Category: Business

  • Presidential spokesperson Dare speaks on venture architecture for global scale at Imperial College London

    Presidential spokesperson Dare speaks on venture architecture for global scale at Imperial College London

    LONDON, United Kingdom (NPA) — The Special Adviser to President Bola Ahmed Tinubu on Media and Public Communications and presidential spokesperson, Mr Sunday Dare, has urged governments, private investors and start-ups to focus on building strong institutional and operational structures capable of supporting sustainable growth and global expansion.

    Dare made the submission on Thursday, September 10, as the keynote speaker at the 2026 Investors Connect held at Imperial College London, United Kingdom.

    The event was held under the theme, “Building for Global Scale: The Venture Architecture That Attracts Institutions and Funds.”

    In a statement issued on Sunday, Dare shared key observations from his presentation, describing them as useful lessons for both government and operators in the private investment and start-up ecosystem.

    He said scalability was not driven by ambition alone but depended on the structures and systems built around an idea, product or enterprise.

    Among the key assertions from his presentation were:

    1. “Scale is not simply a function of ambition; it is a function of architecture.”
    2. “A good idea is not necessarily a scalable idea.”
    3. “Early success is not scale, and a successful pilot is not the same thing as impact at scale.”
    4. “Capital is indispensable to growth, but capital does not automatically create scalability. It accelerates what has already been designed and built to scale.”
    5. “Reach is not scale. What matters is whether that reach can be sustained, expanded and converted into trust, adoption and value.”
    6. “A good product is not enough, and the existence of a large potential market is not enough either.”
    7. “The real question is not simply whether the market exists, but whether you have built an enterprise capable of serving that market at scale.”
    8. “Scale does not always require building everything yourself. Sometimes it comes from bringing together capabilities, networks and strengths that already exist separately.”
    9. “The critical question may not simply be, ‘What more must I build?’ but also, ‘Who already has the market access, infrastructure, knowledge or capability that can help us scale faster?’”
    10. “An idea may begin with an individual, but if it is to achieve genuine scale, it must eventually become bigger than its originator.”
    11. “Demand does not produce scale by itself. There must be an architecture capable of converting demand into access, transactions and sustained growth.”
    12. “Government does not always have to be the entity doing the scaling. Sometimes its most consequential role is to create the conditions in which others can scale.”
    13. “Regulatory risk is investment risk.”
    14. “Global scale is not the ability to reproduce exactly the same model everywhere. It is the ability to preserve what makes your model valuable while adapting sufficiently to the economics, behaviour and institutions of each market.”
    15. “Population by itself is not an economic advantage. Demography becomes an advantage when people are equipped with the skills, opportunities and productive capacity to create value.”
    16. “The people architecture must be as scalable as the technology architecture.”
    17. “Institutional capital ultimately wants to invest in an institution, not permanent dependence on an individual.”
    18. “Activity is not impact, and pilot success is not population-level success.”
    19. “There is a fundamental difference between budgeting for an outcome and financing its delivery.”
    20. “The real test of an idea is not simply whether it works, but whether the architecture exists for it to work repeatedly, for many more people, under different market conditions, under greater pressure and complexity, and long after the individuals who first conceived it have moved on.”

    Dare said the lessons were relevant to governments seeking to create enabling environments for businesses and investors looking for ventures capable of achieving sustainable growth beyond their initial markets.

    He noted that successful ventures must develop structures that can withstand increasing demand, complexity and institutional expectations, rather than relying solely on the vision or capacity of their founders.

    The presidential spokesperson also emphasised the importance of partnerships, regulatory stability, human capital and institutional capacity in creating enterprises capable of attracting long-term investment and achieving global scale.

  • X updates Terms of Service, introduces changes to dispute resolution

    X updates Terms of Service, introduces changes to dispute resolution

    SAN FRANCISCO, United States (NPA) — X Corporation has announced updates to its Terms of Service, with the new provisions scheduled to take effect on October 9, 2026.

    The company, in a statement issued on September 9, 2026, said the changes were intended to clarify several provisions governing users’ relationship with the platform, including dispute resolution, class action and jury trial waivers, and responsibilities for user content.

    Under the updated provisions on governing law and disputes, X said that for users outside the European Union, EFTA States and the United Kingdom, disputes will be handled in courts in Texas under Texas law.

    The company said it had also added a provision stating that where the court venue specified in the Terms cannot be used, the dispute will be resolved through arbitration.

