Friday, April 19Inside Business Africa
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Tag: Aviation

Inconsistent policies, insecurity, poor infrastructure to limit FDI inflow in 2020

Inconsistent policies, insecurity, poor infrastructure to limit FDI inflow in 2020

Economy
Nigeria is predicted to report slowing International Direct Funding (FDI) flows this yr, to be pushed by inconsistent insurance policies, insecurity, and poor infrastructure, in accordance to a report by FSDH Service provider Financial institution Restricted. Whole funding inflows as on the third quarter of 2019 stood at $19.7 billion, increased than the $16.eight billion achieved in full-yr 2018.  
Aviation unions hijack toll collection at Lagos airport

Aviation unions hijack toll collection at Lagos airport

Business
Aviation workers’ unions yesterday made good their threat to take over the collection of tolls at the access gate of Murtala Muhammed International Airport (MMIA) Lagos. Members of the unions, in their drove, stormed the access gate as early as 7a.m. to chase away officials of the concessionaire, and replace them with officials of Federal Airports Authority of Nigeria (FAAN). The Guardian learnt that the hijack had been in the works since the contract of the concessionaire, the Integrated Intelligent Imaging West Africa Limited (ICUBE), expired a year ago. More so, the unions under the aegis of the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), Association of Nigeria Aviation Professionals (ANAP) and Nat...