The Sun News
  • Air Peace burglary report unproven –NCAA

    Airline accuses agency of cover-up Louis Ibah, Lagos The Nigerian Civil Aviation Authority (NCAA) says the burglary attempt on the cargo compartment of an Abuja-bound Air Peace aircraft on Runway 18R of the Murtala Muhammed Airport, Lagos, was unfounded. The incident was reported last week Thursday to Control Tower officials by the Pilot-in-Command (PIC) of…

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  • Lekki Deep Seaport: NPA paid only $23m out of $110m equity  share

    Isaac Anumihe  Acting Director General of the Infrastructure Concession regulatory Commission (I RC) has accused the Nigerian Ports Authority (NPA) of frustrating the development of the over $1.5 billion Lekki Deep Seaport project following its failure to pay $110.9 million equity share for  the project in full.  According to the ICRC boss, Engneer Chidi Izuwah, the…

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  • Banana peels Nigeria’s surviving airlines must avoid

    Louis Ibah  A fortnight ago, Med-View Airlines announced the suspension of its Lagos-Abuja-Dubai operations which it launched on December 7, 2017 with a lot of fanfare. The suspension, according to the airline’s Managing Director/CEO, Mr. Muneer Bankole, became necessary following the breakdown of the only aircraft (a Boeing 767) which it deploys on that route….

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  • How fuel subsidy hurts economy

    Adewale Sanyaolu Unless concrete steps are taken by the Federal Government to address the galloping rate of fuel subsidy payment, Nigerians may wake up one day to discover that more than half of the nation’s budget will go into the payment of fuel subsidy. First to test the waters in giving Nigerians an inkling of…

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  • Nigeria’s unemployment bug: Time bomb waiting to explode

    …30m youths unemployed as NBS doubts FG’s job creation claim Bimbola Oyesola, Wale Sanyaolu; Nwokediba Micheal Nigeria’s unemployment statistics are gradually assuming a freightening dimension like a time bomb waiting to explode. According to National Bureau of Statistics (NBS) the nation’s current rate of joblessness is put at 18.8 per cent up from 14.2 per cent…

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  • Osibanjo commissions N4.1bn Nestlé RTD factory in Agbara

    Steve Agbota; Charles Nwaoguji Vice President, Professor Yemi Osinbajo, last week commissioned N4.1 billion Nestle  Milo Ready-To-Drink (RTD) beverage production plant set up to meet the growing consumers demand in Agbara, Ogun state. The plant, which is equipped with the state of the art technology and adopts high safety and environmental standards and the investment would …

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  • Why Nigerian manufacturers should invest in renewable energy

    Charles Nwaoguji Nigerian consumers have continued to bear the brunt of rising production cost in the manufacturing industry. But in order to reduce his spending the same consumers now go for the cheaper options, which are usually imported into the country. This is often preferred because when the cost of energy is factored into production…

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  • How weapon-laden container disappeared from Apapa Port

    Isaac Anumihe The unsavoury consequences of the absence of scanners at the Nigerian ports resurfaced last week when a container laden with dangerous  weapons and military camouflage uniforms was ‘flown’ out of Apapa Port  in the full glare of security agencies at the ports. These agencies include, Department of Security Services (DSS), Port Health,  Nigeria…

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