General
Balami Covers Pleasures Magazine’s March/April 2020 Issue
The commercial aviation industry is a highly complex space, where a large number of entities are involved in the delivery of travel products and services, which is sometimes manifested in a single product from a customer perspective.
These actors are often collaborating and partnering to be able to co-deliver value and meet the expectation of customers.
According to International Air Transport Association (IATA) statistics, from the moment passengers search online for an air ticket to the time they arrive at their destination, the airline is just one of around 26 business partners involved in the aviation chain.
Would you board a plane if you know it had very poor maintenance record? Would you put your life in the hands of an airline that uses defective parts for its aircraft?
If you answered no to both questions, then you would appreciate the importance of other players involved, especially the aircraft maintenance industry.
Basically, the safety of air travel relies on the assurance of quality manufacturing of aviation equipment and its maintenance that ensure that complex and sensitive puzzles have to sit perfectly together for the success of each flight that takes place anywhere in the world.
Truth be told, aircraft maintenance, repair, overhaul and modification services have a long history of been seen as a ‘white man profession’ but there seems to be a paradigm shift in the profession with inspirational success stories from Africans who have great passion and love for all the aviation industry.
In fact, it is not out of place to state that with the new crop of top African aircraft talented aircraft engineers with excellent technical knowledge blazing a path forward, it’s been difficult for the industry not to sit up and take note of the shift.
Therefore, to deepen the importance of celebrating Great Success stories in Africa and also correct the wrong impression that whenever the continent is mentioned it is only a prism of war, corruption, disease, poverty, and hunger PLEASURES Magazine presents the theme of the March/April 2020 issue of your deluxe Pan-African Entrepreneurial and Luxury magazine: Paradigm Shift, a special edition to celebrate the success story of Isaac Balami, the founder and Chief Executive Officer of 7 Stars Global Hangar, the first-ever Aircraft Maintenance Repair and Overhauling Facility in the West African sub-region who has also excelled greatly as the President of the National Association of Aircraft Pilots and Engineers.
As earlier mentioned, once a White man’s turf, aircraft maintenance, which encompasses the performance of tasks required to ensure the continuing airworthiness of an aircraft or aircraft part, including overhaul, inspection, replacement, defect rectification, and the embodiment of modifications, compliance with airworthiness directives and repair.
Balami, who once worked as a painter and soak-away evacuator who is taking the world by storm is proving that this notion has been sent to the oblivion. But of course, it took some grit, guts and a lot of hard work along the way for Balami to get there.
In this exclusive interview with PLEASURES Magazine, the President, National Association of Aircraft Pilots and Engineers (NAAPE) who doubles as the Chief Executive Officer of 7 Stars Global Hangar, Engr Isaac David Balami, speaks with the Publisher, PLEASURES Magazine, Adedotun Babatunde, on his amazing journey from been a suya seller, painter and suck-away evacuator to one of the leading providers of aircraft maintenance, repair, overhaul and modification services in the world.
According to him, ‘’I come from an extremely humble Christian background in Borno state, a state in north-eastern Nigeria. My parents and grandparents were privileged to be Christians, my parents are also pastors. I grew up in a large family, my parents were not doing very well and found it hard to pay for the kind of school I wanted to go to.
“One thing I tell people is this, in life, you must know who you are! God did not bring anybody into this world for no reason, everybody has a reason why he or she is existing. My family named me Isaac because they believed I would bring laughter to the family, community and my generation.
“So, I remain focus though the future was still obscure then. At a very young age, I would do menial jobs like laundry, farming among others to augment the little money my parents had to go to school.
“But today, who would have thought that a mere labourer just 22 years ago could become the national president of the Association of Nigerian Pilots and Engineers? Who would have thought that an ordinary mai suya in the north some years ago could become the past spokesperson of Trade Union Congress of Nigeria? Who would have thought that a filthy and stenchy soak-away evacuator from the North-Eastern part of Nigeria could become the president of Arewa Youth Consultative Forum?
“Who would have thought that a man who could hardly afford a daily meal could cater for over 500 widows and sponsor nearly 500 children in school as a commitment from a foundation he owns? Who would have thought that a helpless man who faced a lot of challenges would be the founder of Nigeria Rebirth Project?” he asked rhetorically.
On what has helped him to become what he is today, Engr Balami averred that the Industry is for the bold and courageous.
He said: “What has helped me is my being bold. It takes a bold person to be able to take up the pressures in the Aviation Industry. It is not for weak people. Growing up you can imagine a young man, sleeping and waking up in the bush, encountering snakes and all sorts.
