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Saturday, 28 May 2016

Is this fashion?????



BRITISH AIRWAYS TO EXIT NIGERIA



British Airways is evaluating its routes to Nigeria, adding to aviation industry pressure on the Federal Government as sister carrier, Iberia, and United States competitor, United Airlines, halt flights to the country as traffic stutters and currency controls delay access to revenue.

The United Kingdom carrier is struggling to repatriate its share of the $575m that Nigeria currently owes to airlines globally from tickets sold, according to the Country Manager for British Airways and Iberia in Nigeria, Mr. Kola Olayinka.

Spanish carrier, Iberia, had on May 12, 2016 halted flights to Lagos “due to very difficult operating circumstances and dwindling passenger numbers,” he said in an e-mailed response to questions.

The International Air Transport Association Chief Executive Officer, Mr. Tony Tyler, met with Vice President Yemi Osinbajo earlier in the week over the matter, Bloombergreported.

In a statement on Wednesday, IATA warned that Lagos could lose its status as a hub to West Africa. United Airlines informed employees on Wednesday that it would end flights from the US to Nigeria on June 30 because of a lack of demand and difficulty in collecting payments.

The Chief Executive Officer, IAG, the parent company for British Airways and Iberia, Mr. Willie Walsh, said last month that Iberia would stop serving Lagos after the low price of oil caused Nigeria’s economy to contract for the first time since 2004 in the first quarter.

Limits on dollar repatriation have been imposed by the Central Bank of Nigeria as reserves slip to $26.5bn, the lowest in more than a decade, from more than $30bn in early 2015.

“Exiting Nigeria is a very big decision” and “not taken lightly” following London-based British Airways’ 80 years of operations in the country, Olayinka said. “I believe very strongly that we will keep evaluating the situation, but I can assure you, BA is very committed to Nigeria.”

The government is assessing the situation, while the CBN Governor, Mr. Godwin Emefiele, has suggested a flexible exchange rate regime that would end the naira’s peg to the US dollar, Olayinka said.

The IAG is awaiting details of the policy “so that we can start the process of rebuilding,” he said.

Punchng

Tuesday, 24 May 2016

OONIRISA HAIL GOVERNOR AREGBESOLA AT 59

On behalf of the Obas, Chiefs and entire good people of  Ife kingdom, The Ooni of Ife, His Imperial Majesty Ooni Adeyeye Enitan Ogunwusi heartily felicitates with the Progressive Governor of the progressive State of Osun His Excellency Ogbeni Rauf Adesoji Aregbesola on his 59th birthday.


Ogbeni as popularly called undoubtedly deserves to be celebrated by all for he has spent the larger part of his life selflessly serving the masses either as thorough activism that cut across student unionism, civil society, labour and Yoruba self determination or as a public servant with a heart of Godliness. His involvement in the struggle to return Nigeria to the democratic rule in the 1990s  driven by his passion for the socio-economic and political emancipation of the poor can never be forgotten.

May the Almighty OLODUMARE give this dogged fighter, a lover of the masses very upright, discipline and honest manager of Public resources good health, long life and a plenitude of fulfillments.

Igba odun odun kan!

Afon a gbo ko to wo!


Signed:

Comrade Moses Olafare,

Director of Media and Public Affairs,

Ooni’s Palace

Senator Iyiola Omisore Declared Wanted By EFCC Nigeria!

The former governor of Osun State, Senator Iyiola Omisore has been declared wanted by the Economic and Financial Crimes Commission (EFCC).



This is in relation to an alleged N700m received by the ex-Governor from former National Security Adviser, Col. Sambo Dasuki.

The EFCC on their facebook page declared Omisore wanted stating that he has been elusive and also refused to report to the Commission after a friendly invitation was extended to him on April 7, 2016.

He instead went to a high court and demanded the enforcement of his human rights. Consequently, Justice Husseini Baba Yusuf ordered that Omisore was not to be arrested except through due legal process.


Read more at http://www.herald.ng

#TiwaSavage Jets Off With Son!


Tiwa Savage the pop singer shared a picture on Instagram of herself and her son Jamil flying in style to Dubai. Father Teebillz was not in the flight plan! Hope she got a letter of consent to travel with the
boy from Teebillz.