    X said it had further provided specific examples of its corporate affiliates to which the relevant provisions apply.

    On class actions and jury trials, the company said the updated Terms state that, where permitted by law, users and X waive the right to a jury trial.

    As in its previous Terms, X said users and the company also waive the right to bring or participate in a class, collective or other representative action against each other. The provision applies to all users and, to the extent permitted by law, also extends to X’s corporate affiliates.

    The company has also updated its provisions on user content responsibilities, saying the changes are intended to better reflect that users are responsible for their use of the Services, including features that perform autonomous actions on their behalf.

    For users of X services in the European Union, EFTA States and the United Kingdom, the company said additional clarification had been made regarding the application of Irish law.

    According to X, the choice of Irish law does not remove protections that cannot legally be waived under the laws of the country where a user resides.

    The company encouraged users to read the updated Terms in full, noting that the provisions govern their use of X and its services.

    X said users who continue to use its products or services on or after October 9, 2026, will be deemed to have agreed to the updated Terms of Service.

  • Nigeria’s Education Minister of State joins UNESCO roundtable on AI in education

    Nigeria’s Education Minister of State joins UNESCO roundtable on AI in education

    PARIS, France (NPA) — Nigeria’s Minister of State for Education, Dr Suwaiba Said Ahmad, has participated in a UNESCO ministerial roundtable on Artificial Intelligence (AI) in Education as part of the Digital Learning Week 2026 in Paris.

    The minister joined representatives from 25 countries at the session, which focused on the opportunities and challenges associated with the use of AI in education.

    Ahmad said Nigeria’s experience with AI in education was not theoretical, noting that while some Nigerian learners use AI regularly, others still lack reliable access to devices and internet connectivity.

    She said policies and initiatives must therefore help bridge the digital divide rather than widen it.

    “For Nigeria, this conversation is not a distant or theoretical one. Some Nigerian learners can use AI every day, while others still lack a reliable device or internet connection, so any solution we build has to close that gap rather than widen it,” she said.

    The minister said Nigeria’s National AI Strategy and Nigeria Data Protection Act provide a foundation for developing responsible AI systems in the education sector.

    She also highlighted the AskFME initiative and the Naija Teacher AI pilot, which she said had already onboarded 50,000 Nigerian teachers onto tools designed for mobile and offline use.

    According to Ahmad, these initiatives are helping to translate national policies into practical safeguards for classrooms.

    She stressed that every AI tool used in Nigerian classrooms must be assessed for accuracy, curriculum alignment, age suitability and data protection.

    “Our responsibility does not end there. Teachers and learners must be able to report problems, and any tool that keeps failing them must be corrected or withdrawn,” she said.

    The minister added that AI should complement teachers rather than replace critical thinking and curiosity among learners.

    “In Nigeria, a child who is unsure will always look to the teacher, and we want our children to gain from AI while staying curious and asking questions of their own,” Ahmad said.

  • Air Peace apologises for flight delays, cites weather, bird strikes, technical issues

    Air Peace apologises for flight delays, cites weather, bird strikes, technical issues

    LAGOS, Nigeria (NPA) — Air Peace has apologised to passengers over recent flight disruptions and delays, attributing the operational challenges to factors including a false fire alarm, adverse weather conditions, bird strikes, technical issues and delays in the availability of aviation fuel.

    In a statement signed by the airline’s Chief Operating Officer (COO), Oluwatoyin Olajide, on Tuesday, September 8, 2026, Air Peace said it was taking immediate steps to stabilise its operations and strengthen contingency measures.

    The airline also said it was working to improve communication and responsiveness whenever unforeseen operational challenges occurred.

    Air Peace stressed that safety remained its priority, assuring passengers that aircraft would only be released for service after all required safety procedures had been satisfactorily completed.

    “Safety will never be compromised for scheduling,” the airline said.

    The airline acknowledged that the disruptions had inconvenienced passengers, with some travellers kept waiting or having their journeys disrupted.

    “To every passenger inconvenienced, kept waiting, or disrupted in their journey, we sincerely apologise,” Olajide said.

    He added that Air Peace appreciated the patience, understanding and continued confidence of its passengers.

    The airline reaffirmed its commitment to providing safe, dependable and seamless air travel while improving the quality and reliability of its services.

  • Brent crude rises above $100 a barrel as Middle East conflict intensifies

    Brent crude rises above $100 a barrel as Middle East conflict intensifies

    SINGAPORE, Singapore (NPA) — Brent crude oil prices have risen above $100 a barrel for the first time since July 24, as intensifying conflict in the Middle East raises concerns about disruptions to oil supplies from the region.

