By Emmanuel Addeh
The Chairman of Air Peace, Mr Allen Onyema has revealed that it costs $3 million or over N1 billion to carry out a Maintenance, Repairs and Overhaul (MRO) on a single commercial plane outside the country.
Speaking on Arise News Channel, THISDAY’s broadcast arm, Onyema stated that it was challenging having to spend such a huge amount with the current foreign exchange issues, positing that the Covid-19 pandemic has made the situation even worse.
The businessman stated that it was laudable that Aero had to set up a maintenance facility, noting that the company has to get its act together in terms of curbing service disruptions due to issues like unionism. According to him, such a facility ought to be running seven days a week.
Ijeoma Nwaogwugwu
BEHIND THE FIGURES By Ijeoma Nwogwugwu
Representation of women in the top echelon of media organisations is still relatively low. The Managing Director of Arise TV is one of the few women in journalism who has effectively shown their worth over the years. Nwaogwugwu was one of the pioneer staff of THISDAY Newspapers before climbing the rungs to become the paperâs executive editor. During her tenure, she demonstrated profound professional diligence. She was actively involved in the process of newspaper production. From the gathering of stories, editing, planning to when the paper finally goes to press, she knows the process like the back of her hands.
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By Peter Uzoho
On the heels of the proposed establishment of Petroleum Host Community Fund in the Petroleum Industry Bill (PIB) currently at the National Assembly, the Partner, Tax, Regulatory and People’s Services, KPMG, Mr. Wale Ajayi, has called for the scrapping of the Niger Delta Development Commission (NDDC).
Ajayi also canvassed for an end to the discretionary allocation of oil blocks by the President of the country as empowered by the extant petroleum law of the country, saying the PIB has made provision for a competitive bidding process for the allocation of oil blocks.
The KPMG partner made the interventions recently when he featured on Global Business Report, a programme of Arise News Channel, THISDAY’s sister broadcast station.