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John Okiyi Kalu: Abia-Forensic Audit and the 'Small Man' syndrome

The Governor of Abia State, Alex Otti, signed off tens of millions of Abia State funds to travel to Washington DC, USA, ostensibly to malign his ....

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Furore as 15 states spend N301 billion on 'unprofitable' airports

Furore as 15 states spend N301 billion on 'unprofitable' airports
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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Most state-owned airports are not commercially viable, but necessary – MD FAAN

FAAN MD said most state-owned airports in Nigeria are not commercially viable but are necessary for long-term planning. ....

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Airports as ready made tools for fleecing public funds | The Guardian Nigeria News - Nigeria and World NewsSunday Magazine — The Guardian Nigeria News – Nigeria and World News

Proposed MKO Abiola Airport in Osun State
The Federal Government is warming up to the prospect of 10 new airports to add to the 26 that are dotting the landscape. Despite the vicissitudes wrought on the nation by the COVID-19 pandemic and paucity of funds, some states’ governors too are nursing an appetite to binge on this high-capital venture. WOLE OYEBADE writes that the economies of aviation business and cargo services would not favour white elephants, which always get abandoned mid-way, or end up as giveaways to the Federal Airport Authority of Nigeria (FAAN) as bad debt. Stakeholders reckon that in place of new self-serving ventures, the existing facilities should be optimised through good infrastructure, road and rail networks for the private sector to explore profitably. ....

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