Connect with us
nairametrics
UBA ads

Business News

Confusion rocks Medview as NCAA’s plan to withdraw license threaten job

Plans by the Nigerian Civil Aviation Authority (NCAA) to withdraw the operating license of Medview Airlines has caused confusion in the company.

Published

on

Medview Airlines to increase aircraft fleets, Medview Airlines get bank loan, Air Peace Boeing 737 Max, Medview, Medview

Plans by the Nigerian Civil Aviation Authority (NCAA) to withdraw the operating license of Medview Airlines has caused confusion in the company as the NCAA decision threatens sack of workers who don’t understand what Chief Executive Officer, Muneer Bankole, is doing with the airline.

The move to withdraw the Air Operating Certificate of Medview Airlines was caused by the lack of scheduled operations by the domestic airline. It was stated that NCAA frowns at the company’s shutdown of scheduled operation for a long period.

UBA ADS

The scheduled operation had been shutdown for about three months due to Medview’s aircraft continuous stay at a maintenance facility, The Nation reported citing an anonymous source.

When NCAA will take action: According to a worker at Medview, NCAA planned to withdraw the license on November 10, but NCAA spokesperson, Sam Adurogboye, said Medview has till the end of November.

NCAA downgraded the operation of Medview Airline to non-scheduled operations in line with the provisions of the civil aviation regulation and it has directed Medview to begin chartered operation before November ending to avoid losing its Air Operating Certificate.

GTBank 728 x 90

[READ MORE: Medview Airline Plc soars with ₦ 1.5 billion profit in 2017]

The downgrade was a last resort to keep Medview in operation until it gets back to its feet. Medview is unable to operate schedule operation due to the number of aircraft available for flight. Schedule operation requires at least two planes, while non-scheduled operations require just one.

“The position of NCAA on Med-View is they should ensure that they start using their AOC for charter operations only between now and November ending. Failure to which their AOC will lapse in line with the provisions of Nig. CARs,” Adurogboye said.

Deal book 300 x 250
onebank728 x 90

Confusion rocks Medview: According to a worker, there seems to be no hope for Medview as no one understands the managerial decision of Bankole. And this has led to some workers exiting the company, “Despite efforts by the management, there is no hope on the horizon.

“We learnt that the NCAA will withdraw the licence by November 10. Everyone is afraid. I know some colleagues that had simply sought new jobs and moved on. Even me, I have been submitting my résumé for jobs lately. Nobody seems to understand what the CEO is doing with the airline.”

app
GTBank 728 x 90
Patricia

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: [email protected]

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Economy & Politics

Just in: Buhari suspends EFCC boss, Ibrahim Magu from office

The suspension follows the investigation of allegations of gross misconduct against him on Monday.

Published

on

EFCC to help AMCON recover bad debts

President Muhammadu Buhari has approved the suspension of the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, from office. The suspension follows the investigation of allegations of gross misconduct against him on Monday.

According to available information, Magu was suspended to allow for probe into allegations against him.

UBA ADS

The EFCC boss appeared before a presidential probe panel headed by retired Justice Ayo Salami, who is investigating the allegations against him.

Details later…

GTBank 728 x 90
Patricia
Continue Reading

Economy & Politics

Reps to investigate alleged illegal withdrawal of $1.05 billion from NLNG account

Gbajabiamila mandated the House to conduct a thorough investigation on activities of the dividends account.

Published

on

Reps to investigate alleged illegal withdrawal of $1.05 billion from NLNG account

The House of Representatives has concluded plans to investigate the alleged illegal withdrawal of $1.05 billion from Nigeria Liquefied Natural Gas (NLNG) account by the Nigeria National Petroleum Corporation (NNPC) without its knowledge and appropriation.

The decision by the lower chamber is on the heels of a unanimous adoption of a motion by the Minority Leader of the House, Ndudi Elumelu, during plenary session on Tuesday, July 7, 2020.

UBA ADS

Going down memory lane, Elumelu recalled that the NLNG was incorporated as a limited liability company in 1989 with the aim of producing liquefied natural gas and natural gas liquids for export purposes which began in 1999.

