ engagement to enhance governance for effective service delivery in aviation.
Speaking at the event themed “leveraging public feedback to drive excellence in aviation services, the Nigeria Civil Aviation Authority (NCAA) will be directed to probe why funds trapped by the airline are yet to be refunded.
He revealed that the authority suspended the operations of the airline as a matter of choice between safety and disaster.
“For Dana, the problem is that it was a choice between safety and disaster. So we didn’t take the commercial thing as priority. The priority was safety, and we all looked at the damning reports that we had met on the table.
“It was a decision of the NCAA to suspend them, but I pushed them to say, look, these are the reports we are seeing on the table about safety record, about lack of standards that put the lives of Nigerians at risk. If they continue flying, I don’t know whether most of us will be here. Many of us would have been victims of one of those flights. God forbid.”
According to him, “I have asked Najomo (NCAA director general) to dig deep to find out how those passengers and agents will be refunded. He has to dig deep on that.
“One solution will also be that if that same individual or those entities are trying to come back to aviation under any guise, whether to go and register a new AOC or use any business within the aviation sector, they have to go and settle their debts first.
“We should look at their assets. There are assets that are still available. Let them sell their assets. Let’s cannibalize their revenue and pay people. Let’s find a way to go after their assets and get money to pay Nigerians who are owed.
“NCAA should do that because they can’t get away with it.”
Travel/Tourism
NCAA Slams N5m Consumer Protection Infraction Fine on Qatar Airways
By Adedapo Adesanya
The Nigerian Civil Aviation Authority (NCAA) said it has imposed a N5 million penalty on Qatar Airways for consumer protection violations.
The announcement was made on Wednesday by the NCAA’s Director of Public Affairs & Consumer Protection, Mr Michael Achimugu, on X, adding that there may be other sanctions depending on how the airline treats other cases.
“Glad to announce that, today, the NCAA has sanctioned @qatarairways to the tune of five million naira being penalty for consumer protection-related infractions. In addition, the letters of investigation (LOI) written to the airline over other cases may lead to further sanctions if not treated satisfactorily,” Mr Achimugu wrote.
The fine followed an incident when a Nigerian passenger was accused by a Qatar Airways cabin crew member of sexual harassment during boarding in Lagos for a flight to the United States via Doha, Qatar.
The allegation was only reported in Doha, where the passenger was arrested, detained for 18 hours, fined, and compelled to sign a document written solely in Arabic.
Qatar Airways allegedly refused to continue his journey, forcing him to purchase another ticket at considerable financial and reputational cost.
The NCAA said it invited Qatar Airways’ country manager to a meeting over the incident, but he failed to attend, sending subordinates instead.
“I understand that some countries do not have advanced aviation consumer protection regulations like Nigeria does. In certain cases, some countries don’t even have any. This creates a situation where airlines operating out of those countries (mostly national carriers) act with disdain towards consumer protection enforcement in Nigeria.
“This is not a situation that we would accept here. It is against the law for ANY Airlines not to respond to the NCAA. It is against the law to provide false information to the NCAA. It is against the law to fail to comply with the provisions of Part 19 of the NCAA Regulations 2023,” Mr Achimugu said in an earlier post.
In September, the NCAA accused Qatar Airways of mistreating Nigerian passengers and failing to comply with consumer protection regulations under Part 19 of the NCAA Regulations 2023.
The regulator then threatened stiff penalties against the airline for repeatedly disregarding its directives.
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