General News
Exploiting Economic Potentials of the Nigerian Aviation Industry

The aviation industry is a catalyst for socio-economic development anywhere! It provides the fastest and safest means of transportation of persons and cargo within and between countries thereby promoting commerce and industry, two of the major determinants of the Gross Domestic Product.
Tourism, which today, constitutes the economic mainstay of such countries as UAE and Ethiopian, is given impetus by air transportation.
This perhaps, explains the prominence occupied by Emirates and Ethiopian airlines in the economies of these two countries. And you are tempted to ask, what can any economy do without aviation?
The administration of President Muhammed Buhari has shown, by its recent pronouncements and policies on the aviation industry, that it is ready to exploit the economic potentials of the industry, to stimulate growth in the country’s economy.
In his presentation at the last interactive forum with aviation stakeholders in Abuja, the Minister of State, Aviation, Senator Hadi Sirika, acknowledge that “aviation is pivotal to growth of key economic sectors, certainly not limited to travel and tourism, agricultural production and distribution, rural development, trade and commerce, manufacturing, oil and other non-oil sectors.”
He added that aviation “is that critical tool necessary for economic transformation of any nation. Indeed, the value chain creation by aviation is enormous”.
Simply put, the President Muhammadu Buhari administration is well aware of the economic potentials of the aviation industry, its present challenges and how to adequately tackle these challenges, with a mind to making the best of these potentials in the overall interest of the country.
According to Senator Sirika, “the present administration is focusing on issues that will rapidly develop the aviation sector within the shortest possible time”. He highlighted the challenges of the industry and Government’s response to them. On global and national security threats from terrorism, he said that Government had begun a comprehensive security threat and vulnerability assessment, development of a new security strategy in partnership with international security organization and procurement of modern, state of the art equipment. These are in addition to the commencement of an airport certification programme and manpower capacity development.
Another major policy thrust of this administration is the concession of the four major international airports in Lagos, Port – Harcourt, Abuja and Kano, after infrastructure upgrade to address the recurring challenge of obsolete airport infrastructure and inadequate capacity. This administration is also poised to establish a national carrier in order to gain optimal benefits from BASA/MASA and minimise capital flight, among other things.
The absence of a major maintenance repair and overhaul facility in West and Central Africa which is responsible for high cost of aircraft maintenance for Nigerian airlines has necessitated the setting up of a world class MRO facility that will attract clientele from other parts of the world.
The MRO, when established will further be encouraged to start manufacturing aircraft parts.
The Federal Government will also facilitate the completion of agro-allied and cargo terminals at designated airports across the country. This move is expected to enhance the country’s foreign exchange earnings, apart from discouraging rural-urban migration and encouraging massive rural development.
A major milestone of this administration in the industry is the establishment of an aviation university that would “specifically produce the needed workforce for better efficiency” and curb the absence of high level management staff and research capabilities in the aviation industry.
This Government also intends to establish an Aviation Leasing Company, the first of its type in the country, in order to address the challenges of limited access to capital, high debt profile, inadequate number of aircraft in the fleet of local airlines and high cost of leasing.
Government also intends to establish an Aviation Development Bank to enable industry entrepreneurs get long term funding at reasonable interest rates, among other things.
In that presentation, Senator Sirika also hinted that the Ministry of Transportation was working with the Central Bank of Nigeria, the Ministry of Budget and National Planning and the Ministry of Finance to include local airlines in the priority list of foreign exchange allocation.
He also promised that Government would sustain the policy of granting duty waivers to local airlines for the importation of aircraft and aircraft spares which he said had “contributed immensely to the survival of (local) airlines”.
These policies of the present administration, when fully implemented, have the potential of further unlocking the economic potentials of the country’s aviation industry, making it more “profitable, self-sustaining and beneficial to all stakeholders” according to the Minister.
A sign of what to expect in the industry in future is indicated in the achievements recorded by this administration in the last one year.
The flagship of Nigerian airports, the Murtala Muhammed Airport and Nnamdi Azikiwe International Airport, Abuja passed a recent ICAO security audit with 96 per cent, apart from Nigeria passing the ICAO Universal Safety Oversight Audit. Within this period, operation in the control tower at MAKIA, Kano was automated while bomb containment vessels were provided at the Kano and Port-Harcourt Airports, among other numerous achievements.
Yakubu Dati is the General Manager, Public Affairs, Federal Airports Authority of Nigeria (FAAN) and writes from Lagos
General News
Interswitch Inducts 3rd Interns into Its Developer Academy