    Brent crude futures climbed as high as $100.19 a barrel on Wednesday before easing to $99.93, up $2.01 or 2.05 per cent, by 0802 GMT. U.S. West Texas Intermediate (WTI) crude also rose $1.49, or 1.60 per cent, to $94.52 a barrel.

    Brent has gained about 25 per cent since early August, as hopes for a permanent resolution to the six-month-old U.S.-Iran conflict continue to fade.

    Since the war began on February 28, Brent has climbed as high as $126.41 a barrel, a level reached on April 30.

    The latest escalation has heightened concerns over oil supplies, following attacks by Iran-backed Houthis on Saudi energy facilities that set oil installations ablaze and raised fears of a wider regional conflict.

    The attacks have also raised concerns about crude shipments through the Red Sea, which has served as an alternative route to the Strait of Hormuz, where oil flows have been severely curtailed since the start of the conflict.

    Hamad Hussain, senior climate and commodities economist at Capital Economics, said market participants appeared to be pricing in a longer Middle East conflict and the possibility that the latest military escalation could disrupt regional oil flows.

    He identified the impact of attacks on oil tankers on ship-to-ship transfers in the Gulf of Oman as a key risk, noting that such transfers had helped supply global markets and limit price increases.

    Several major banks, including Goldman Sachs, Bank of America and HSBC, have raised their crude oil price forecasts in recent days.

    According to Rystad Energy Chief Economist Claudio Galimberti, between 8 million and 9 million barrels per day (bpd) had flowed through the Strait of Hormuz in the week before fighting resumed on August 30, twice the volume recorded the previous week. More recently, flows had fallen below 2 million bpd.

    Jeffrey Currie, co-chairman at Abaxx Markets, said the increase in energy prices should not be viewed as a temporary development, describing it as a structural rise linked to heightened security risks.

    Meanwhile, non-OPEC producers, including the United States, Canada and Guyana, have increased output. However, the International Energy Agency (IEA) said last month that it expected global oil supply to fall by 4.3 million bpd, or about 4 per cent, this year.

  • Nigeria’s merchandise trade rises 19.13% to ₦41.44tn in Q2 2026 — NBS

    Nigeria’s merchandise trade rises 19.13% to ₦41.44tn in Q2 2026 — NBS

    ABUJA, Nigeria (NPA) — Nigeria’s total merchandise trade rose to ₦41.44 trillion in the second quarter of 2026, representing a 19.13 per cent increase from the ₦34.79 trillion recorded in the first quarter, according to the latest Foreign Trade Statistics Report by the National Bureau of Statistics (NBS).

    The figure also represents a 5.61 per cent increase compared with the ₦39.24 trillion recorded in the second quarter of 2025.

    The NBS disclosed the figures in its Q2 2026 Foreign Trade Statistics Report released on Monday, September 7, 2026.

    According to the report, Nigeria recorded total exports of about ₦27 trillion during the quarter, while imports stood at approximately ₦14.4 trillion, resulting in a trade surplus of ₦12.59 trillion.

    The report showed that crude oil remained a major component of the country’s exports, accounting for ₦12.91 trillion, while other petroleum oil products contributed ₦10.38 trillion.

    Non-oil exports included raw materials valued at ₦2.31 trillion, agricultural goods at ₦802.99 billion, manufactured goods at ₦393.03 billion and solid minerals at ₦146.91 billion.

    On the import side, manufactured goods dominated with ₦9.51 trillion, representing 65.99 per cent of total imports. Raw materials accounted for ₦1.79 trillion, agricultural goods ₦1.20 trillion and other petroleum oil products ₦1.08 trillion.

    Reacting to the figures, the Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, Bayo Onanuga, OON, CON, described the report as another indication of what he called the positive impact of the administration’s economic reforms.

    Onanuga said the latest figures showed that Nigeria’s trade surplus was surging despite criticism of the administration’s economic policies by opposition groups ahead of the 2027 presidential election.

    He said the country had recorded its 11th consecutive trade surplus since President Tinubu assumed office in May 2023, and its 14th surplus since the fourth quarter of 2022.

    According to Onanuga, Nigeria’s trade volume has also increased significantly under the Tinubu administration.

