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Buhari inaugurates new airport terminal

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President Muhammadu Buhari on Thursday in Abuja inaugurated the new Terminal at the Nnamdi Azikiwe International Airport, Abuja, in line with his administration’s promise to inaugurate the project before the end of Dec. 2018.

Speaking at the event, Buhari assured that the Federal Government would remain committed to developing Nigeria to regional air transportation hub, thereby assuming its leadership in the aviation sub-sector in Africa.

He recalled that the promise to inaugurate the project was made on Oct. 25 when he inaugurated Port Harcourt International Airport Terminal in Rivers.

“You will recall that on the 25th October, 2018, I commissioned Port Harcourt International Airport Terminal.

“During the event, the Honourable Minister of State (Aviation) stated that the Nnamdi Azikiwe International Airport Terminal, Abuja, would be completed and ready for commissioning before the end of the year.

“Today, that promise has been kept. I wish to commend the Honourable Minister and his team for a job well done.

President Buhari said that with the inauguration of the Terminal, Nigeria was moving towards achieving and meeting global aviation standards in facilitation, passenger processing and service delivery in tandem with international best practices.

“This Administration recognises aviation as a catalyst for economic growth and as such will continue to encourage and support the actualisation of projects that will place Nigerian Airports amongst the best in the world.

“This event today, reflects Government’s deliberate policy to sustain the development of Nigeria’s infrastructure.

“We are gradually closing the infrastructural deficit

President Buhari expressed delight at the progress being made in both the airports and sea ports on the implementation of the Executive Order on the Ease of Doing Business.

He, therefore, challenged government officials manning these gateways at the airports and sea ports to sustain the momentum and ensure travellers in and out of the country have the best of experience as a necessary complement to the ultra-modern terminal.

The president said the Nnamdi Azikiwe International Airport Terminal, Abuja, was the first airport terminal to be connected to rail transport system in the country and in the region.

“This has provided passengers and other airport users with a choice in the mode of transport to and from the city centre.

“I recall taking a ride from the City Metro station to the Airport on the day the rail line was commissioned,’’ he said.

The president commended the efforts of the Federal Ministry of Transportation (Aviation), the Government of the Peoples Republic of China and the China Exim Bank for their financial support and the various roles they played leading to the successful completion of the project.

He particularly lauded the contractor, Messrs CCECC, for delivering the project on time.

In his remarks, the Minister of State, Aviation, Sen. Hadi Sirika, said the new NAIA terminal was the second in the series of airport terminals to be inaugurated from the projects funded by the China-Exim bank loan of 500 million dollars with a counterpart funding of 100 millon dollars from the debt management office.

He said that from political and economic perspectives “this airport is very strategic to Nigeria not only because it is the gateway to the nation’s capital, but also because it the second busiest airport in the country.’’

Sirika said that the airport was also the fastest growing in passenger traffic in West and Central Africa with an average growth rate of eight per cent, while the world’s average growth was 5.8 per cent.

He said that the airport processed 5,709,012 passengers in 2017.

“This volume equals to about 13 times the total number of passengers recorded by Ghana as a country.

“The terminal building you are about to commission Mr President, has annual passenger capacity of 15 million covering a space of approximately 56,000m2.

“It also has the following facilities as well as capabilities – 72 check-in counters, five baggage collection carousels, 28 immigration desks at arrival and 16 at departure, eight security screening points and eight passenger boarding bridges,’’ he said.

Other facilities at the terminal, he said, included walkway to link the FCT metro rail, additional apron for remote parking of aircraft and linkway to domestic wing.

The News Agency of Nigeria (NAN) reports that President Buhari, who inspected the facilities at the terminal, left the airport for Kano on one-day official visit.(NAN)

 

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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