General News
Airlines Rake in N304Bn from Tickets Sales in 2013

Both the foreign and domestic airlines with flying routes in Nigeria, in 2013, sold tickets worth N304 billion. And while the domestic airlines sold tickets worth N73 billion, on the other hand, the foreign airlines sold tickets worth 231 billion in the same year.
The domestic airlines were able to ferry 5 million passengers across Nigeria in 2013.
Capt. Usman Mukhtar, director general, Nigerian Civil Aviation Authority (NCAA) disclosed these while delivering a keynote address at the 20th Annual League Of Airport And Aviation Correspondents (LAAC) seminar in Lagos.
On the West Coast route, he said, 277,000 passengers were moved. In Intra – African route 437,000 passengers and on the Intercontinental route 1.4 million passengers were airlifted.
“All these were achieved with the domestic airlines operating a total of 63,000 frequencies across the country. On the West Coast there were 4000 frequencies, Intra – Africa 4000, Intercontinental 7300 frequencies.
He said that in recognition of the increase in the volume of passengers, the Directorate of Consumer Protection (DCP) has intensified efforts to process complaints and ensure comfort of air travellers.
According to him, Nigeria has therefore become an attractive destination for foreign airlines and ceaseless application for additional frequencies.
“At present Nigeria has Bilateral Air Services Agreement (BASA) with 78 countries. However, some of these are not being utilised. In order to strengthen and widen our BASA with existing and new countries, Nigerian delegates will be attending an ICAO Air Services Negotiation Conference (ICAN 2014) from 17th – 21st November 2014 at Bali, Indonesia.
“As in the past, the ICAN Conference will provide States with a central meeting place to conduct multiple bilateral (regional or plurilateral) air services negotiations or consultations. It will offer participants excellent networking opportunities.
You can now agree with me that the Nigerian Civil Aviation Authority through its robust regulation has been able to drive aviation to a very high pedestal of “development. The traffic will definitely continue to increase.
Earlier, he noted that in terms of policy thrust, especially from the regulatory perspective it is within NCAA’s framework to propound policy guidelines to drive aviation activities in Nigeria. All these policies fall under our instruments of regulation.
Nigeria is a member of the International Civil Aviation Organisation (ICAO) and therefore a substantial part of our regulatory instruments and policies are derivable for ICAO Annexes and documents.
In addition to these, the Nigerian Civil Aviation Regulations (NCARs), other legislations and conventions in line with the standard and recommended practices are used to provide regulation in the industry.
Enforcement and Sanctions are definitive recourse when there is a violation.
With these capacities, the DG said that NCAA has over the years been able to acquaint itself creditably with effective and efficient regulation of the aviation industry. A major testimony is the attainment and retention of FAA IASA Cat 1.
“In the ICAO Audit conducted in a few years back, Nigeria scored very high marks. There is an impending ICAO Audit again and I am sure no one is losing sleep over that as the Authority has proven to be equal to the task.
“The global average of compliance to ICAO Safety Oversight Audit is 60 per cent. All members have subsequently agreed that all African states should strive to attain 60 per cent by the year 2017.Let me just intimate you with the strategic objectives of the imminent ICAO audit.
“This is to achieve excellence in Safety, Air Navigation Capacity and efficiency, Security and Facilitation, Economic Development of Air Transportation and Environmental Protection. However, the date is yet to be communicated to us.
“NCAA has continuously strengthened its regulations by periodical review and training of personnel. This is why our staff can comfortably excel anywhere in the world. We have Certified ICAO Inspectors in our ranks. We have been able to restore confidence in the air transport operations despite occasional mishaps,” he said.
According to the International Airlines Transport Association (IATA), in the last few years Africa has contributed over 7 per cent to the world traffic. In Nigeria, almost all major cities have been interconnected by air link.
NCAA has recently given Operational Permits to Bernin Kebbi, Jigawa (Dutse) and Bauchi International Airports. These airports were able to airlift pilgrims for Hajj this year.
Mukhtar said, “It is instructive to note that due to the upsurge in number of passengers in Nigeria, NCAA has keyed into a new ICAO methodology designed to accommodate the increase in traffic worldwide. This led to the formation of Aviation Safety Block Upgrade (ASBU) Committee in Nigeria.
