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Nigeria Airways Pensioners: Unions Threaten to Frustrate Nigeria Air

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Nigeria Air National Carrier

The Punch

The National Executive Council of the Air Transport Services Senior Staff Association of Nigeria has threatened to shut down activities at airports across the country, if the Federal Government fails to settle all labour issues including payment of the defunct Nigeria Airways Limited workers’ severance package before going ahead with the planned establishment of Nigeria Air.

Similarly, the National Union of Air Transport Employees says there will be no national carrier unless the entitlements of the ex-workers of the defunct airline were paid.

ATSSSAN, in a communiqué issued on Monday, following a meeting of its National Executive Council, stated that over 960 Nigeria Airways workers had died in very avoidable health conditions while waiting for their entitlements.

The communiqué, which was signed by the National President, Ahmadu Ilitrus, and Deputy General Secretary, Frances Akinjole, read in part, “NEC-in-session laments the failure of the Federal Government to settle the outstanding entitlements of ex-workers of Nigeria Airways several years after the airline was liquidated.

“NEC appreciates the selfless efforts of President Muhammadu Buhari, who finally gave approval for the payment of N45bn towards the settlement of the entitlements sometimes last year, yet condemns the non-payment as of date, and has resolved that the issue of payment of the severance benefits of ex-Nigeria Airways workers must be resolved immediately in order to forestall brewing labour issues that could affect, in the negative, the prospects of the recently unveiled Nigeria Air by the Federal Government.”

The association warned that if the Federal Government failed to pay the workers their entitlements, it would not guarantee any place for the new airline in the industry.

The General Secretary, NUATE, Olayinka Abioye, told our correspondent that there would be no national carrier if former Nigeria Airways workers’ entitlements were not paid.

“The three unions, NUATE, ATSSSAN and the National Association of Aircraft Pilots and Engineers, are working together to ensure this money is paid to the ex-NAL workers. Three weeks ago, we sent a letter to President Buhari, urging him to look at the issue again because there have been some misconceptions arising from the initial approval given more than one year ago for the payment. As it is, we do not know what is happening but we know there cannot be a national carrier except the money is paid,” he said.

ATSSSAN also threatened to shut down activities at airports across the country, if the Federal Government failed to settle all labour issues before going ahead with the planned concession of airports.

It added that the concession of four airports – the Murtala Muhammed International Airport, Lagos, Nnamdi Azikwe International Airport Abuja, Port Harcourt Airport and Aminu Kano Airport, Kano – operated by the Federal Airports Authority of Nigeria would cripple the agency as they were major revenue earners.

It stated, “The ATSSSAN NEC fears that if the government succeeds with the concession of the airports, the entire operations of FAAN will collapse, as all other airports operated by FAAN are maintained or supplemented with revenue generated from the four referenced airports.

“FAAN has huge pension liabilities and will not be able to settle its pension obligations to retirees; safety at our airports will be compromised; and salaries of the over 6,900 members of staff scattered around the 22 airports presently managed by FAAN would be compromised.”

The association said the concession would also lead to high airports charges in the affected airports which would affect airlines, and by direct implication, result in high air ticket prices.

It advised the Federal Government to look at other successful models of managing airports such as those that had been done in South Africa, Egypt, Namibia, Ghana and other civil aviation jurisdictions around the world.

“The NEC, therefore, mandated the leadership of ATSSSAN to keep vigil and that perhaps the government insists on the concession of the airports as planned, ATSSSAN must insist that all labour issues including workers’ entitlements and pension rights are settled by the government; failing which ATSSSAN shall not guarantee industry peace at our airports,” it added.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Interest for Trump’s $5m Golden Visa Dwindles

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US golden visa

The latest analysis from Astons reveals that online search interest in Donald Trump’s US Gold Card has rapidly dwindled in the days following the President’s announcement, while interest in European Golden Visa programmes has remained steadfast.

The US President has announced plans to introduce a “Gold Card” visa scheme through which he hopes wealthy foreigners will invest at least $5m in the US economy in exchange for what Trump calls “Green Card privileges“.

Astons has analysed global Google search trend data* for terms related to Golden Visas in the days and weeks following Trump’s announcement and found that while there was an initial flurry in search interest, this quickly dwindled. And even at its peak,  it never surpassed the interest garnered by the Golden Visa programmes offered by Spain and Greece.

