As management of Bi-Courtney group of companies is unable to pay a N50 billion debt it owed the Asset Management Corporation of Nigeria, AMCON, a Federal High Court in Lagos has ordered Wale Babalakin, a Senior Advocate of Nigeria, SAN, and owner of Bi-Courtney, to hand over the company’s concessionary powers to the asset managers…
Scarcity of Aviation Fuel Halts Air Travels
Due to the shortage of aviation fuel that hit the country this week, local and international flight operators in the country are having a hard time meeting up with their schedules. Jet-A1, commonly known as aviation fuel, has been reportedly scarce in some cities since Monday with Abuja one of the cities seriously affected. The…
All Airports Will Open During WEF- FAAN
The Management of the Federal Airports Authority of Nigeria, FAAN, has announced that the closure of all schools and public offices in Abuja between May 7 and 9, 2014 for the World Economic Forum, WEF, does not affect operations at the Nnamdi Azikiwe International Airport, Abuja and other airports in the country. Yakubu Dati, coordinating…
Ortom Commends Efforts to Transform Enugu Airport
To Samuel Ortom, supervising minister of aviation, the Akanu Ibiam International Airport, Enugu, which is under construction, would be commercially viable after the completion of the renovation exercise. Ortom, who gave the assurance during his inspection tour of the airport to evaluate the stages of completion, explained that prior to the initiation of the project…
