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Nigerian airlines record low patronage over insecurity

Nigerian airlines have confirmed that passenger traffic has reduced in the last four weeks. This, they attributed to the growing insecurity in different parts of the country. Those who spoke to newsmen insisted that high airfares could be a factor, but insecurity was also identified as major reason. They noted that even at the peak of high cost of tickets in May and April, passenger traffic was still high. Newsmen learnt that some airlines that resumed flights to some destinations in the north had to withdraw, while the south-east airports, which used to be lucrative routes after Lagos and Abuja have recorded reduction in passenger movement. Head of Communications, Dana Air, Kingsley Ezenwa, told newsmen that there is slight reduction in the airline’s load factor in its flights to Enugu, O...

Nigerian government approves N9.2 billion premium for civil servants’ life insurance

The Federal Executive Council (FEC) has approved the sum of N9.2billion as premium to insurance companies that will manage the group life insurance for federal civil servants in the country. Minister of Information and Culture Lai Mohammed revealed this when he briefed State House correspondents on the outcome of the Council meeting which was presided over by President Muhammadu Buhari in Abuja on Wednesday. He said: “On behalf of the Head of Civil Service of the Federation, I will like to report that council today approved the award of contract for the appointment of insurance companies for group life assurance for federal government employees, public servants, para-military and the intelligence community for the year 2021-2022 in the sum of N9, 248. 995, 907. “This premium is for a perio...