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Air Peace CEO Onyema commends FG over recovery of assets leased to Nigerian airlines

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Barrister Allen Onyema, the Chairman/CEO of Air Peace, has commended the Federal Government for agreeing to guarantee aircraft leasing companies for the recovery of their assets leased to Nigerian airlines in case of default.

Onyema made the commendation when officials of Boeing air planes and officials of Aercap, led by Onyema, paid the Minister of Aviation and Aerospace Development, Festus Keyamo a courtesy visit.

He gave the assurance that the FG will support domestic airlines after aircraft manufacturers expressed the willingness to offer Nigerian carriers dry lease opportunities if certain conditions were met by the country.

Keyamo expressed the willingness of the FG to strengthen the capacity of Nigerian airlines to compete on the global stage and reiterated the resolve of the FG to guarantee the release of lessors’ assets to its owners from any defaulting Nigerian airline.

During the meeting, Keyamo said his decision to enable leasers afford Nigerian airlines dry lease options is in line with the plans of the FG to boost the capacity of Nigerian airlines in order to enable them compete effectively in the international air transport market.

He assured Boeing, Aercap and other leasers that the FG would guarantee the release of their assets from any Nigerian carrier whenever there is default and emphasised that this is a new era and a new government, which has the emphasis to create enabling environment for Nigerian airlines.

The Minister gave the assurance that leasers will not be shortchanged over their assets; stressing that the government would do everything necessary to safeguard them from airlines in the case of default.

He also emphasised that lessors should inform government about the airline they are dealing with so that government would carry out due diligence on the operator’s financial status and other vital records.

Onyema thanked the FG for the commitment to help Nigerian carriers by agreeing in principle to give such guarantees to leasers worldwide.

He said, “By the Minister’s promise today, the government has indicated that it is not paying lip service to its plan to provide lifeline and support to Nigerian airlines and a positive revolution in the aviation industry is now imminent.”

He also commended the Minister on the stand he took for Nigeria on Bilateral Air Service Agreement (BASA) in order to protect Nigerian carriers during the just concluded 15th International Civil Aviation Organisation Air Service Negotiation (ICAN2023) held in Riyadh, Saudi Arabia where he led the country to, not only refuse the usual short-changing of the country through lopsided BASA agreements but, in one instance, walked out on a powerful nation that has disrespectfully refused to abide by the principle of reciprocity in her treatment of Nigerian airlines contrary to the BASA signed by both countries.

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Supreme Court to rule on ADC, PDP cases Thursday

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The Supreme Court of Nigeria will on Thursday, deliver judgments in two cases involving the leadership crises rocking the African Democratic Congress and the Peoples Democratic Party.

According to information on the official website of the court, the matters, listed under “Political Appeals”, have been added to the cause list for Thursday, April 30, 2026.

While judgment in the ADC matter, marked SC/CV/180/2026, has been fixed for 2 pm, there is no time yet for that if the PDP.

 

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Tinubu to reconstitute NHRC board, retains Ojukwu as ES/CEO

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President Bola Tinubu has written the Senate, seeking the screening and subsequent confirmation of fifteen nominees to the National Human Rights Commission (NHRC).

The letter was read by the President of the Senate, Senator Godswill Akpabio.

The letter seeks the reconstitution of the commission’s board in line with statutory provisions with the list comprising nominees from diverse professional backgrounds, including the media and legal sectors.

Among the nominees are the President, Nigeria Guild of Editors and Editor, Vanguard Newspapers, Mr. Eze Anaba; and Dr. Salamatu Hussaina Suleiman, who has been proposed as chairman of the board.

The Executive Secretary of the Commission, Dr. Anthony Ojukwu (SAN) is to retain his position as the Chief Executive Officer.

Other nominees include Mrs Roseline Tasha, Ambassador Adam Yubak Baku, ACG Felix Lawrence, Mr. Edmund Chinonye, Mr. Chinonye Obiaku (SAN), Oluwakemi Asiwaju Okere-Odo, Professor Adedeji Ogunji, Kingsley Chidozie, Mohammed Adelodu, Maupe Ogun Yusuf, and Otunba Francis Meshioye as members.

Also nominated are Patience Patrick and Hawwa Ibrahim, listed as members.

The President said the nominations were made pursuant to Section 2(3) of the National Human Rights Commission (Establishment) Act, 2010, which empowers him to constitute the board subject to Senate confirmation.

He explained that the reconstitution of the board was necessary to enhance the commission’s institutional capacity and enable it to more effectively discharge its mandate to promote and protect human rights across the country.

If confirmed, the new board is expected to play a critical role in reinforcing the NHRC’s oversight functions, particularly at a time of heightened concerns over rights protection and accountability in Nigeria.

Following the presentation of the request, the Senate referred the nominations to its Committee on Judiciary, Human Rights and Legal Matters for screening and report within two weeks.

 

 

 

 

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Breaking: EFCC investigates Pastor Jerry Eze over alleged money laundering

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The Economic and Financial Crimes Commission, EFCC, has revealed that it investigated the founder of Streams of Joy International, Pastor Jerry Eze, for six months over suspected money laundering before clearing him.

Ola Olukoyede, chairman of the Commission, disclosed this on Wednesday while speaking at the Jerry Eze Foundation Business Grant Award Ceremony in Abuja.

According to him, the probe was triggered by intelligence reports and petitions after the commission observed large inflows of foreign currencies into the cleric’s domiciliary account.

“We work by intelligence, we work by petitions. At some point, I saw there was an account, a domiciliary account. Dollars, pounds were dropping in like raindrops, from Colombia, from America, from Sri Lanka, even from Togo.

“I said who is this man? Yes, I’ve been hearing about his name, I’ve seen his face a couple of times. I never bothered about what he was doing. I knew he was a pastor.

“So they said this one pastor of streams of joy, go and investigate him. So we went to the investigation. We combed the books,” Olukoyede stated.

The EFCC boss said he subsequently invited Eze for questioning after preliminary findings were compiled by investigators.

He added that upon meeting the cleric and reviewing the findings of the investigation, the commission found no wrongdoing.

“So he came to my office. He told me what happens and all of that, and how the money came, what he does, how he has been helping people, and all of that.

“I said, you know what, I didn’t call you here to explain to me. We have already done our work. I called you here to commend you,” he stated.

The remark drew applause from the audience, as Eze, who was present at the event, acknowledged the commendation.

He noted that the commission has a responsibility not only to investigate financial crimes but also to recognise individuals found to have acted with integrity.

The EFCC chairman, however, stated that the agency would continue to monitor financial activities where necessary, stressing that its preventive mandate remains critical in tackling corruption.

 

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