“The Regulatory Authority has evaluated and granted approval for Airports Security Program (ASP) at majority of the airports. Others are undergoing assessment for approval. This is expedient in the face of global security challenges”.
He also urged aviation stakeholders in the country to continue to partner with the Authority for greater efficiency.
General News
Appeal Court Nullifies Registration of ‘KPMG Professional Services’

The court of appeal in Lagos has asked the Corporate Affairs Commission (CAC) to revoke the certificate of registration of “KPMG Professional Services”.
In a unanimous decision delivered on Thursday, the appellant court granted the reliefs sought by KPMG Nigeria against CAC and KPMG Professional Services.
The judgment was read by Abdullahi Mahmud Bayero, the judge.
The two other judges are Abimbola Obaseki-Adejumo and A.M. Talba.
In 2002, KPMG Professional Services was registered as a company with CAC despite the existence of KPMG Nigeria, comprising its audit, tax, and consulting arms.
The KPMG Nigeria has long been registered in Nigeria before 2002.
KPMG Audit was registered in 1969, KPMG Tax Consultants in 1990, and KPMG Consulting in 1969.
Displeased with the registration of KPMG Professional Services, KPMG Nigeria approached the federal high court.
The consulting firm had argued that the name “KPMG Professional Services” was deceptively similar to its long-established identity.
In 2005, the lower court dismissed KPMG Nigeria’s case, citing an alleged merger between KPMG Nigeria and Akintola Williams Deloitte as reason the company could no longer assert rights to the name.
The lower upheld the second respondent’s (KPMG Professional Services) counterclaim and ordered that KPMG Nigeria’s name be struck off the CAC register.
The lower court had premised its decision on newspaper articles stating that KPMG Nigeria reportedly merged with Akintola Williams Deloitte.
Delivering the judgment, Bayero ruled that the lower court erred by relying on newspaper articles to ascertain that KPMG Nigeria allegedly merged with another company.
The judge said the documents showing the alleged merger were not presented before the lower court, and the form of the alleged merger could not have been known.
“In any event, the only branch of KPMG, if any, that entered into a merger with Akintola Williams as stated in the newspaper articles 18, is KPMG Audit,” the judge ruled.
“The other spheres were totally unaffected. It would therefore be wrong to state that the merger (which has not been shown to this Court) of KPMG Audit with Akintola Williams means all the other areas of business, including KPMG Consulting and KPMG Tax Consultants, also ceased to exist.
“Even if the Appellants (KPMG Nigeria) had ceased to do business as the Court seemed to have held, the 2nd Respondents (KPMG Professional Services) should not have been carrying on business until the Appellant’s certificate of registration is withdrawn or set aside.
“They cannot use the name until the Appellant’s certification of registration is withdrawn or set aside. They cannot use the name until the name is removed from the 1st Respondent’s (CAC) Register of Names.
“The 1st Respondents can only assign the name to the 2nd Respondents after first taking it away from the Appellants.”
The court ruled that CAC erred by registering KPMG Professional Services despite the existence of a business name, which is already registered.
The judge reversed the earlier ruling of the lower court and reaffirmed the primacy of statutory protection for existing business names under Nigerian corporate law.
General News
Air Peace Launches Abuja–London Heathrow, Gatwick flights October 26

Air Peace has announced the launch of direct flights from Abuja to London Heathrow and Gatwick airports, with operations scheduled to begin on October 26, 2025.
The airline said in a statement on Sunday that round-trip fares for the Abuja–London service will start from N1m, making it the first Nigerian carrier to offer direct connections from the capital to both of London’s major international airports. This was contained in a press release issued on Sunday by the airline’s spokesperson, Efe Osifo-Whiskey.
“Direct international flight services from Abuja to both London Heathrow and London Gatwick Airports, effective October 26, 2025.
“Air Peace becomes the first Nigerian carrier to offer direct services from Abuja to both of London’s major international airports, further solidifying its role as a leader in regional and intercontinental aviation.
“Travellers originating from any of Air Peace’s domestic destinations across Nigeria can now book through fares via Abuja to either Heathrow or Gatwick using a single ticket, eliminating the need for multiple bookings or baggage re-checks,” the statement read.
Similarly, the new route opens convenient access for inbound passengers from the UK to cities across Nigeria.