Interswitch, an integrated payments and digital commerce company, has announced the induction of the third and largest cohort of developer interns into its Developer Academy, reinforcing its long-standing commitment to building world-class technology talent and strengthening Africa’s digital ecosystem.

Selected from a pool of over 20,000 applications, the new cohort emerged through a rigorous multi-stage process involving technical assessments, and interviews. Their induction into the Developer Academy highlights both the scale of interest in software engineering opportunities in Nigeria and Interswitch’s role in nurturing the next generation of highly skilled technology professionals.
Commenting on the initiative, founder and Group Chief Executive Officer, Interswitch, Mitchell Elegbe, emphasised the importance of taking a long-term, ecosystem-driven approach to talent development.
“At Interswitch, we have always believed in the capacity to see beyond the immediate challenges and focus on long-term impact. While the migration of skilled talent remains a reality, our approach is to actively shape the outcomes by building a strong and sustainable pipeline of technology professionals.
“We are therefore committed to equipping individuals with the capabilities to contribute meaningfully to the broader technology ecosystem, locally and globally, not just for our own needs at Interswitch. In doing so, we are not only strengthening the industry but also reinforcing Nigeria’s position as a source of globally competitive engineering talent,” Elegbe said.
The 9-month programme brings together talents across key engineering tracks, including Backend Development, DevOps, Mobile Development, Frontend Engineering, and Quality Assurance.
Designed as an intensive and structured learning experience, the Developer Academy combines theoretical instruction with real-world application, equipping participants with the skills required to thrive in an increasingly global and competitive technology landscape.
Also commenting, Group Chief Human Resources Officer, Interswitch, Franklin Ali, said: “The Developer Academy reflects our long-term commitment to building talent at scale. We are equipping these young professionals not just with technical skills, but with the mindset, discipline, and adaptability required to thrive in diverse environments.
“Whether they build their careers within Interswitch, contribute to the local ecosystem, or explore global opportunities, they represent the strength and potential of Nigerian talent and carry forward the standard of excellence we are committed to building.”
General News
UK Reaffirms Commitment to Press Freedom, Science Journalism Training for Nigerian Media

United Kingdom has reaffirmed its commitment to supporting press freedom and strengthening science and technology journalism in Nigeria through a media training programme for journalists.

