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Release $717.4m trapped funds to foreign airlines, Senate Urges CBN
The central Bank of Nigeria on Wednesday has been asked to release trapped $717,478,606 airlines funds in the country.
The Senate made the call to CBN while also allocating the sum of $25 million to airlines operating in Nigeria at its fourth-nightly dollar auction.
These resolutions were reached sequel to the consideration of a motion titled, ‘Current Issues on airlines blocked funds in Nigeria’, sponsored by Sen. Biodun Olujimi (PDP-Ekiti) at the plenary in Abuja and chaired by the Senate Committee on Aviation.
The vice chairman of the committee, Sen. Bala Na’Allah (APC-Kebbi) presented the motion on behalf of Olujimi.
The upper chamber of the National Assembly also called on the Federal Government to urgently reverse the current trend of increasing airlines blocked funds in Nigeria.
It called on President Muhammadu Buhari to direct the CBN Governor, Godwin Emefiele, to pay up the blocked funds to the affected airlines.
The Senate further appealed to the airlines operating in the country not to withdraw their services, saying efforts were ongoing to resolve the issue.
Moving the motion, Na’Allah said since January 2021, Nigeria has been the most challenging country in the world for the airlines to repatriate their funds to support their operation.
In February, Nigeria alone accounted for 44 per cent of total airlines blocked funds in the entire world.
The total airlines blocked funds in Nigeria as of March amounted to $717.4 million comprising matured bids that the CBN was yet to deliver, bids yet to mature, and cash balances in airlines’ accounts for repatriation.
News
Jega loses wife, Hajiya Hadiza
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
The Special Adviser to the President on Livestock Development, Prof. Attahiru Jega, has lost his wife, Hajiya Hadiza Jega.
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
Vice President Kashim Shettima, who represented the President at the janazah (Islamic funeral rites) yesterday at the National Mosque in Abuja, conveyed the President’s heartfelt sympathy to the bereaved family.
President Tinubu described the late Hajiya Hadiza as a woman of uncommon grace and strength, noting that she played a pivotal role as a steady support system to her husband throughout his years of public service, including his tenure as chairman of the Independent National Electoral Commission.
A statement in Abuja by his Special Adviser on Information and Strategy, Bayo Onanuga, said that the President also applauded her contributions to education and community development, highlighting her quiet but impactful influence in advancing social causes.
News
Atiku hires US lobbying firm for $1.2m to boost image – Report
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Ex-Vice-President Atiku Abubakar has hired a Washington-based lobbying firm, Von Batten-Montague-York, L.C., to strengthen his reputational standing in the United States.
The PUNCH reported that the details of the deal are contained in documents filed with the U.S. Department of Justice, which show that the agreement was signed on March 9 and 10, 2026, by the firm’s managing partner, Karl Von Batten, and Nigerian politician Fabiyi Oladimeji on behalf of the former vice president.
According to the filing sighted on the Department of Justice ’s website on Sunday, the contract is aimed at shaping perceptions of Atiku within U.S. policy circles and countering narratives linked to the Nigerian government.
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Under the arrangement, the firm is expected to facilitate meetings between the former vice-president and U.S. government officials, including members of Congress, as well as provide advisory services on policy positioning and engagement strategy.
“These activities include lobbying and government affairs engagement with Members of Congress, congressional staff, and executive branch officials concerning issues related to democratic governance, regional stability, economic development, and U.S. engagement with Nigeria and the broader West African region,” part of the contract reads.
The firm will also undertake “promotion, perception management, and public relations activities designed to enhance understanding among U.S. policymakers and relevant stakeholders” of Atiku’s positions.
News
Kaduna Mando Garage Explosion Not Bomb- Police
The command’s Public Relations Officer, DSP Mansir Hassan, said in a statement that the incident occurred at about 3:00a.m. on Sunday at the premises of Silver Luxury Travel, a bus company operating at Mando Garage, Kaduna.
The Kaduna State Police Command has confirmed that an explosion at the Lagos Garage Terminus in Mando area of Kaduna State today wasn’t a bomb explosion, but a CNG-powered luxury bus that ruptured after its gas tank was overfilled.
The incident occurred during the early hours of Sunday with the loud blast drawing attention from commuters, traders, and nearby residents, prompting a swift response from emergency services.
The command’s Public Relations Officer, DSP Mansir Hassan, said in a statement that the incident occurred at about 3:00a.m. on Sunday at the premises of Silver Luxury Travel, a bus company operating at Mando Garage, Kaduna.
He said detectives were immediately deployed to the scene after a loud sound was reported, and that the vehicle has been safely evacuated, while normal business activities have since resumed at the motor park.
He noted that no casualties or loss of property were recorded, and normal activities had since resumed in the area.
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