FG to clear shortchanging of passengers at airports

By Favour Nnabugwu

 

 

The Federal Government is making moves to clear any art of shortchanging passengers at airports, conducted a verification of measuring scales at the nation’s airports.

This is coming against the backdrop of complaints by travellers of being shortchanged following poor measuring facilities.

The Federal Ministry of Industry, Trade and Investment, FMITI, also advised the Federal Airports Authority of Nigeria (FAAN) to recalibrate some of the weighing machines across the various airports in the country.

The exercise was undertaken by the Weights and Measures Department of the FMITI at the Murtala Mohammed International Airport (MMIA), Lagos.

Speaking at the sideline of the exercise, Director, Weights and Measures Department, FMITI, Mr Hassan Ejibunu, said that the exercise was in response to public complaints of alleged manipulation of weighing equipment at the airport.

In his words: “Travellers complain that their luggage that were weighed from home and shown to be within approved weights will weigh higher at the airport, and charged for excess luggage.

“Our department is saddled with the responsibility of ensuring that all commercial transactions involving measurement are fair, accurate and legal with a view to protecting consumers.

“A memo was sent to the Minister of Industry, Trade and Investment, to verify the weighing equipment at the airport.

“Beside complaints of being shortchanged, safety is involved.

“There’s a capacity that an airline should take because if there’s turbulence in the air, the pilot might not be able to control the aircraft.

“That’s why we are here at the airport to ensure that all the weighing instruments being used are fair and accurate and do not cause overload of aircraft.”

Ejibunu noted that the exercise was also to protect the interest of the travellers and assure them of accurate weighing.

“We have done a random sampling of the weighing equipment from number one to 62 and what we have seen so far is that they are within tolerable level. They are okay.

“So, members of the public should discontinue the notion of being shortchanged whenever they come to the airport,” he said.

He, however, advised the Federal Airports Authority of Nigeria (FAAN) to recalibrate some of the weighing machines whose edges fell short of accurate measurement.

“When we placed our dead weight of 20kg on the knife edge of some machines, they read 19.8, 19.2kg, which is not accurate. All edges should read 20kg,” he said.

The director noted that after recaliberating the machines, FAAN should invite the weights and measures department for verification and certification.

Ejibunu noted that weighing scales bearing the department’s certification sticker would instil confidence of fairness and accuracy in travellers.

Nigerian envoy to issue passports after 8 wks of biometric capturing in Frankfurt

By Favour Nnabugwu

 

The Consul General of the Federal Republic of Nigeria in Frankfurt, Mr Wahab Akande, has vowed to issue passports eight weeks maximum after the biometric data capturing of the applicants.

The envoy made the pledge when he received a joint delegation of the Nigerian Community Germany (NCG) e.V. and the Concerned Nigerians Germany (CNG) e.V. on Friday.

Ambassador Akande however said that his pledge was subject to the availability of passport booklets.

The audience was sought by the two associations to discuss issues affecting Nigerians living in Germany, especially passport issuance, visa application by German nationals who were born Nigerian and the situation of Nigerian students who fled the war in Ukraine and are currently seeking refuge in Germany.

The meeting resolved that, among others, that: Passports are to be issued 6-8 weeks after the capturing of biometric data of applicants depending on the availability of passport booklets.

Administrative charges for passport application would be 20 Euro
Applicants would receive their passports by submitting self-addressed envelopes or paying 10 euros for postage
The meeting also resolved that the General Consul would instal POS machine in its premises to make payment for its services easier for Nigerians and others.

The Consul General also advised Nigerian-born German nationals to contact the consulate once their visa applications had been made and fees paid to facilitate the processing of their applications.

The delegation that visited Consul General Akande comprised, among others, of David Peters, President of NCG, and Chuks Lewis Ehiwario (President, CNG).

African-German Association brings new approach to Germany

By Favour Nnabugwu

 

African-German Association (AGA) has emerged in Germany to bring new approach to building a strong community.

It brings people of African descent together and wants to build the capacity of organisations to support and promote community engagement and participation.

“We noticed that a major weakness of African associations is their membership focus which hampers their effectiveness,” Michael Williams Iyare, President of AGA, said in an exclusive interview with The African Courier.

“Quite frankly speaking, most of our organisations base their membership on specific nationalities, linguistic zones, ethnic groups or other subnational identities,” he explained.

“We seek to change that by creating an umbrella where all Africans – irrespective of where you come from in the continent – can feel at home. Hence, our mission is to unite people of African descent.”

AGA, which is based in Berlin, brings together other groups and influential members of different communities who now act as multipliers.

The association has identified lack of information as a major challenge facing Africans, especially the newcomers, and seek to address the challenge by disseminating information on different issues that migrants are confronted with in Germany.