Speaking during the Advancing Press Freedom Through Science and Technology Journalism training organised by the UK Government, British Deputy High Commissioner to Nigeria, Jonny Baxter, said independent journalism remains essential to democratic societies and informed public debate.
Baxter, who hosted the journalists at his residence in Lagos, described the programme as part of the UK’s sustained engagement with Nigerian journalists, academia, and media stakeholders aimed at promoting ethical, evidence-based reporting.
“Strong, independent journalism is essential to democratic societies and informed public debate. That is why we take our relationship with the Nigerian media very seriously,” Baxter said.
He noted that the UK strongly supports freedom of expression and a free press, adding that the training programme was designed to equip Nigerian journalists with tools to interrogate data, challenge misinformation, and accurately communicate scientific and technological issues.
“In an age of rapid technological change, accurate, ethical, and evidence-based reporting has never been more essential,” he said.
Baxter highlighted previous training engagements held for Nigerian journalists in Abuja, Lagos, and the United Kingdom, noting that the latest programme builds on earlier workshops conducted in Portugal and London.
According to him, the initiative also reflects the UK’s commitment to deepening collaboration with Nigerian media professionals while improving public understanding of bilateral priorities such as economic growth, migration, and security cooperation.
He referenced the recent state visit of Nigerian President Bola Ahmed Tinubu to the UK as a major milestone in UK-Nigeria relations, stressing the importance of responsible media coverage during key diplomatic engagements.
“It was important for us to work closely with Nigerian media during the visit to ensure the public received accurate information while also helping hold all parties accountable to the commitments made,” he stated.
A panel discussion held during the event focused on challenges facing journalists in science and technology reporting, including misinformation, disinformation, access to reliable data, digital harassment, source protection, and legal risks.
Panelists noted that journalists face increasing pressure in a fast-paced digital media environment where algorithms often reward virality over factual accuracy.
They urged reporters to prioritise research, fact-checking, and verification while adopting practical digital security measures such as encrypting devices, password protection, and safeguarding confidential sources.
On misinformation and disinformation, panelists encouraged journalists to resist the pressure to publish unverified reports for speed or online traction.
“Don’t always rush to break news without verifying the facts. Trust is built through consistency, research, and cross-checking information,” one panelist advised.
The discussion also addressed concerns around Nigeria’s cyberstalking laws, with legal experts cautioning journalists to ensure all published information is factual, evidence-based, and defensible.
Participants were advised to maintain proper documentation trails, verify all claims, and avoid reliance on hearsay or unconfirmed digital content.
The training, organised in partnership with the School of Media and Communication, Pan-Atlantic University, is part of ongoing UK-backed efforts to strengthen journalism standards and media freedom in Nigeria.
Baxter encouraged participants to actively engage in the sessions and continue championing accountability journalism.
“Thank you for the work you do every day and for your commitment to advancing press freedom in Nigeria,” he said.
General News
FG Says It May Reject World Bank Loans over Delays

Dr Shamseldeen Ogunjimi, accountant-general of the federation, has warned that the federal government may reject loan facilities from the World Bank if delays in approval and disbursement persist, saying prolonged timelines could undermine the country’s willingness to proceed with such arrangements.

The warning was contained in a press statement issued on Friday by Bawa Mokwa, director of press and public relations at the office of the accountant-general of the federation.
Ogunjimi, who spoke in Abuja during a courtesy visit by a World Bank delegation led by Mrs Treed Lane, stressed that Nigeria expects timely processing of funding requests, given that the facilities are loans and not grants.
He said, “If approvals take more than six months, the Nigerian Government may no longer honour such arrangements,” highlighting concerns over bureaucratic delays in accessing development financing.
The AGF noted that as a responsible borrower, Nigeria should not be subjected to prolonged approval processes that could affect project execution timelines and broader development objectives.
He therefore urged the World Bank to “expedite the approval and disbursement of project funds to Nigeria” to support the country’s priorities.
Ogunjimi emphasised that the loans carry repayment obligations, making it imperative that disbursement processes align with project schedules and fiscal planning frameworks.
He further disclosed that the Office of the Accountant-General of the Federation had begun addressing key issues raised earlier by the World Bank, particularly in public financial management and audit reporting.
According to him, the 2023 Audit Report would be submitted to the Office of the Auditor-General for the Federation within two weeks, while work on the 2024 and 2025 audit reports was already underway.
The AGF also assured the delegation that steps were being taken to resolve concerns around the digitalisation of the Government Integrated Financial Management Information System, noting that obsolete infrastructure was being replaced with modern technology to improve efficiency and service delivery.
He said the reforms were part of broader efforts to strengthen transparency, accountability, and the overall public financial management system in Nigeria.
Earlier in her remarks, the World Bank delegation leader, congratulated Ogunjimi on his recent appointment as African chairman of the Association of Accountants-General.
Lane also urged the Office of the Accountant-General to sustain its digitalisation drive and ensure the timely presentation of financial statements to the Auditor-General, noting that such measures were critical to achieving seamless public financial management processes.
The World Bank earlier explained why about six loans worth $2bn, signed for Nigeria in 2024, are yet to be disbursed nearly a year after the bank’s approval.
This came amid recent reports that the World Bank approved a total of $8.40bn (N12.89tn) in fresh loans to the country over the past two years, based on data from the bank’s official website.
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