Connect with us

Business

NAMA commences calibration of landing equipment at Ekiti Airport

Published

on

41 Views

… EKSG says airport set for commercial operations

The Nigeria Airspace Management Agency (NAMA) on Friday commenced the calibration of landing system at the Ekiti Agro-Allied International Cargo Airport in readiness for commencement of commercial flights operation.

This is coming barely a month after the Nigeria Civil Aviation Authority (NCAA), granted approval for non – scheduled flight operations at the airport for a period of six months.

The calibration aircraft that conveyed he NAMA officials touched down on the runway of the airport at exactly 4.13pm.

The exercise commenced immediately. Calibration, in the air system industry is a process that allows safety of air navigation by conducting regular flight inspection, calibration of test equipment systems, and surveillance of airspace system.

It is also part of the final stages of ensuring the facility meets global aviation standards for safe and efficient operations.

On hand at the airport to receive the NAMA team were the Technical Adviser to the Governor on Airport Project, AVM Sunday Makinde (rtd); Commissioners for Information, Rt. Hon. Taiwo Olatunbosun; Environment, Chief (Mrs) Tosin Aluko- Ajisafe; Transport, Hon Kolawole Akobiewe; Special Adviser to the Governor on Media and Strategy, Mr Yinka Oyebode; among others.

Briefing Journalists at the airport, AVM Makinde (Rtd) said, the landing of the calibrator aircraft as well as the calibration exercise by NAMA officials was a major step in the final approval for commercial operations at the airport.

According to him, the exercise was to assess and fine-tune the navigational aids equipment installed at the airport which include, instrument landing systems, communication radios, and other essential equipment required for safe and efficient operations.

Expressing his delight at the progress of the airport, AVM Makinde explained that the airport is fully ready for commercial operation, adding that it can accommodate any type of aircraft.

“What’s happening here today is actually a working flight operation, this plane is a calibration plane from NAMA.

Basically what they came for is just to ensure that our systems, especially our navigations, are able to pick any frequency of any aircraft coming to Ekiti and also check out communication systems.

The Ekiti Agro Cargo international airport is fully ready.” He assured.In his own remarks, the Commissioner for Information, Chief Taiwo Olatubosun, explained that with series of inspections by relevant regulatory aviation agencies, and certifications, the Airport is ready for smooth take off.

Describing the development as a dream come true, Olatubosun said the airport would open new doors for investment, tourism, and economic growth in the state as well as facilitate business, attract investors, and make life easier for the people.

While assuring that the development would boost the socio economic and industrial development of the state, the Commissioner said the completion of the airport is a testament to Governor Oyebanji ‘s commitment to the transformation of the state’s economy and establish it as a hub for both local and international connectivity.

The NAMA team is billed to depart the airport on Saturday.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

BUA Cement records N580.3bn half-year revenue

Published

on

28 Views

BUA Cement Plc has reported a revenue of ₦580.3 billion for the first half of 2025, reflecting a significant rise from ₦363.9 billion recorded during the same period in 2024.

The company made the announcement in a corporate disclosure filed with the Nigerian Exchange Ltd. on Friday.

Also, the company’s gross profit rose from N109.3 billion to N285.8 billion and the profit after tax soared to N180.9 billion up from N34.3 billion.

The earnings per share grew from 101.15k to 534.18k.

Continue Reading

Business

Aliko Dangote retires

Published

on

44 Views

Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025.

He is relinquishing his position as chairman and retiring from the board so as to focus more attention on the Refinery, Petrochemicals, Fertiliser and Government Relations, in order to drive the company’s five-year business trajectory to a superlative height.

The board of Dangote Cement Plc has therefore announced the appointment of Mr. Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman, Board of Directors.

In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board.

Reputed as Africa’s leading investor, Aliko Dangote leaves giant footprints as he retires from the board.

His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub Saharan Africa.

Aliko Dangote’s journey with cement began with a bold dream: to make Nigeria and Africa self-sufficient in cement production.

Through strategic investments in state-of-the-art plants, and a commitment to local content, he not only met that goal but exceeded it.

Dangote Cement Plc has 52.0Mta capacity across African continent with Nigeria accounting for 35.25Mta.

Currently, additional greenfield plants are coming up in Cote Ivoire (3.0Mta) and Itori, Nigeria (6.0 Mta) and on completion this year will push total capacity to 61.0Mta.

Under his visionary leadership, Dangote Cement Plc recorded the highest revenue and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) in the history of the company.

