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BMO, Buhari Media Organisation praised President Buhari over Nigeria Air




The BMO praised President Muhammadu Buhari for the unveiling of the logo and the planned take-off of Nigeria Air in December.

The Buhari Media Organisation BMO said in Abuja that efforts of President Buhari have gone beyond completing abandoned projects to resurrecting dead projects.


Nigeria Air

In statement BMO said it was gratifying that the Nigeria Airways killed by PDP government in 2003 was being brought back to life by Buhari 15 years after.

The statement signed by the Chairman of BMO, Mr. Niyi Akinsiju applauded the move and noted especially the acquisition of new Boeing aircrafts.

“This is a most welcome development which will benefit the country in more ways than one, another promise kept and a further proof of President Muhammadu Buhari’s commitment to correcting the wrongs of the past.”

The group recalled that when the President vowed to revive the Nigerian Airways that was liquidated by former President Olusegun Obasanjo in 2003, many Nigerians were understandably cynical because of the failed promises of previous governments.

“When the then Candidate Buhari gave his words on the National Carrier, many people who had been told that a government owned airline was not viable felt he was playing to the gallery, but it is now clear that the President is a man of his words,” the group said.

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It added that with the unveiling of the logo what many people had dismissed as a political gimmick has begun to manifest.

The group pointed out that “many older Nigerians would recall that as at 1984 when Buhari was then a military ruler, Nigerian Airways had 34 aircraft, so he was understandably shocked that smaller countries were running well-managed airlines with private sector support and laid the groundwork for what we are seeing now.”

Buhari Media organisation BMO Nigeria

Nigeria Air

The Buhari Media Organisation BMO reminded Nigerians that the new national carrier is just one aspect of an Aviation master-plan which included a maintenance, repair and overhaul centre, an aviation leasing company and airport concessioning -all designed to make the country the aviation hub for west and central Africa.

Buhari Media Organisation (BMO) also commended the Minister of State for Aviation Hadi Sirika for running with the President’s dream, from planning to execution, while urging him to ensure that the December take-off date is sacrosanct.

It however urged him to learn from the missteps of previous administrations by ensuring that the public/private partnership arrangement is water-tight in order to realise the government’s aspiration of profit within three year’s of operation

On the possible benefits of Nigeria’s investment in a new national carrier, BMO noted that the vacuum created by the absence of a national carrier is costing Nigeria $6.4 billion annually as a result of its inability to reap the benefits from 78 Bilateral Air Services Agreements (BASA) from non-payment of royalty by foreign carriers.

This, it says, is an estimate provided by aviation experts of what international operators should have been paying but for the inability of Nigerian airlines to reciprocate the number of flights operated by these foreign carriers due to lack of capacity and the fact that the country does not have strong airlines that operate many international destinations.

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BMO says it was convinced that the Buhari administration would put in place the necessary processes to ensure that never again will Nigeria be deprived of a national flag carrier at a time smaller African countries are running viable, profitable airlines.

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Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers



Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.


The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja


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She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.


The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Read Also: FCTA Set to Implement Minimum Wage for FCT Workers

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CBN to End Forex Sales to Commercial Banks in 2022



Author: Eunice Johnson, Abuja 

The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.




Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.

He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.

He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.


Read Also: CBN Encourages Nigerians to Accept E-Naira

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Customs Corner

Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command



Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

Author: Gift Wada, Abuja

The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.

This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.

Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.


Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.


Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.

Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.

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Customs Raises Concerns over Finance Act as Senate Sets N3trn Target for Revenue Agencies

Comptroller Ali Ibrahim Assumes Duty as New Customs FOU Zone ‘C’ Boss

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