Business
Keyamo Gives Thumbs Up To Air Peace’s Lagos-London Service, Encourages Nigerians To Fly With The Airline
In a resounding endorsement, Nigeria’s Minister of State for Labour and Employment, Festus Keyamo, has described his experience flying with Air Peace from Lagos to London as “awesome”. Keyamo, who was impressed by the airline’s service and hospitality, urged Nigerians to patronize Air Peace for their international travel needs.
Keyamo, who spoke exclusively with Arise News, praised Air Peace for its modern fleet, comfortable seating, and excellent in-flight entertainment. He also commended the airline’s staff for their professionalism and warm hospitality, stating that they made him feel proud to be Nigerian.
The Minister’s endorsement comes at a time when Air Peace is expanding its international routes, having recently launched flights to London, Dubai, and other destinations. Keyamo’s thumbs up is a significant boost for the airline, which has been working tirelessly to promote Nigeria’s aviation industry globally.
Keyamo’s experience on the Lagos-London route was particularly noteworthy, as he highlighted the airline’s punctuality, comfortable seating, and delicious in-flight meals. He also appreciated the extra legroom and personalized service, which he described as “world-class”. The Minister’s endorsement is a testament to Air Peace’s commitment to excellence and its vision to become Africa’s leading airline. With its modern fleet and exceptional service, Air Peace is poised to revolutionize the aviation industry in Nigeria and beyond.
Keyamo’s encouragement to Nigerians to fly with Air Peace is a vote of confidence in the airline’s ability to deliver exceptional service and provide a comfortable travel experience. As Nigeria’s aviation industry continues to grow, Air Peace is leading the charge, and Keyamo’s endorsement is a significant step forward.
Festus Keyamo’s “awesome experience” with Air Peace is a resounding endorsement of the airline’s service and hospitality. His encouragement to Nigerians to fly with Air Peace is a testament to the airline’s commitment to excellence and its vision to become Africa’s leading airline. With Air Peace, Nigerians can expect a world-class travel experience that will make them
proud to be Nigerian.
Business
Nigerian Banks’ Upgrade Chaos: A Call for Customer-Centric Solutions
Nigerian banks’ rush to upgrade their core banking systems has caused confusion and frustration for many customers. With banks upgrading to more secure software, the lack of communication and customer support has left millions unable to access their funds, sparking questions about the bank’s commitment to customer welfare.
Dr. Uju Ogubunka, President of Bank Customers Association of Nigeria (BCAN), emphasized the severe impact of these disruptions, stressing the need for better communication and customer preparedness during such transitions. Banks must strike a balance between technological upgrades and customer service to retain trust, especially in an economy facing devaluation pressures.
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Echoes Of Unfulfilled Promises In Nigeria’s Journey
As Nigeria commemorates its 64th Independence anniversary, the stark contrast between celebration and the persistent challenges of corruption, mismanagement, and unfulfilled promises becomes evident.
The editorial revisits historical attempts at reform, such as the Independent Corrupt Practices Commission’s (ICPC) prosecutions and the House of Representatives’ inquiry into the unfulfilled $14.5 million aircraft repair contract. Many of these initiatives have faded from public memory, leaving questions about accountability unresolved.
High-profile corruption cases, including the Halliburton scandal involving alleged bribes of $180 million, highlight systemic failures within the political landscape.
The editorial emphasizes the need for collective action from citizens, civil society, and the media to demand transparency and accountability. It warns that without addressing these entrenched failures, Nigeria’s path toward democracy and good governance may continue to be fraught with unfulfilled promises.
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Business
Global Competition Claims Scotland’s Oldest Refinery: Grangemouth To Close In 2025
In a significant blow to Scotland’s energy sector, the 100-year-old Grangemouth refinery is set to close in 2025, citing its inability to compete with modern plants in Africa, Asia, and the Middle East. The refinery’s operator, Petroineos, announced the closure, which will result in the loss of 400 jobs.
Located in Scotland, Grangemouth refinery has been in operation since 1924, making it the country’s oldest and only refinery. However, despite its rich history, the refinery has struggled to remain competitive in the face of mounting global competition. Petroineos, a joint venture between PetroChina Internation al London (PCIL) and INEOS Group, a British chemicals firm founded by billionaire Sir Jim Ratcliffe, has invested $1.2 billion in the refinery since 2011.
However, the company has incurred significant losses, totalling over $775 million during the same period. According to Petroineos, the refinery is currently losing around $500,000 per day and expects a $200 million loss in 2024.
The company’s Chief Executive, Frank Demay, stated that the market for petrol and diesel fuels is expected to shrink further due to the upcoming ban on new petrol and diesel cars within the next decade. “Grangemouth is increasingly unable to compete with bigger, more modern and efficient sites in the Middle East, Asia and Africa.
Due to its size and configuration, Grangemouth incurs high levels of capital expenditure each year just to maintain its licence to operate,” Demay explained. The closure of Grangemouth refinery marks a significant shift in the global oil refining landscape, with modern and efficient plants in Africa, Asia, and the Middle East gaining a competitive edge. The Dangote Refinery in Nigeria, one of the largest refineries in Africa, may have contributed to the decline of Grangemouth refinery.
The refinery will be converted into a fuel import terminal, ensuring Scotland’s energy needs are still met. However, the closure raises concerns about the country’s energy security and the impact on local communities.