He pointed out that the NLNG is jointly owned by the Federal Government, represented by the NNPC with a shareholding of 49% and Shell Gas with 25.6%, Total LNG Nigeria Ltd with 15% and ENI International with 10.4%.

READ MORE: Nigeria’s debt rises to $79.5 billion, as debt to revenue ratio worsens

GTBank 728 x 90

The Minority leader said, “The dividends from the NLNG are supposed to be paid into the Consolidated Revenue Funds Account of the Federal Government and to be shared among the three tiers of government.’’

Going further in his motion, Elumelu said, “The NNPC who represents the government of Nigeria on the board of the NLNG had unilaterally without the required consultations with states and the mandatory appropriation from the National Assembly illegally tampered with the funds at the NLNG dividends account to the tune of 1.05 billion dollars thereby violating the nation’s appropriation law.

“There was no transparency in this extra-budgetary spending as only the Group Managing Director and the corporation’s Chief Financial Officer had the knowledge of how the 1.05 billion dollars was spent.’’

onebank728 x 90

‘’There are no records showing the audit and recovery of accrued funds from the NLNG by the Office of the Auditor General of the Federation. Hence the need for a thorough investigation of the activities on the NLNG dividends account.

In his ruling, the Speaker of the House, Femi Gbajabiamila, mandated the House Committee on Public Account to conduct a thorough investigation on activities that had taken place on the dividends account.

Gbajabiamila mandated the committee to invite the management of the NNPC as well as that of the NLNG in the process and report back to the house in four weeks.

app
GTBank 728 x 90

 

Patricia
Continue Reading

Coronavirus

COVID-19: We may recommend lockdown to ensure Nigeria’s safety – PTF

PTF on COVID-19 on Monday, Mustapha warned that the deadly virus is still spreading at an alarming rate.

Published

on

COVID-19: Reactions trail FG travel ban on 13 countries

The Secretary to the Federal Government and Chairman of the Presidential Task Force on COVID-19, Boss Mustapha, disclosed yesterday that the PTF will not shy away from the possibility of another lockdown, adding that the PTF will recommend it to the President who will make the final decisions.

While speaking during the national daily briefing by the Presidential Task Force (PTF) on COVID-19 on Monday, Mustapha warned that the deadly virus is still spreading at an alarming rate.

UBA ADS

“Therefore, we cannot afford to slow down and we must never compromise. Let us continue to learn from the history of pandemics by avoiding the mistakes of 1918.

“What happened in 1918 was very simple. During the Spanish Flu, it lasted for 2 years and in three waves, and during that period of time, 500 million people were infected, out of which they recorded fatalities of about 50 million persons. But the dangerous phase of the flu was the second phase,” Boss Mustapha said.

He added that the Spanish Flu lasted for 2 years of 1918 came in 3 waves, but the phase the most casualties were recorded was in the second phase. Adding that the impatience of people forced governments to lift lockdowns, and by the time the second wave arrived, millions died.

GTBank 728 x 90

READ MORE: FG may lift ban on interstate movement on June 21

He acknowledged that the possibility of lockdown would not be popular with Nigerians, however, “but what will happen in the preceding weeks will determine”, citing rising cases in the United States after the holiday weekend and a the newly imposed lockdown in Madagascar despite developing its “herbal cure”.

“I believe as the days and weeks ahead will present, we will not speculate what will happen in the future but we will do everything within our mandate to ensure the safety and protection of the people of Nigeria. If that will recommend a prescription of a lockdown, this task force will not shy away from its responsibilities.”

onebank728 x 90

He added that the recommendations of lockdown would be passed to President Buhari who will decide in the next 2 weeks.

“The PTF urged Nigerians to be vigilant, citing global developments in coronavirus in the past week from China to the United States.

“We urge that vigilance and care should be exhibited by all Nigerians irrespective of status. This virus does not discriminate and the PTF shall keep sustaining its sensitization messaging,” Mustapha stated.

app
GTBank 728 x 90

 

Patricia
Continue Reading