“Despite the many organisations in the African community, our people are still lacking information which makes life unnecessarily difficult,” Iyare, who is an entrepreneur, said. “So, we have chosen to provide orientation to our people,” he explained.

Another primary purpose of the association is the promotion of community engagement and participation in civic matters, which it believes is an effective way to promote integration.

AGA holds monthly information sessions on different legal, health, social and cultural issues to support the integration of Africans and promote their welfare in the country.

The association also raises money for charity such as it’s currently doing for Red Cross to support the humanitarian organisation in rendering assistance to African refugees from Ukraine.
Moreover, AGA is actively involved in development in Africa. “Let’s face it, the diaspora has an important role to play in the development of the continent,” he said.

This is why the association seeks collaboration with local organisations as well as communal politicians in Africa to implement development projects.

Among its ongoing activities in Africa is the provision of drainage for a rural road in the town of Igbanke, Edo State, Nigeria. “Roads are a major challenge for rural dwellers in Africa which hampers economic activities. This is why we are involved in the project in Igbanke, where my parents hail from. We are adding a drainage system to the 3.5 km road,” he revealed.

Working with a local organisation, AGA is also currently roofing a primary school in Maputo in Mozambique.

“What we have found out is that the diaspora could make greater impact if it works with communal politicians to impart development at the local level,” Iyare said. “These people know the communities very well and they know what we could do to improve the living conditions of the people.”

AGA was inaugurated in 2021 and already has 38 corporate members. The association, which builds capacities of member organisations to ensure effective and efficient service delivery to the community, is targeting 100 members before the end of 2023.

FCT hands over 12,000 hectares to Aviation Ministry

By Favour Nnabugwu

 

The Minister of Federal Capital Territory, Mr. Muhammed Musa Bello has handed over the Certificate of Occupancy for 12,000 hectares of land in Abuja to Aviation Ministry.

The 12,000 hectares of land is for the actualisation of the aviation roadmap projects of President Muhammadu Buhari led administration was handed over to the Minister of Aviation, Senator Hadi Sirika.

According to the Director-Planning Research and Statistics of the Federal Ministry of Aviation who represented the Minister, Engr. Mohammed Kabiru Shehu, said one of the key projects to be executed on the land is the second Runway project for the Nnamdi Azikiwe International Airport, Abuja.

The MD/CE expressed appreciation to the Buhari led Administration and the Hon. Minister of Aviation for promises kept.

The second Runway project was awarded to the China Civil Engineering Construction Corporation Nigeria Limited (CCECC) and the site was handed over to the company on the aforementioned date.

Other projects that would be executed as part of the aviation roadmap include: Maintenance Repair and Overhaul (MRO) Centre; Aviation Leasing Company (ALC); Agro-Allied Cargo Terminals; Aerotropolis or Airport City; National Carrier; Africa Aerospace and Aviation University (AAAU); second Runway of the Nnamdi Azikiwe International Airport, Abuja, amongst others.

Some of the benefits that would accrue to Nigeria at the completion of the projects are: employment opportunities for Nigerians; enhanced transfer of technology; increase in foreign exchange earnings/increase in GDP contribution; backward integration of aircraft maintenance and repair facilities for both domestic and international carriers; improvement in Ease of Doing Business in Nigeria; reduction in capital flight; increase in Bilateral Air Services Agreements with other countries, amongst others.

Present at the hand over ceremony were the MD/CE-Capt. Rabiu Hamisu Yadudu represented by the Director of Human Resources-Honorius Anozie; Acting Director of Aerodrome Development of the Aviation Ministry Engr.C.Awogbami; Team Lead of the Federal Capital Development Authority, Executive Secretary-Engr. Shehu Hadi Ahmad; Regional General Manager (North Central)/Airport Manager,Nnamdi Azikiwe International Airport, Abuja – Kabiru Mohammed; other officials of the Ministry of Aviation, FAAN and FCDA amongst other dignitaries.

Access Bank acquires $37m stake in Kenya’s Sidian Bank

By Favour Nnabugwu

 

 

Access Bank Holding Plc has concluded plans to acquire Kenya’s Sidian Bank Ltd., for N15 billion ($37 million).

The bank disclosed this in a notice signed by Mr Sunday Ekwochi, Company Secretary of the bank, and made available on the Nigerian Exchange Ltd., on Wednesday in Lagos.

The bank said its subsidiary, Access Bank, had signed an agreement with Centum Investment Company Plc (‘Centum’) for the acquisition of the entire 83.4 per cent equity stake held by the company in Sidian Bank Ltd.

Centum Investment Plc, a leading East Africa investment firm listed on the Nairobi Securities Exchange and Uganda Securities Exchange.

It noted that the purchase consideration is approximately up to N15 billion ($37 million), representing a price to book multiple of 1.1x based on the audited March 31, 2022 shareholders equity of Sidian.
According to the bank, Sidian will be merged with Access Bank’s subsidiary in Kenya, Access Bank Kenya to create a stronger banking institution better positioned to serve the Kenya market.

