Travel/Tourism
Nigeria Air to Receive 5 of 30 Airplanes December 19
By Dipo Olowookere
Since Nigeria Air was unveiled last week in London as the nation’s new national carrier, there have been controversies over things put in place for the smooth take off of the business, which government said it only has 5 percent stake in.
During the unveiling by the Minister of State for Aviation, Mr Hadi Sirika, it was said talks were still ongoing on getting investors to key into the project.
It was also disclosed that Nigeria Air would require about $308.8 million as preliminary and take-off cost.
Further information revealed that the new will receive the first set of 5 airplanes on Wednesday, December 19, 2018.
According to Mr Dapo Williams, “We will make the investments and follow the business plan through private sector management.
“We intend to get a 30 aircraft market in 5 years. But we will begin with 5 aircrafts on the day of launch. Government would step in to cover the funding gap at the onset and ease out thereafter.”
However, he clarified that, “Government would not get involved in the management of the Nigeria Air.
“The Airline would take advantage of Bilateral Air Service Agreement (BASA) that the country had with over 70 countries. It will also take advantage of the Africa Single Air Transport Market and will be the best player if the government gets it right.”
“The government would bring its contribution to kick-start the Airline. The amount of equity the partners would hold would determine government contribution.
“The start-up cost over the next 3 years is about $300 million, but pre-start-up is $8.8 million. The rest of the investment will be equity injection which will happen in tranches.
“Government will provide financial needed to make it take off, but the National Carrier will be entirely private sector controlled. There will be zero government interference. The government will have to spend the pre-start-up cost like the brand name, the office and other start-up cost.
“It will be a world class airline with domestic, regional and international operations. The airline will provide opportunities for investors at all levels of supply chain,” Mr Williams added.
By Aduragbemi Omiyale
A deal has been sealed between the Enugu State government and the Landmark Group for the transformation of the Nike Lake Resort Hotel.
The company, owned by serial investor, Mr Paul Onwuanibe, will revamp the facility and operate for 35 years on lease.
The Governor of Enugu State, Mr Peter Mbah, expressed optimism that Landmark Group would use the hotel to boost tourism sector of the state.
He explained that his administration decided to work with Mr Onwuanibe’s organisation as part of his commitment to transforming Enugu into a global destination for investment and tourism, noting that Nike Lake Resort remains a key government asset that need efficient management to flourish.
“Nike Lake Resort is not just a hotel; it is a symbol of Enugu’s hospitality and tourism potential.
“This partnership reflects our vision to create an environment that fosters investment, job creation, and economic growth,” Mr Mbah remarked.
The Governor said Nike Lake Resort Hotel could position Enugu as a preferred destination for both domestic and international visitors while boosting the state’s economic development.
On his part, Mr Onwuanibe expressed gratitude for the opportunity to manage the iconic hotel and assured the government of delivering world-class services.
He also emphasized the potential of the hotel to serve as a major tourism hub, creating employment opportunities for the youth and revitalizing Enugu’s tourism sector.
While signing the deal with the Commissioner for Trade and Investment, Mrs Adaora Chukwu, the Landmark Group boss said the initiative should boost the local economy and attract approximately 3 million visitors annually.
Recall that in 2024, the popular beach resort operated by Landmark Group in Lagos was demolished by the federal government to make way for the controversial Lagos to Calabar Coastal Road.
By Modupe Gbadeyanka
To strengthen African trade and diaspora connections, one of the leading airlines in Nigeria, Air Peace, partnered with the Africa Diaspora Investment Network Alliance (ADINA) for its summit held in Ghana on December 27, 2024.
The airline operator said it backed the event to solidify its commitment to fostering stronger ties between Africa and its global diaspora.
The programme facilitated conversations around trade, investment, and economic empowerment, positioning the diaspora as a significant force for Africa’s economic transformation.
At the summit held at the Kempinski Gold Coast City Hotel in Accra, the Head of Sales and Business Development at Air Peace, Mr Davids Odeyemi, emphasized the airline’s mission to connect Africa and its diaspora.
He highlighted Air Peace’s extensive network, which offers seamless travel solutions for diasporans seeking to reconnect with their roots, explore their heritage, and invest in Africa’s burgeoning markets.
Mr Odeyemi also reaffirmed the airline’s role as a driver of intra-African trade, enhancing connectivity to enable the movement of goods, services, and people, thereby creating jobs and fostering economic growth.
Air Peace’s partnership with the ADINA Summit also aligns with its broader commitment to promoting tourism and showcasing Africa’s rich cultural heritage. The airline’s continuous investment in a modern fleet underscores its determination to provide a world-class travel experience, reinforcing its position as a catalyst for African development.
The programme underscored the critical role of diaspora remittances in bolstering local economies, with discussions focusing on the potential of the diaspora to surpass traditional foreign direct investments.
Air Peace, through this partnership, gained access to a high-level network of African and diaspora leaders, creating opportunities to connect with talent, clients, and collaborators while amplifying its branding and marketing initiatives.
By actively participating in the ADINA Summit 2024, Air Peace reaffirmed its dedication to shaping the continent’s future. This partnership exemplifies the airline’s leadership in African aviation and its unwavering commitment to driving progress across the continent. Together with ADINA, Air Peace is helping to unlock Africa’s economic potential and strengthen its global connections.
By Dipo Olowookere
The Enugu Christmas Village has been commissioned by the Minister of Arts, Tourism, Culture, and the Creative Economy, Ms Hanatu Musawa; and the Governor of Enugu State, Mr Peter Mba.
This development officially kicked off the holiday season in the state, giving residents and others from across Nigeria and outside the opportunity to relax in an atmosphere of love, positioning Enugu as a key destination for cultural and holiday tourism.
Facilitated by Omu Resort, a leading tourism promoter in Africa, the Enugu Christmas Village is set to become the heartbeat of holiday celebrations in the state.
The company has already organised a 25-day festival at the village designed to attract residents, visitors, and dignitaries from across the region.
With its vibrant atmosphere and festive attractions, the Enugu Christmas Village boasts an array of attractions such as a waterpark, roller skating, archery, amusement rides, and much more.
At its centre is a breathtaking display of 500,000 Christmas lights, illuminating the village in a magical glow that promises to captivate visitors of all ages.
The festival goes beyond the lights and rides, offering a rich tapestry of events that celebrate the state’s cultural heritage.
Highlights include Afrobeat Concert, Praise Night, Highlife Concert Street Carnival, Cultural Parade and a Grand Fireworks Show.
One of the most anticipated moments is the Santa Street Storm, where over 100 Santa Claus figures riding tricycles will parade through the streets, distributing gifts to orphanages and the less privileged, spreading joy and goodwill.
Running from December 7 to December 31, 2024, the Enugu Christmas Festival is more than just a celebration of the holiday season. It underscores the state’s cultural vibrancy and its potential as a leading tourist destination.
The festival offers a unique opportunity for families and friends to come together, celebrate, and unwind in a festive atmosphere. It is also expected to fosters unity and showcases the rich cultural heritage of Enugu State, while promoting arts, tourism, and community well-being.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN