Monday, August 29, 2016
A COMPELLING REASON TO BEHAVE IN NIGERIA
Wednesday, August 24, 2016
Tourism: GETTING DRUNK IN AFRICA IS EASIER THAN EVER
Tuesday, August 23, 2016
EFCC QUIZZES OVER 100 STAFF ON BRIBERY ALLEGATION
The Chairman of Independent National Electoral Commission, Prof. Mahmood Yakubu, said on Monday that more than 100 members of staff of the commission had been quizzed by the Economic and Financial Crimes Commission over bribery allegations during the last general elections.Yakubu stated this in the commission’s bulletin released in Abuja on Monday.
At the end of the investigations, he said those found guilty would be sacked by the commission.
Some Resident Electoral Officers of the commission were alleged to have been bribed by the officials of the Peoples Democratic Party during the 2015 elections.
Also, many electoral officers and others, were said to have been involved in the bribery scandal.
The INEC boss said that all the indicted officers would be shown the way out to serve as a deterrent to others.
He said, “So far, over a 100 staff of INEC had been invited. At a point, we toyed with the idea of speaking to the EFCC to see the weight of evidence they have so that we can take administrative action against our staff, but they are innocent until they are proven guilty.
“They have to be charged to court, but we have taken notice and we have a complete list.”
Though the list of invited staff kept increasing, the INEC boss said the commission was cooperating with the EFCC and that ultimately members of staff who were culpable would “be shown the way out.”
Yakubu, who called for the establishment of the electoral offences commission and tribunal as prescribed by the Justice Mohammed Uwais and Ahmed Lemu Commissions, noted that inconclusive elections were brought about largely by violence.
He added that the only way to stop electoral violence was to put in place a mechanism that would punish offenders, arguing that “there are people who believe that they can do anything and get away with it.”
He said that though inconclusive elections were caused by violence and over-voting, Yakubu observed that they were also compounded by the recent evolution of two strong parties as opposed to the past where he said there was only one mega party and smaller ones.
The INEC boss expressed optimism that following representations made by the commission to the Presidency, the outstanding six National Commissioners and 21 Resident Electoral Commissioners would soon be appointed to replace those whose tenure had lapsed.
source:Punch
Tuesday, August 16, 2016
RUSSIAN WAR PLANES BOMB ISLAMIC STATE IN SYRIA AGAIN
UK Inflation accelerate, as Pound slump
Friday, August 5, 2016
AON URGES GOVERNMENT TO ADDRESS JET FUEL SHORTAGE
The Airline Operators of Nigeria (AON) has called on the Federal Government to as a matter of urgency address the acute shortage of Jet Fuel that the country has been experiencing in recent times.
The call was made by the Chairman of AON Captain Nogie Meggison on the heels of a consistent unavailability of the product in the past week for airlines to conduct their operations thereby leading to 50% delays or cancellation of flights.
“We have been forced to cry out about the perennial problem at this juncture because it continues to put us in a difficult situation to go an extra mile to fulfill our obligations to our esteemed customers in spite of the inconveniences that go with it. However, we are at the mercy of the oil marketers and many times our hands are tied such that we are left with no other option than to cancel flights,” Meggison declared.
Speaking further, the AON Chairman noted that together with the shortage of Jet A-1 the marketers have been increasing the price consistently to an unbearable point. “Till April this year, I bought Jet A1 Fuel for N105 a liter. About a month ago the price jumped to N145. Two weeks later it rose to about N200 a liter. Today the price has skyrocketed above N200 a litre. This has greatly increased our operational cost.
For instance, considering that the cost of fuel accounts for about 40% of the operational cost of most airlines, the colossal rise in price of the product by over 100% has equally increased the operational cost astronomically. In the light of this, our feasibility studies and financial projections are greatly threatened thereby putting the airlines in a dangerous and difficult financial position.
In spite of all this, we can’t increase ticket prices in order not to discourage our dear customersthat have been seriously stretched due to the economic hard time facing them and their disposable income seriously reduced or erased.
For most of them now the alternative means of travel is going by road; our major competitor. It should be put on record however that road transport uses Premium Motor Spirit (PMS) also known as Petrol, which is highly supported or assisted by the Federal government with exchange rate of N285 and available to marketers. Airlines on the other hand don’t have such foreign exchange support or availability from our government with regards to helping to make Jet Fuel available to airlines or at an affordable price.
PMS forex allocation is being given regularly to importers at N285 to the dollar, and the road transporters don’t pay 5% VAT or the Regulatory 5% Ticket Sales Tax or any of the other multiple taxes being charged to the airlines today, where as much as 35% of a total ticket price are taxes and levies.
And apart from the question of no support in fixed rate of jet fuel, government is not making dollar available for the airlines to carry out their operations. To this end therefore, it would seem like the airlines are being undermined.
During a recent visit to the Honorable Minister of State for Aviation, Senator Hadi Sirika, the AON Chairman in the company of a delegation of members called on the Honourable Minister of State for Aviation (HMSA) promised to use his respected office to bear on all those concerned to urgently address the crippling fuel shortage and to come up with a lasting solution, even if it means AON getting forex allocation directly from government to import its own fuel as it is currently being done with PMS.
The Minister assured the delegation of his understanding and promised to look into the matter.“I have mentioned the problem to the GMD of NNPC and there were plans to get the Port Harcourt and Kaduna Refineries on-stream before the end of the 2016 to begin to refine Jet A1 locally so as to make the product more readily available at an affordable price,” Sirika disclosed.
The AON Chairman, Capt. Nogie Meggison therefore appealed for the government to please note that the operations of domestic airlines is one of the main stay and a pivot for any country’s economy as well as a catalyst for recovery of the fragile Nigerian economy. “We are looking forward to the Honourbale Minister of State for Aviation to come up with a quick fix before the Nigerian airlines are pushed or forced out of business,” he submitted.
AON.
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