“Going through that wilderness, going through tough times, sponsoring myself, these are what have shaped me! Aviation is a global business but at the time you would hardly see Nigerians in the various fields in the Aviation industry.
“I was young and inexperienced but I had the drive, passion and commitment to excel and it was my desire for the airline owners to be able to train locals to take up the jobs the white people were doing, not that I was racist but because I believed they can do it.”
Against the threat of being sacked, he said he contest for election to be head of the airline and won by a landslide victory against the incumbent president who was his director at the time.
“I chose between losing my job and winning the election and I made them know that if I lost the election it would be on record that I chose to salvage my people working in this industry at the peril of losing my job.”
On the making of his yet to be launched airline, Engr Balami said “The airline will redefine the aviation industry, and change the entire narrative.
“The plan is if you fly economy class with us, you will be treated as a business class passenger. Currently, we’re bringing in some aircraft that have all been converted to business class. We will be having our VIP lounge therein; we are trying to give people that fly private jets an exquisite experience with us.
“With us, you’re assured of safety and comfort. With God by our side. It’s a one-stop-shop and we’re redefining the entire status quo.”
On what the future holds for 7 Star Global Hangar, Engr Balami averred that in the next three years, the company project to be at the New York Stock Exchange while in the next five years, it will not just be doing Aircraft maintenance but by God’s grace have assembled a team of aeronautical engineers, aircraft maintenance engineers to fly the first made in Nigeria aircraft.
“The Chinese now have made in China Aircrafts. While we are still a consuming nation? We can manufacture aircraft, if from nowhere, a boy from Borno, God can use me today to create jobs in the aviation sector, if as a nobody, God can take me to this height, what that means is that with the current team I have on the ground, with the expertise, the experience will be global exposure. We can salvage the Nigerian Aviation sector,” he said.
On giving back to society through NGO, he said the Isaac Balami foundation a Nigeria Initiative is empowering and uniting people.
According to him, “The night I prayed to God to give me a scholarship was the night I established the Isaac Balami foundation. The moment God gave me a job, I started funding the foundation. The Isaac Balami Foundation is aimed at empowering the less privileged and uniting people.
“We train people to acquire skills, we help the needy with fees among other humanitarian activities. Coming from Borno state, I was raised in the midst of Muslims, I was trained and empowered by Muslims and the Isaac Balami Foundation is working to ensure there is unity, national healing, peaceful coexistence, religious tolerance.
“Today, Nigeria is polarized, so much dichotomy, so much hatred and envy amongst us. When I saw that we are at that level, I had to go beyond the Isaac Balami Foundation for the My Nigeria Initiative to emerge. We wrote to the Presidency and today the First Lady is our National Grand Matron.
“We launched this foundation with several dignitaries and ambassadors from across Nigeria in attendance. We called together 200 youth organizations and held a programme to sign a peace accord after our brothers and sisters from the eastern part of the country were asked to leave the north. Since then, there has been a lot of stability and peace.”
Also featured, in your favourite PLEASURES Magazine is the President of Seychelles, H.E Danny Faure, who believes persistence is important in becoming a leader in your field. A seasoned and experienced politician, President Faure talks to PLEASURES Magazine about how his own experiences and his motivation to improve the lives of the Seychellois people, as well as those around the world. Also, an exclusive on Beech Holdings, owned by one of Manchester’s biggest developers Stephen Beech, PLEASURES Magazine caught up with him to talk about the growth of Manchester and what the future holds for Beech Holdings.
It is also a pleasant read with, Morin O’s Creative Director, Maureen Obaweya, who has been on the cutting edge of making quality leather goods in Africa for over two decades. A look at Century Plaza, a luxury living in the heart of Los Angeles and latest collections from African Luxury fashion brand by Adebayo Jones, the London based fashion Designer and style consultant who have long been associated with glamour, elegance, opulence and style. And as usual, the magazine is incomplete without your usual light stories and other human-interest narratives such as startup success stories of Kator Hule and Olubunmi Crown Gbadewole.
General
FG Declares Holidays for Christmas, New Year Celebrations
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
General
Dangote Refinery Warns Against Artificial Petrol Scarcity
By Modupe Gbadeyanka
Local crude oil refiner, Dangote Petroleum Refinery, has kicked against attempts to put consumers of premium motor spirit (PMS), otherwise known as petrol, under untold hardship in the country.
