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Nigerianflightdeck is an online news and magazine platform reporting business stories with a bias for aviation and travel. It is borne out of the intention to inform, educate as well as alter perceptions with balanced reportage.

Transcorp Consortium, House of Reps other picture stories for the week

ON Thursday, Transcorp Consortium acquired the Federal Government Nigeria’s 100% equity in Afam Power Plc/Afam Three Fast Power Limited while earlier House Committee on Aviation met with the Minister Hadi Sirika over his concession plans. Federal Airports Authority of Nigeria (FAAN) had various meetings throughout the week while Accident investigation Bureau (AIB) held a safety symposium while the Nigeria Civil …

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Germany repatriates 32 Nigerians for immigration offences

THIRTY-TWO (32) Nigerians have been repatriated from Germany and have arrived the Murtala Muhammed International Airport (MMIA) Lagos from Dusseldorf Airport today. The deportees, all male arrived the country at 2.30pm on board a chartered aircraft Envelope Airline. Immigration sources say the repatriation was facilitated by the German Embassy and stated that all the male passengers were repatriated for various …

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Transcorp acquires Afam Power for N105.3bn, set to increase electricity access in Nigeria

TRANSCORP Consortium has announced the 100% acquisition of the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”), at an acquisition cost of N105.3bn. The announcement was made at the State House, Abuja on Thursday, November 5, 2020, during the signing ceremony between the Federal Government, represented by His Excellency, the …

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Airport Concession: Former FAAN MDs, Directors tell Reps Nigeria risks invocation of Mezzanine Clause

A group of former Managing Directors and Directors of Federal Airports Authority of Nigeria (FAAN) have identified the Mezzanine Clause in all Chinese sponsored infrastructures stating that any contravention of Agreement with China on the $500m loan for the construction of the new terminal building may lead to the invocation of the clause. The Mezzanine clause in all Chinese sponsored …

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Heritage Bank rewards October 1st winners of ‘pidgin’ National Pledge rendition with N1m

HERITAGE BANK PLC, has rewarded Idowu Ilesanmi (Lagos); Christiana Chukwu (Lagos); Onovo Chukwuebuka (Edo) and Paul Eze (Abuja) the winners of the rendition of the October 1st National Pledge in Pidgin English in celebration of Nigeria’s 60th Independence Anniversary with N250, 000 cash price each. The bank slated an online competition for customers to make videos recitation of them presenting …

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AIB stresses importance of synergy among critical stakeholders in safety symposium

ACCIDENT Investigation Bureau (AIB) has enumerated the importance of cooperation among critical aviation decision makers in the promotion of safety in Nigeria calling for a delineation of roles in aviation emergency to avoid duplication and undue overlap This was part of its 15-point resolution in a communiqué issued at the end of a one-day Nigerian Aviation Workforce Symposium (NAWS) held …

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 Air Peace announces special flight to Delhi November

AIR PEACE has announced a forthcoming special charter flight to Delhi in India and back. The airline made this known in a news release made available to journalists on Tuesday. Air Peace disclosed that the flight is scheduled to depart the Murtala Muhammed International Airport Lagos on November 27 and will return the next day. According to the airline, persons …

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Airports Concession: Reps’ say financial adviser, PDT fall below expectations

AFTER listening to the Minister of Aviation, Senator Hadi Sirika deliver his concession strategy, the House Committee on Aviation led by Honourable Nnolim Nnaji has resolved to set up subcommittee to review the reports of the financial adviser, (FAD) and the project delivery team, (PDT) both of which fell below expectations. The subcommittee is to interface with the Ministry of …

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Concession: Minister says 14.29% FAAN workforce to be transferred to concessionaire

MINISTER of Aviation Senator Hadi Sirika has told the House of Representatives that only 14.29% of the total workforce of the Federal Airports Authority of Nigeria (FAAN) working at the terminal buildings which according to him are the items for concession would be transferred to the would-be concessionaires. Read also: Airports Concession: Reps’ say financial adviser, PDT fall below expectations …

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