  • Ebonyi Govt offers free CAC registration for small businesses

    Ebonyi Govt offers free CAC registration for small businesses

    ABAKALIKI, Nigeria (NPA) — The Ebonyi State Government has launched a programme to support small and medium-scale businesses in the state by providing free registration with the Corporate Affairs Commission (CAC).

    The initiative is aimed at helping businesses operating informally to obtain legal recognition and gain access to opportunities such as finance, grants and other sector-specific funding provided by the state, Federal Government and international development partners.

    The intervention is expected to strengthen the formal business structure in the state, improve access to funding and contribute to the growth of Ebonyi’s economy and Gross Domestic Product (GDP).

    According to a flyer announcing the scheme, released on Sept. 4 by Leo Ekene Oketa, Special Assistant to the Governor on New Media, the initiative is titled “Get Free CAC Registration: Taking Ebonyi Businesses from Informal to Formal.”

    The programme is being implemented through the Ebonyi State Small and Medium Enterprises Development Agency (EBSMEDA).

    The statement said the initiative was designed to give entrepreneurs a stronger foundation to operate, access opportunities and grow their businesses with greater confidence.

    “Starting and growing a business is easier when the right support is available. That is why the Ebonyi State Government, through EBSMEDA, is once again providing FREE CAC registration for businesses in the State.

    “Simply, this is formalising a business, giving entrepreneurs a stronger foundation to operate, access opportunities and grow with greater confidence.

    “It is another practical intervention by the administration of Governor Francis Ogbonna Nwifuru to remove some of the barriers facing Ebonyi entrepreneurs and make it easier for small businesses to thrive,” the statement said.

    The scheme is open to entrepreneurs and businesses seeking to register as a Limited Liability Company (LLC).

    Applicants are required to provide a passport photograph, a valid means of identification such as NIN, international passport, driver’s licence or voter’s card, as well as a scanned signature.

    Applicants must also provide their full name, date of birth, gender, phone number, residential address, Local Government Area and state of origin, email address, occupation and NIN.

    For company registration, applicants are required to provide three proposed business names, business address and state, nature or description of the business and shareholding structure, where applicable.

    The state government said the intervention reflected its commitment to removing barriers to entrepreneurship and creating an enabling environment for businesses to thrive.

    “A government that supports business is a government investing in the people,” the statement said.

    It added that the initiative was being implemented under the People’s Charter of Needs of the Nwifuru administration.

    Interested entrepreneurs have been directed to visit the Staff Development Centre, behind St. Patrick’s Catholic Church, Abakaliki, for further enquiries.

  • Nigeria’s EV market could save nearly ₦10tn by 2040 — RMI

    Nigeria’s EV market could save nearly ₦10tn by 2040 — RMI

    LAGOS, Nigeria (Agency Report) — Nigeria’s electric vehicle (EV) market could generate cumulative savings of nearly ₦10 trillion by 2040, according to the Rocky Mountain Institute (RMI).

    The analysis was presented on Tuesday during an RMI webinar on electric mobility in Nigeria and Kenya, with a focus on two- and three-wheelers.

    RMI, an independent non-profit think-and-do tank focused on accelerating the transition to a clean, prosperous and secure low-carbon energy future, said Nigeria’s local conditions offered significant potential for EV adoption, particularly for two-wheelers where grid charging was available.

    The institute said a high-adoption scenario could deliver nearly 500 megatons of cumulative carbon dioxide savings by 2060.

    According to RMI, the transition to electric mobility could support cleaner transport, local manufacturing and job creation while reducing mobility costs.

    It said Nigeria needed stronger demand incentives, supply-side regulations and support for domestic EV manufacturing to accelerate adoption.

    RMI said fuel-efficiency standards or a zero-emission vehicle availability standard could rapidly expand the country’s EV market.

    It also called for carefully designed incentives to encourage domestic manufacturing, create jobs and strengthen Nigeria’s emerging electric mobility industry.

    The institute said affordable financing would enable consumers and businesses to acquire EVs and benefit from their lower operating costs, while charging infrastructure needed to be rapidly deployed with Nigeria’s electricity realities and grid readiness in mind.

    RMI said EVs should not be viewed only as an additional burden on the electricity system, arguing that they could be managed to support grid operations while creating opportunities for electricity utilities.

    The institute said its recent EV policy roadmap for Nigeria examined measures needed to develop a stronger policy framework for the sector.

    Speaking at the webinar, Mr Olaoluwa Faniyi, Chief Technology Officer and co-founder of SunFi, said Nigeria could accelerate electric mobility through decentralised solar charging and battery-swapping infrastructure.