In the 10 days immediately following Trump’s Gold Card announcement, the online search interest score for the term ‘US golden visa’ averaged out at 27.90. Meanwhile, the term ‘US gold card’ scored 24.10, while ‘Trump golden visa’ scored 22.20.

During the same time frame, search interest in European Golden Visas was significantly stronger. ‘Spain golden visa’ scored 38.90, while interest in ‘Greece golden visa’ was scored at 36.50.

However, after this initial 10 days following the announcement, interest in Trump’s offering rapidly decline, as during the subsequent 10-day period,  search interest in ‘US gold card’ fell by -82.6%, interest in ‘Trump golden visa’ fell by -76.1%, and interest in ‘US golden visa’ fell by -55.6%.

At the same time, interest in European golden visa programmes remained steadfast.

In fact, interest in ‘Greece golden visa’ increased by +1.1%, while interest in ‘Spain golden visa’ remained unchanged at 38.90.

Astons Business Development Director and Head of Astons Cyprus Office, Denis Kravchenko, commented:

“Donald Trump’s plan to introduce what is essentially a residency by investment program that, apparently, provides a quick path for citizenship to the US has understandably generated a surge in interest and speculation. But the $5m price tag is likely going to be far too high to result in a large enough level of uptake for it to reduce the US’s national debt as it is intended to do.

It is also possible that this new programme could become more popular than America’s existing EB-5 visa programme which already offers green cards to those who are willing to invest between $800,000–$1m into the US economy, so doubts around investors now being willing to pay a substantially higher price for residency are well-founded.

Should Trump decide to scrap the EB-5, one of the world’s oldest residency by investment programmes having been introduced by President George H. W. Bush under the Immigration Act of 1990, it will be all the more surprising given that 2024 saw 5,000 applications for the programme, marking an annual uplift of 85%.

It remains unclear whether Trump’s program will offer any substantial advantages—such as expedited processing – currently, the EB-5 path to a green card takes between one and ten years depending on nationality with the absence of stringent background checks—to motivate investors to commit more funds.

Trump may face further challenges due to there being other countries in the world that offer far more accessible programmes. Investors can, for example, qualify for Maltese citizenship through exceptional naturalisation for an investment of around 1 million euros, for which an investor can obtain citizenship to an EU member state in an average of 1.5 years without the need for permanent relocation.

Then there are the multitude of European Golden Visa programmes that are also far more budget-friendly than Trump’s new initiative. Hungary launched a new residency program in summer 2024, requiring a minimum investment of at least 250,000 euros,  and Portugal’s offer starts at a minimum investment of 500,000 euros.

However, it’s Greece’s Golden Visa opportunities that are proving most popular of all,

Despite the entry investment threshold recently being raised, it is still possible to obtain residency by purchasing property for just 250,000 euros. Somewhat ironically, it’s young Americans who are driving the recent surge in demand for Greek Golden Visas which, in 2024, set a record, issuing 17,194 visas (based on 11 months of data).”

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Airbus Showcases Hydrogen Aircraft Technologies

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Airbus customer support centre

By Aduragbemi Omiyale

Airbus has provided an update on its roadmap to pioneer the future of commercial aviation in the decades to come, outlining plans to prepare a next-generation single-aisle aircraft that could enter service in the second half of the 2030s, as well as its revised ZEROe project roadmap to mature the technologies associated with hydrogen-powered flight.

This was at the 2025 Airbus Summit, where the firm reconfirmed its commitment to bringing to market a commercially viable hydrogen aircraft and presented some of the key technology building blocks that will enable the advent of a fully electric, fuel-cell powered commercial aircraft – a pathway which stands out as the most promising, following years of research into hydrogen aviation.

These technologies were notably showcased as part of a new, notional concept of a hydrogen aircraft powered by four, 2-megawatt electric propulsion engines, each driven by a fuel cell system that converts hydrogen and oxygen into electrical energy.

The four fuel cell systems would be supplied via two liquid hydrogen tanks. This concept will continue to be refined over the coming years as additional tests will help mature the technologies associated with hydrogen storage and distribution, as well as with the propulsion systems.

In 2023, Airbus successfully demonstrated a 1.2MW hydrogen-propulsion system, and in 2024, end-to-end testing of an integrated fuel cell stack, electric motors, gearboxes, inverters and heat exchangers was completed.