“Travellers from London can access multiple destinations across Nigeria using a single Air Peace ticket through Abuja every morning. These destinations are Lagos, Port Harcourt, Enugu, Benin, Warri, Owerri, Kano, Yola, Gombe and Asaba, for now. Other destinations will be added later,” Osifo-Whiskey stated.
Air Peace is also offering what it describes as unprecedented value in pricing and service.
Osifo-Whiskey said, “It provides a distinct competitive advantage, enabling passengers to travel between Nigeria and the United Kingdom with greater ease, efficiency, and value, due to the possibility of choosing multiple cities entry and exit points.
“Has the cheapest fares ever, starting from only 1 Million Naira round trip. Huge baggage allowance.”
The Abuja–London launch comes months after the airline began Lagos–London Heathrow flights, which started earlier in 2024.
General News
Prateek Suri CEO Maser Meets Zambia’s Education Minister to Propel Student Housing and Education Projects

Prateek Suri, CEO of MASER and recognized as the richest Indian entrepreneur in Africa, was welcomed this week by Zambia’s Education Minister, Hon. Douglas Munsaka Syakalima, for a high-level meeting in Lusaka that focused on student housing and broader education infrastructure initiatives.
The meeting, held at the Ministry of Education’s offices, opened with warm greetings and a presentation by Mr Suri detailing Maser’s plans to support Zambia’s rapidly scaling education sector. Suri, who led Maser to become Africa’s seventh unicorn, emphasized the company’s commitment to infrastructure that benefits students, educators, and communities across the continent.
Minister Syakalima underscored the urgency of addressing Zambia’s student accommodation gap, citing the country’s expanding net enrollment and the need for safe, affordable housing for tertiary students. Under his leadership, the Government has embarked on a bold infrastructure agenda: over 82 secondary schools already completed, 46 set to be finished in 2025, and 120 new institutions under construction, alongside 169 ECE hubs and 145 satellite centers to reach underserved areas.
During the meeting, Suri shared Maser’s vision for modern student housing built through public–private partnership models. He outlined a multi‑phase plan utilizing sustainable building design, digital infrastructure, and vocational training facilities integrated into these campuses. “Zambia’s youth deserve world-class learning environments,” Suri remarked. “Maser is prepared to leverage its experience to co-create impactful educational infrastructure.”
Minister Syakalima responded positively, stating, “We welcome the opportunity to collaborate with Maser. The CEO’s entrepreneurial success and the company’s commitment to Africa’s education development are exactly the kind of partnership we need to scale our infrastructure goals.”
Beyond housing, the dialogue extended to opportunities in blended learning, vocational skills, rural outreach, and digital inclusion. With Zambia implementing its forward‑looking 2023 Education Curriculum this year—including early childhood, primary, and Form 1 levels—the minister highlighted the need for supporting infrastructure at all levels to enable effective rollout.
Under Minister Syakalima’s tenure, the education sector has seen notable progress: 4,200 new teachers hired recently, bringing the total teacher workforce to over 40,000 in three years; strengthened focus on foundational learning via teacher training programmes like the “Catch Up Programme”; and ambitious expansion of school infrastructure across Zambia’s provinces.
Maser, co‑founded by Prateek Suri, transformed from an African startup in consumer electeonics and large infrastructure projects into a multi‑sector unicorn operating in real estate, renewable energy, mining and education technology. Its rapid rise and African focus have made Suri a leading figure in bolstering India–Africa economic relations.
As the richest Indian in Africa, Prateek Suri’s influence spans beyond business success—it represents growing bilateral investment aimed at credible, sustainable societal impact. His partnership with Zambia’s Ministry of Education signals a new era of cross-border collaboration in education infrastructure.
With both parties committing to inclusive planning and scalable implementation, the Maser‑Zambia dialogue could mark the beginning of transformative initiatives: from affordable student housing to cutting‑edge learning facilities, vocational training hubs, and digital classrooms.
In closing remarks on the significance of this dialogue, Suri stated, “Education infrastructure is the foundation for future growth. Our partnership with Minister Syakalima and the Government of Zambia is a testament to collective investment in youth, equity, and sustainable development.” Minister Syakalima echoed this optimism, saying that with strategic public–private investment, Zambia’s education sector is poised for a significant elevation.
This meeting lays the groundwork for collaboration that bridges government strategy and corporate innovation—ultimately aiming to empower Zambia’s students and accelerate national development.
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