According to the unaudited results for the six months ending 30th June 2025, the group revenue went up by 17.7 percent, from N1,760 billion at the same period in 2024 to N2,071.6 billion, representing the highest revenue in the history of the company.

Group Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 41.8 percent to N944.900 billion from N666.22 billion.

EBITDA (Nigeria Operations) grew by 82.4 percent to N845.4 billion. Profit before tax went up from N292.96 billion to N730 billion indicating 149 percent increase while profit after tax surged by 174.1 percent to ₦520.5 billion, in contrast to N189.90 billion in the same period at the preceding period.

In the six months, export volumes from Nigeria increased by 18.2 percent, with 18 successful clinker shipments made to Ghana and Cameroon.

Aliko Dangote’s legacy will be counted in the millions of jobs created, the infrastructure built, and the confidence restored in African industrial potential.

He has proven that Africa can produce, compete, and lead on the global stage. It is on record that subsidiaries under Dangote Group paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.

The new Chairman of the Board of the Company, Emmauel Ikazoboh in his acceptance speech, said he is truly honored to accept the role of Chairman of Dangote Cement Plc while pledging to uphold the highest standards of leadership and dedication in this role.

He described the company as a beacon of African enterprise, which has consistently demonstrated resilience, innovation, and a commitment to excellence.

Over the years, Dangote Cement Plc has not only become the continent’s leading cement producer but has also played a vital role in driving economic growth and development across numerous African nations.

Giving an insight into what his tenure holds for the company, he said, “my vision for Dangote Cement Plc is built upon a foundation of sustainable growth, operational efficiency, and unwavering commitment to our core values.

We will continue to focus on the following key priorities, Operational Excellence, Strategic Expansion, Sustainability, Innovation and Community Engagement.

Part of the strategies he intends to introduce include driving down costs through the implementation of robust cost-reduction strategies to navigate inflationary pressures and enhance competitiveness.

The company he stated will accelerate efforts to adopt alternative fuels and technologies, reducing reliance on fossil fuels and contributing to a more sustainable future.

Regarding staff welfare, he promised that the company will continue to invest in training and development, fostering a culture of excellence and empowering employees to reach their full potential.

Emmanuel Ikazoboh was previously the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He started his professional career at Akintola Williams Deloitte.

He first became the Managing Partner for francophone offices in Cameroon and Côte d’Ivoire and later became the Managing Partner of the Deloitte firm in West and Central Africa until 2009.

In 2010 he was appointed by the Securities and Exchange (SEC) as an Interim Administrator to carry out capital market reforms of the Nigerian Stock Exchange (NSE) and the Central Securities Clearing System Plc. (CSCS).

Continue Reading

Business

UK Parliament Honors NASENI CEO for Driving Africa’s Industrial Innovation

In his remarks, Halilu emphasised Africa’s readiness to lead in innovation, manufacturing, and sustainability.“It is a great honour to receive this award alongside fellow visionaries committed to Africa’s future.

Published

on

By

45 Views

The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has been honoured with the prestigious African Achievers Award at the 15th edition of the ceremony held at the historic House of Lords, UK Parliament.

The award, presented during an event that brought together royals, global leaders, policymakers, and innovators, recognised Halilu’s outstanding contributions to advancing Africa’s technological infrastructure, innovation ecosystems, and industrial growth through his leadership at NASENI.

Hosted by Baroness Sandip Verma, Chancellor of the University of Roehampton and a respected member of the House of Lords, the ceremony was a powerful global showcase of African excellence and transformative leadership, a statement by NASENI’s Director of Information, New Media and Protocol, Olusegun Ayeoyenikan, said.

Halilu joined a distinguished group of honourees including public officials, business executives, and philanthropists shaping the future of the continent.

In his remarks, Halilu emphasised Africa’s readiness to lead in innovation, manufacturing, and sustainability.“It is a great honour to receive this award alongside fellow visionaries committed to Africa’s future.

At NASENI, we are bridging the gap between ambition and access, turning ideas into industries, empowering indigenous solutions, and driving forward Nigeria’s and Africa’s industrial transformation. Africa is not just rising, it is ready,” he said.

Under his leadership, NASENI, the statement said, has been repositioned as Nigeria’s leading technology transfer agency, delivering on the Renewed Hope Agenda of President Bola Tinubu by enabling local production in critical sectors such as clean energy, agriculture, transportation, and digital infrastructure.

Continue Reading

Trending