The Chief Executive of Access Bank, Mr Roosevelt Ogbonna, said that the transaction builds on the bank’s earlier acquisition of the former Transnational Bank Plc (now Access Bank Kenya).

Ogbonna said that transaction also underscores the bank’s resolve to strengthen our presence in Kenya, a key African market that fits into its strategic focus for geographic earnings growth and diversification.

“The acquisition and intended subsequent merger will create a strong and competitive balance sheet for Access Bank Kenya, positioning us to be well-placed to promote regional trade finance and other cross border banking services in the East African Community (EAC) and broader COMESA region.

“The proposed combination with Access Bank Kenya would undoubtedly propel Access Bank into a strong contender in the Kenyan market with enhanced capacity to play a more impactful role in the growth of its economy while delivering increased profitability for our shareholders,” he added.

Also, the group CEO of Access Holdings Plc, the parent company of Access Bank, Mr Herbert Wigwe, stated that the deal “represents the relentless focus and execution of our strategic objectives within our banking subsidiary even as we grow the other businesses within Access Corporation’s core segments.

“The acquisition of Sidian is a significant step-up in scale and potential for Access Bank in Kenya which represents the largest market and trade corridor in East Africa.

“The significant increase in scale and customer base presents us with enormous opportunities to support growth in the various ecosystems were are building in our trade and payment business.

“The economies of scale that derive therefrom will continue to drive and enhance contributions to all stakeholders.”

Also, in the notice to the NGX on the proposed purchase, it was stated that the valuation was based on the audited results of the Kenyan lender for the first three months of the year.

The deal is still subject to regulatory approvals in Nigeria and Kenya

FG picks CCECC to construct N92bn second Abuja runway

FEDERAL Government has handed the China Civil Engineering Construction Corporation Ltd, (CCECC), the construction site of Nnamdi Azikiwe International Airport, Abuja second runway for N92 billion.

This was contained in a tweet by the Federal Ministry of Aviation.

Just Monday the Federal Capital Territory( FCT) made available a total of 12,000 hectares of land reserved in the land bank allocated for aviation facilities purposes of which the runway is part of.

The Abuja runway project is expected to be completed within the next 12 months.

The runway according to the Minister of Aviation, Senator Hadi Sirika became necessary in view of the fact that it was as critical as the economy of the country

PenCom recovers N422m pension remittance from defaulted employers

By Favour Nnabugwu

 

The National Pension Commission (PenCom) has recovered N422.34 million from defaulting employers who failed to remit pension contributions by their employees to respective pension fund administrators (PFAs).

This is contained in the 2022 first-quarter report released by the commission on Tuesday. The figure is 30.6 percent lower than the commission’s recovery to the tune of N608.55 million in the first quarter of the preceding year.

PenCom said the amount comprises N124.89 million principal contribution and N295.45 million penalty.

It added that the sum was recovered from 23 defaulting employers during the quarter under review.

Meanwhile, it said six defaulting employers have been presented for appropriate legal action.

“Following the issuance of demand notices to defaulting employers whose pension liabilities were established by the recovery agents (RAs) appointed by the commission, the sum of N422.34 million representing principal contribution (N124.89 million) and penalty (N295.45 million) was recovered from 23 defaulting employers during the quarter under review,” the statement reads.

“The cumulative pension contributions from inception to the end of the first quarter of 2022 amounted to N7.77 trillion, which is an increase from N7.58 trillion as at the end of Q4 2021,” it added.

PenCom noted that the aggregate pension contributions of the public sector increased from N3.92 trillion in the last quarter of 2021 to N4.02 trillion at the end of Q1 2022.

Similarly, the aggregate pension contributions of the private sector increased from N3.66 trillion in Q4 2021 to N3.76 trillion at the end of Q1 2022

From January to March 2021, PenCom said it received a total of 11,200 applications from private sector organisations for the issuance of pension clearance certificates (PCCs).

“Out of this number, PCCs were issued to 10,541 organizations, while 659 applications were in the approval process as at March 31, 2022,” PenCom added.

“The records showed that the 10,541 organizations had remitted a total of N59.39 billion into the retirement savings accounts (RSAs) of their employees, totaling 45,170.”

The total value of pension fund assets as at March 31, 2022 was N13.88 trillion.

“The amount comprised of N9.81 trillion in RSA’ Active’ Funds (RSA Funds I, II, III and V); N1.10 trillion in RSA Retiree Fund (Fund IV); N1.54 trillion in CPFAs; N1.42 trillion in Approved Existing Schemes. Fund VI Active and Retiree Fund amounted to ₦23.16 billion,” it said.

The commission noted that employers are mandated to remit workers’ monthly pension contributions to their retirement savings account (RSA) for the exclusive purpose of providing retirement income