The company, which commenced nationwide sales of the product at a pump price of N739 per litre across all MRS Oil Nigeria Plc filling stations, appealed to Nigerians to report any of its marketers who sell above this price.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable.
“We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the Lagos-based refinery said in a statement.
It noted that the significant price reduction was part of its mission to deliver affordable fuel to consumers and stabilize the downstream petroleum market.
With over 2,000 MRS stations nationwide, the new pricing is expected to be implemented across all outlets, ensuring that the benefits of this reduction reach consumers nationwide.
Dangote Refinery applauded marketers who have embraced the new pricing regime and urged others to follow suit in the interest of national economic recovery.
“We commend MRS and other marketers who have demonstrated patriotism by reflecting the reduced price at the pump. We call on others to join this effort as a show of support for Nigeria’s economic recovery,” the refinery stated.
Historically, the festive season has been associated with fuel scarcity and sharp price hikes. However, Dangote Refinery has delivered a decisive market intervention—crashing pump prices at a time when Nigerians typically brace for hardship. Backed by a guaranteed daily supply of 50 million litres, this initiative fundamentally alters the supply dynamics during the holiday period.
By refining locally at scale, the refinery is reducing Nigeria’s exposure to volatile global markets, conserving foreign exchange, stabilizing the Naira, and strengthening energy security. This sustained price cut and steady supply are providing relief to households, businesses, and transport operators nationwide.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
“We encourage Nigerians to avoid buying PMS at excessively high prices when they can access locally refined fuel at N739 per litre from over 2,000 MRS stations nationwide. Report any MRS station selling above N739 per litre by calling 0800 123 5264,” the refinery said.
“We also call on other petrol station operators to patronize our products so that the benefits of this price reduction can be passed on to Nigerians across all outlets, ensuring broad-based relief and a more stable downstream market,” it added, reaffirming its commitment to steady supply, price moderation, and energy security, emphasizing that its operations are anchored on long-term national interest rather than short-term market pressures.
“Our objective remains clear: to ensure consistent supply of high-quality petroleum products at affordable prices for Nigerians, while supporting economic stability and reducing dependence on imports,” the refinery concluded.
General
N185bn Gas Debts Clearance to Stabilize Power Sector, Revive Investment—FG
By Adedapo Adesanya
The federal government’s approval of N185 billion as the settlement for long standing debts owed to gas producers in the country has been described as a major boost for Nigeria’s gas industry and power generation value chain.
The decision, endorsed by the National Economic Council (NEC) chaired by Vice President Kashim Shettima, followed the authorisation by President Bola Tinubu and represents one of the most significant fiscal interventions in the energy sector in recent years.
The legacy debts, accumulated over years for gas supplied to power plants, have constrained cash flow for producers, discouraged new investments and reduced gas supply to electricity generation, worsening Nigeria’s chronic power shortages.
Under the approved framework, the debts will be settled through a royalty-offset arrangement, a mechanism expected to ease government liabilities while restoring confidence among domestic and international gas suppliers.
The Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo, described the approval as a turning point for the sector.
“This is a decisive step towards revitalising Nigeria’s gas sector and strengthening its power-generation capacity in a sustainable manner,” Mr Ekpo said, adding that the move aligns with President Tinubu’s commitment to resolving structural bottlenecks in the energy industry.
He noted that clearing the arrears would help rebuild trust between government and gas producers, many of whom had slowed investments due to persistent payment uncertainties.
“Settling these debts is critical to restoring investor confidence, reviving upstream activities and accelerating exploration and production,” Mr Ekpo stated.
According to him, increased gas output would directly translate into improved power generation, helping to address electricity shortages that have long constrained industrial productivity and economic growth.
The gas minister further explained that the intervention supports the Federal Government’s Decade of Gas initiative, which targets unlocking more than 12 billion cubic feet per day of gas supply by 2030.
On his part, the Coordinating Director of the Decade of Gas Secretariat, Mr Ed Ubong, said the decision sends a strong signal to investors across the gas-to-power value chain.
“This approval underlines the Federal Government’s determination to clear legacy liabilities and assure gas producers that supplies to power generation will be honoured,” Mr Ubong said.
He added that the move could unlock stalled projects, revive investor interest and rebuild momentum toward Nigeria’s transition to a gas-driven economy.
The settlement could mark a critical step in stabilising gas supply to power plants, improving electricity reliability and positioning gas as a catalyst for industrialisation and long-term economic growth.
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