FG To Shut Nnamdi Azikiwe Airport For 6 Weeks

Published

8 years ago

December 20, 2016

FAB.NG

Hadi Sirika, minister of state for aviation, announced that the Nnamdi Azikiwe International Airport (NAIA), Abuja, will be closed for six weeks between February and March 2017.

Addressing reporters on Monday, Sirika said the closure was to allow Julius Berger carry out total re-construction on the badly damaged airport runway.

He said while the runway would still be put to use under the six months of rehabilitation, the six weeks would allow the mid-section of the runway to be reconstructed.

Sirika said President Muhammadu Buhari has approved the reconstruction through the emergency procurement procedure for work to commence.

This, according to him, is because of the centrality, economy and the importance of Abuja to the general administration of the country.

He said government could not afford to close down Abuja airport for a long time as palliative repairs had been ongoing at the runway in the last three months.

“From start to finish of the runway, it will take six months. However, we will be using the runway almost throughout the period except for about six weeks when the runway will be closed,” he said.

“That is when we are going to do the mid-section of the runway.

“The government has accepted the design done by the contractor. The runway will last for than 10 years on completion early next year.”

Sirika said Abuja bound passengers from any part of the world will use Kaduna airport as alternative during the six weeks closure to passengers.

He said arrangement had been finalised with Kaduna, adding that while the federal government will provide buses to convey the passengers to Abuja, the state government will provide security.

According to him, it will cost government substantial amount of money “but we think that palliative approach is wrong because three years down we will come back to do the same repairs.

“Therefore, we decided to go for the bigger option which is to do structural repairs if the runway which will take about six months to complete.”

On the bilateral air agreement with other countries, Sirika said government had signed BASA with 18 countries that Nigerians frequently visit and do business with.

The MOUs, he said, would give Nigeria the opportunity to operate air services with 18 countries.

“With this, we have the freedom to fly and land safely in other air space and this will assist in opening our market,” he said.

Source: thecable.ng

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

Published

2 days ago

October 30, 2024

Reporter

Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

“The Nigerian Official Section Committee (NOSC) selected the film for its relevant theme of diverse voices in decision-making and inclusive leadership and its visual and technical appeal,” the post said.

Acclaimed director Prince Daniel produced and directed the epic Hausa film “Mai Martaba.”

The Nigerian Official Selection Committee (NOSC) has selected as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The NOSC announced this decision in an official statement, praising the film’s powerful themes and visually captivating qualities.

“Mai Martaba” explores the complexities of power, love, greed, and betrayal within the context of an ancient African kingdom. The film presents a transformative tale that challenges conventions and celebrates female leadership. Notably, it offers a fresh perspective on the region’s rich cultural heritage.

The NOSC’s voting members are an impressive roster of industry luminaries. They include award-winning filmmaker and NOSC Chairperson Stephanie Linus. Victor Okhai, the President of the Directors’ Guild of Nigeria (DGN), is also a member. Veteran actress Omotola Jalade-Ekeinde is on the committee. Former DGN President Andy Amenechi is a member. Yibo Koko, a theatre practitioner, is on the committee. Writer/director Izu Ojukwu and prolific film producer Emem Isong are also members.

Additional members include Ali Nuhu, the Managing Director of the Nigerian Film Corporation (NFC). Kene Okwuosa, the Co-Founder and Group CEO of Filmhouse Cinemas, is a member. Director Dimeji Ajibola is on the committee. Writer/director Jude Idada is a member. Director John Njamah is on the committee. Actress/polyglot Meg Otanwa is a member. Producer/director Blessing Effiom Egbe is on the committee. Actress Ijeoma Grace Agu is a member. Journalist/film critic Victor Akande is on the committee.

“Mai Martaba” was filmed in Daura, Katsina State, Nigeria.

The film tells the story of an ancient kingdom that experienced a trade boom through the Trans-Saharan trade exchange, but then faced a fierce internal power struggle among the powerful Agadashawa ruling clan, leading to its downfall.

The film was released theatrically in Nigeria and also selected for the prestigious Septimius Awards in Amsterdam, the Netherlands.

The NOSC’s 15-member committee unanimously voted “Mai Martaba” as their top choice to represent Nigeria in the IFF category at the 97th Oscars.

The IFF Executive Committee will now determine the next stage for the film’s journey to the prestigious awards ceremony, which will be held on March 2, 2025, at the Dolby Theatre in Ovation Hollywood, Los Angeles, and broadcast live to over 200 territories worldwide.

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MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

Published

2 days ago

October 30, 2024

Reporter

Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

“I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega. From the… pic.twitter.com/q55TSODQMP

— SUPREMOS 🤍🐘 (@DONJAZZY) October 29, 2024

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

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BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

Published

2 days ago

October 29, 2024

Reporter

Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

“Our mission is to help our customers solve their challenges by making our platform more innovative, transparent, and secure. The proceeds from this raise will speed up our efforts to drive financial inclusion and support Africa’s entrepreneurial potential. I want to sincerely thank the entire Moniepoint team for making this achievement possible. We’ve been encouraged by the diversity and huge swathe of those who have found value in our platform and the services we provide in helping to create financial happiness. But, we’re just getting started, as it is just day one from here.”

DPI, Google’s Africa Investment Fund, and Verod have participated in Moniepoint’s latest fundraising round, joining the ranks of established investors such as QED Investors, Novastar Ventures, Lightrock, British International Investment, Global Ventures, Endeavour Catalyst, and New Voices Fund.

Get more business updates here.