    Faniyi said EV adoption remained extremely low, with electric vehicles accounting for less than one per cent of vehicles on Nigerian roads.

    He attributed the slow adoption partly to electricity challenges, noting that the national grid generated about 4,000 megawatts for more than 200 million people.

    He added that Nigeria had fewer than 50 public EV charging stations, limiting access to reliable charging infrastructure.

    According to Faniyi, decentralised solar installations could provide the backbone for off-grid EV charging and battery-swapping networks, expanding access to electric mobility without placing additional pressure on the constrained national grid.

    He said commercial two- and three-wheelers should be viewed as opportunities for Nigeria’s energy, transport and climate transition, adding that electric mobility could enable drivers to reduce operating costs while creating sustainable income-generating opportunities.

    Faniyi also called for policies supporting the wider clean mobility value chain rather than focusing mainly on finished electric vehicles.

    He proposed zero tariffs on standalone lithium batteries, solar charging equipment and other key components required for electric mobility, saying lower duties could attract infrastructure investment, strengthen charging systems and reduce barriers to private-sector investment.

    Mr Dustin Kahler, EV Industry Advisor at Upeo.Earth, said African EV users were predominantly commercial operators, making operating costs critical to electric mobility economics.

    Kahler said commercial EV operators in East Africa could achieve between 30 and 40 per cent savings in total cost of service.

    He identified high borrowing costs as a major obstacle to wider EV adoption, while noting that supply-side financing constraints also affected manufacturers and battery-swapping companies.

    The Market Intelligence and Research Manager at Shell Foundation, Mr Habib Nuhu, called for greater mobilisation of domestic capital to finance Nigeria’s EV transition.

    Nuhu said local banks, pension funds and other financial institutions needed to recognise electric mobility as a commercially viable industry.

    He said much of Africa’s current EV financing came from outside the continent and was denominated in foreign currencies, exposing businesses earning local-currency revenue to additional currency risks.

    According to him, stronger domestic financing could help Nigerian businesses access capital better suited to local market conditions.

    Nuhu also advocated sector-wide risk-sharing schemes to spread lending risks and encourage financial institutions to finance EV assets.

    He said lower financing costs, combined with reduced import duties, could make electric motorcycles more affordable for commercial riders.

    Nuhu cited experiences from India, Rwanda and Kenya as evidence that zero-duty policies could support EV adoption.

    “One of the lessons we’ve also learned is not to be too dependent on the government and hope that the government is moving at the same speed that the industry requires to evolve,” he said.

    He urged private-sector players to develop solutions that complemented government policies and responded quickly to industry needs.

    The panel also identified standardised charging and battery-swapping infrastructure as important to Africa’s electric mobility growth.

    Speakers said stronger collaboration across African markets could enable countries to share lessons on policy, financing, infrastructure and local manufacturing.

    For Nigeria, they said stronger domestic investment, cleaner energy and reliable charging infrastructure could unlock the economic and environmental benefits of electric mobility.

  • U.S. investors account for 60% of external capital in Nigeria’s tech ecosystem — Consul General

    U.S. investors account for 60% of external capital in Nigeria’s tech ecosystem — Consul General

    LAGOS, Nigeria (Agency Report) — The United States Consul General in Lagos, Mr Brandon Hudspeth, says U.S.-based investors have remained the largest source of external capital for Nigeria’s technology ecosystem over the past decade.

    Hudspeth made the assertion on Wednesday in Lagos during a GITEX Nigeria panel discussion titled, “From Startup to Scale-Up: Building Globally Competitive Businesses through U.S.-Nigeria Partnerships.”

    The Consul General said U.S.-sourced funding currently accounts for about 60 per cent of all external capital entering Nigeria’s technology ecosystem.

    He said the investments were coming from major American companies and venture capital firms supporting Nigeria’s rapidly growing technology and innovation sector.

    “For the past 10 years, U.S.-based investors have consistently been the largest source of external capital in the Nigerian tech ecosystem.

    “U.S.-sourced funding accounts today for 60 per cent of all external capital entering the Nigerian tech ecosystem, and it is coming from everywhere,” Hudspeth said.

    He listed Visa, Google, Mastercard, Microsoft, Uber and PayPal among major U.S. companies contributing to Nigeria’s technology ecosystem, alongside smaller American venture capital firms.

