Business
Aviation ground handlers lift suspension on Max Air after debt negotiations, partial payment
The Aviation Ground Handlers Association of Nigeria (AGHAN) has lifted its suspension on services to Max Air, less than 24 hours after halting operations over unpaid debts.
The association said the decision followed progress in discussions with the airline, including the payment of a “substantial amount” of money out of its outstanding obligations to handling companies.
In a statement issued on Friday, AGHAN said the suspension was lifted after Max Air re-engaged with its members and committed to resolving its debt profile.
“We have to lift the handling suspension on Max Air after it commenced negotiations with our members and paid a substantial amount of money out of its debts,” the association said.
Ground handling companies provide critical airport services, including aircraft marshalling, baggage handling and ramp operations, which are essential to airline turnaround and safety compliance.
The development is coming just a day after the group withdrew handling services to the airline, citing prolonged unpaid debts it said have reached unsustainable levels and strained operations within the aviation support sector.
PREMIUM TIMES earlier reported that AGHAN withdrew its services from Max Air on Thursday over the debts estimated at N1 billion.
The association had accused the airline of failing to engage meaningfully in repayment discussions at the time, while other indebted carriers were said to be making settlement plans.
AGHAN noted that the action was necessary after repeated efforts to recover the debt failed, warning that the issue, if not addressed, could undermine safety and operational efficiency at airports.
Despite lifting the suspension, the association said the underlying financial pressure facing ground handling companies remains unresolved.
ALSO READ: Aviation Ground Handlers withdraw services from Max Air over alleged N1 billion debt
AGHAN said its members continue to operate under rising costs arising from equipment procurement, foreign exchange exposure and operational overheads, while awaiting payments from airlines.
“We agree that the operating environment is tough for all operators, but we are not equally exempted from the challenge,” the statement disclosed.
It added that aviation services operate as an interconnected chain, warning that financial distress affecting any segment could have wider implications for safety and service delivery.
“The aviation industry is a chain and not about the airlines alone. Others too play major roles in the ecosystem and they need to survive,” the association said.
The UK has launched a £15 million initiative, aimed at attracting private investment, supporting economic reforms and speeding up Nigeria’s long-term economic transformation.
The initiative was announced during a recent visit by the UK Minister for Africa and International Development, Jenny Chapman, according to a statement issued by the British High Commission on Friday.
The programme, announced during Ms Chapman’s meeting with Taiwo Oyedele, the minister of finance and coordinating minister of the economy, will run for three years. It plans to deepen ongoing reforms, strengthen the private sector and unlock new sources of capital for economic growth.
“The UK-Nigeria Growth Programme helps bring this partnership to life by supporting capital market development, technology investment, small businesses and technical assistance,” Mr Oyedele said.
“We look forward to seeing these opportunities deliver lasting benefits and drive progress for both countries.”
The new programme comes as Nigeria and the UK look to expand economic cooperation beyond traditional development assistance towards investment-led growth.
Alongside the initiative, the UK announced expanded synergy in Nigeria’s digital economy through the SPRIRET initiative under its Digital Access Programme.
The initiative will enhance governance reforms across five states and help reduce regulatory barriers constraining investment in broadband infrastructure, digital services, and emerging technologies.
The British High Commission said the intervention is expected to encourage greater private-sector participation and improve the business environment for technology-driven investments.
Trade, finance partnerships
During the visit, Ms Chapman met Minister of Industry, Trade and Investment Jumoke Oduwole to review the progress so far recorded under the Enhanced Trade and Investment Partnership between both countries.
Discussions centred on scaling up Nigeria’s exports through the UK’s Developing Countries Trading Scheme, strengthening cooperation in the fintech sector, and expanding capital market linkages.
READ ALSO: Democracy Day: Tinubu says economic reforms are boosting healthcare funding
The engagement reflects growing efforts by the two countries to deepen trade and investment ties as Nigeria seeks to diversify its economy and attract foreign capital.
According to the statement, British International Investment, the UK’s development finance institution, has invested roughly $800 million in sectors including agriculture, manufacturing and renewable energy in Nigeria.
The UK government is also supporting the rehabilitation and expansion of Lagos ports through financing valued at about $1 billion.
The country remains an important destination for Nigerian businesses seeking international expansion, with seven Nigerian banks now operating there.
Business
NCC Appoints Oforitsenere Emiko as Interim Board Chairman to Drive Nigeria’s Tech Skills Transformation
BY NKECHI NAECGE -ESEZOBOR—The Nigerian Communications Commission (NCC) has appointed Princess Oforitsenere Emiko as the Interim Chairman of the Governing Board of the Digital Bridge Institute (DBI). This strategic move is part of the Commission’s ongoing efforts to reposition the institute to meet the growing demands of Nigeria’s evolving digital economy.
The announcement was disclosed on Monday in a statement by the NCC’s Director of Public Affairs, Nnenna Ukoha.
According to the Commission, the appointment is aimed at strengthening the institute’s capacity to respond to the rapid transformation of the communications sector and the emerging requirements of the broader digital market.
Alongside Princess Emiko, the NCC named Engr. Abraham Oshadami, Executive Commissioner for Technical Services, and Ms. Rimini Makama, Executive Commissioner for Stakeholder Management, as interim board members. They are expected to work closely with the President and Chief Executive Officer of DBI, David Daser, as well as other continuing board members whose tenures remain valid.
Established by the NCC in May 2004, the Digital Bridge Institute was originally created as a specialized training center for telecommunications and information technology.
However, the Commission noted that the sector has since transitioned into a wider digital economy that demands continuous skills development and advanced technical capacity.
The NCC emphasized that the restructuring of the institute reflects the vital role communication infrastructure plays in national development and economic sovereignty.
A major driver of this initiative is Nigeria’s youth demographic, with approximately 70 percent of the population under the age of 30, making targeted skills development a critical component of the national transformation agenda.
To address this, the Commission stated that the renewed focus of the institute will center on five key areas: education and training, research and development, innovation, economic impact and growth, and emerging policy and regulation.
This new strategy was developed through extensive consultations involving key public stakeholders, including the Federal Ministry of Communications, Innovation and Digital Economy, the Federal Ministry of Education, TETFund, the Federal Ministry of Science and Technology, and the National Agency for Science and Engineering Infrastructure (NASENI). The initiative is ultimately designed to align DBI’s mandate with modern technological realities and strengthen Nigeria’s overall position in the global digital economy.
The post NCC Appoints Oforitsenere Emiko as Interim Board Chairman to Drive Nigeria’s Tech Skills Transformation appeared first on Business Today NG.
-
Health2 days agoCholera Outbreak: 74 dead, over 7,800 cases strain Borno facilities
-
Health3 days ago
Unsafe food causes 53,000 deaths annually in Nigeria – Minister
-
Health3 days ago
Plateau State Govt Moves to Sustain Malaria Control Gains with 2026 SMC Campaign
-
News2 days ago
Nasarawa North bye-election: Maku alleges plot to manipulate result, names nine vulnerable wards