To address liquid hydrogen handling and distribution challenges in flight, Airbus, in collaboration with Air Liquide Advanced Technologies, has developed the Liquid Hydrogen BreadBoard (LH2BB) in Grenoble, France.

Integrated ground testing is planned for 2027 at the Electric Aircraft System Test House in Munich, combining the propulsive bench and hydrogen distribution system for comprehensive system validation.

“Hydrogen is at the heart of our commitment to decarbonise aviation. While we’ve adjusted our roadmap, our dedication to hydrogen-powered flight is unwavering.

“Just as we saw in the automotive sector, fully electric aircraft powered by hydrogen fuel cells have the potential in the longer term to revolutionise air transport for the better, complementing the sustainable aviation fuel pathway,” the Head of Future Programmes at Airbus, Bruno Fichefeux, stated.

“Over the last five years, we have explored multiple hydrogen-propulsion concepts, before down-selecting this fully electric concept. We are confident it could provide the necessary power density for a hydrogen-powered commercial aircraft and could evolve as we mature the technology.

“In the coming years, we will concentrate on advancing the storage, distribution and propulsion systems, while also advocating for the regulatory framework needed to ensure these aircraft can take flight,” the Head of the ZEROe Project at Airbus, Glenn Llewellyn, added.

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Trump Mulls Heavy Travel Ban on 43 Countries, Exempts Nigeria

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map of nigeria

By Adedapo Adesanya

Nigeria was exempted from a provisional list of 43 countries that the United States, under the administration of President Donald Trump, is mulling a new travel ban for their citizens.

Business Post reports that out of the 43 countries, 22 of them are in Africa but Nigeria is so far exempted.

According to reports, the draft list featured 43 countries, divided into three categories of travel restrictions – red, orange, and yellow.

The red category of countries whose citizens would be completely barred from entering the United States includes Afghanistan, Bhutan, Cuba, Iran, Libya, North Korea, Somalia, Sudan, Syria, Venezuela and Yemen.

Another 10 countries in the orange category — Belarus, Eritrea, Haiti, Laos, Myanmar, Pakistan, Russia, Sierra Leone, South Sudan and Turkmenistan — would see their visas sharply restricted.

The New York Times reported that in these cases, affluent business travelers might be allowed to enter, but not people traveling on immigrant or tourist visas.

Citizens from countries on the orange list would also have to undergo in-person interviews to receive a visa.

Another 22 countries on a yellow list would have 60 days to address US concerns or risk being moved up to one of the more stringent categories.

“The officials, who spoke on the condition of anonymity to discuss the sensitive internal deliberations, cautioned that the list had been developed by the State Department several weeks ago, and that changes were likely by the time it reached the White House,” the New York Times said.

This is reminiscent of moves carried out by President Trump in his first stint as president, when he banned some Muslim majority counties like Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen — which ignited international outrage and led to domestic court rulings against it.

Iraq and Sudan were dropped from the list, but in 2018 the Supreme Court upheld a later version of the ban for the other nations — as well as North Korea and Venezuela.

Already, the US President has frozen the US refugee admission programme and almost all foreign aid.

Provisional Ban List 
Red list
Countries whose citizens would be completely barred from entering the United States include:

1. Afghanistan

2. Bhutan.

3. Cuba.

4. Iran

5. Libya

6. North Korea

7. Somalia

8. Sudan

9. Syria

10. Venezuela

11. Yemen

Orange list
Citizens from countries on the orange list would also have to undergo in-person interviews to receive a visa. These countries include:

12. Belarus
13. Eritrea
14. Haiti
15. Laos
16. Myanmar
17. Pakistan
18. Russia
19. Sierra Leone
20. South Sudan
21. Turkmenistan

Yellow List
They would have 60 days to address US concerns or risk being moved up to one of the more stringent categories. The following countries fall into that category:

22. Angola
23. Antigua and Barbuda
24. Benin
25. Burkina Faso
26. Cambodia
27. Cameroon
28. Cape Verde
29. Chad
30. Republic of Congo
31. Democratic Republic of Congo
32. Dominica
33. Equatorial Guinea
34. Gambia
35. Liberia
36. Malawi
37. Mali
38. Mauritania
39. St. Kitts and Nevis
40. St. Lucia
41. São Tomé and Príncipe
42. Vanuatu
43. Zimbabwe.

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