    According to him, the scale of existing investments demonstrated the enormous potential for stronger partnerships between Nigerian entrepreneurs and U.S. companies.

    “For that reason, I am absolutely thrilled to be here at GITEX Nigeria, and in my new role as Consul General, because I know there is enormous potential for these partnerships to grow even further,” he said.

    Hudspeth said stronger collaboration between Nigerian entrepreneurs and U.S. businesses would create jobs, deliver services and contribute to prosperity on both sides of the Atlantic.

    “I know that there is a collaboration that will bring prosperity on both sides of the Atlantic, create jobs on both sides of the Atlantic and deliver services on both sides of the Atlantic,” he said.

    He said the partnerships were helping the Nigerian public and private sectors accelerate innovation, scale businesses and develop solutions capable of competing globally.

    The diplomat added that leading American technology companies were already supporting Nigeria’s technology ecosystem through skills development and capacity building.

    “U.S. companies are working today to help build the Nigerian talent pool. Companies like Google, Cisco, Meta and Microsoft are training hundreds of thousands of people in the tech and AI sectors,” he said.

    Hudspeth said the U.S. Consulate in Lagos was committed to supporting technology companies, promoting inclusive prosperity, facilitating business partnerships and connecting Nigerian entrepreneurs with U.S. counterparts.

    He said such efforts were being pursued substantially through the U.S. Commercial Investment Partnership.

    “At the Consulate, we are working to support these entities, drive equal prosperity, facilitate deals and bring Nigerian entrepreneurs together,” he said.

    Hudspeth urged Nigerian entrepreneurs and U.S. technology companies to deepen collaboration in developing innovative solutions and creating opportunities capable of delivering shared prosperity.

    “We are working together with leaders to build innovative solutions, use technology to create opportunity and prosperity for all of us.

    “That is why we are here and why I am here to work together as we grow this partnership,” he said.

    The Consul General expressed optimism that discussions at GITEX Nigeria would expose new opportunities for collaboration and investment between Nigerian startups and American companies.

    “I believe that among us today are the developers of the next six unicorns on the continent of Africa,” he said.

    The panel, hosted in partnership with the American Business Council, featured representatives of Amazon Web Services, All Talentz, DigitA and IHS Towers.

    The News Agency of Nigeria (NAN) reports that GITEX Nigeria brings together technology companies, startups, investors, entrepreneurs and innovators to explore opportunities shaping the digital future of Nigeria and West Africa.

    NAN

  • Akwa Ibom expands Ibom Air fleet with new Airbus A220-300

    Akwa Ibom expands Ibom Air fleet with new Airbus A220-300

    LAGOS, Nigeria (NPA) — The Akwa Ibom State Government has expanded the fleet of its state-owned airline, Ibom Air, with the arrival of a brand-new Airbus A220-300 at the Victor Attah International Airport.

    Governor Umo Eno announced the development in a statement on Tuesday, describing the aircraft’s arrival as another major step in the growth of the state’s aviation sector.

    Eno said the state was also investing in the training of its people as part of a broader strategy to develop its aviation industry, grow the economy and position Akwa Ibom as a regional aviation hub.

    According to the governor, 14 of Ibom Air’s 30 pilots and 16 of its 40 aircraft engineers are Akwa Ibom indigenes trained by the state government, while more personnel are currently undergoing training.

    “Today, we received another brand-new Airbus A220-300 into the Ibom Air fleet at the Victor Attah International Airport, marking another major step in the growth of our aviation sector,” Eno said.

    The governor thanked the President of the Senate, Senator Godswill Akpabio, for joining the state at the event and for his continued support.

    He also expressed appreciation to President Bola Ahmed Tinubu and the Minister of Aviation and Aerospace Development, Festus Keyamo, for their support in granting international status to the airport and advancing the state’s aviation development.

    “Beyond expanding the fleet, we are investing in our people,” Eno said.

    “Today, 14 of Ibom Air’s 30 pilots and 16 of its 40 aircraft engineers are Akwa Ibom indigenes trained by the State Government, while more are currently undergoing training.”

    Eno said the arrival of the aircraft also marked the beginning of the commissioning of 39 projects to commemorate the 39th anniversary of Akwa Ibom State.

    The projects are being commissioned under the anniversary theme, “Our Moment of Gratitude.”

    The governor said the investments in aviation infrastructure, human capital and other sectors form part of his administration’s efforts to accelerate economic development and expand opportunities for the people of Akwa Ibom State.