Business
Govs slammed for wasting N160bn on unviable airports
Govs slammed for wasting N160bn on unviable airports
Six state governments including Ekiti, Ebonyi, Jigawa, Yobe, Nasarawa, and Bayelsa have spent about N160bn on airport projects that opposition politicians and aviation professionals classified as unviable.
Stakeholders say the huge public funds expended on the facilities have amounted to waste. They condemned the state governors and asked Nigerians to hold them responsible for the waste.
However, some industry players advised that the facilities be converted into skill acquisition centres for the benefit of the citizens.
Some called on relevant authorities to probe the money spent on the unviable projects
Checks by the PUNCH showed that the six states spent over N160bn on their various airport projects, but the facilities have not attracted a considerable number of aircraft for charter or commercial purposes.
Apart from the Murtala Muhammed Airport, Lagos; Nnamdi Azikiwe International Airport, Abuja, and Port Harcourt International Airport, Port Harcourt, Rivers State, that generate about 80 per cent of revenues for the Federal Airports Authority of Nigeria, other airports constitute a financial burden to FAAN.
But, despite the challenges facing most of the aerodromes in the country, more state governments have continued to pump scarce resources into the construction of more airports with most designating them as “cargo airports.”
In the last decade, no fewer than 10 state governments have mooted or commenced such projects.
Some of the states include Osun, Ebonyi, Ogun, Benue, Zamfara, Nasarawa, Abia, Ekiti, and Bayelsa. Sadly, most of these projects were never completed, while others were abandoned by their successors in office.
They include Asaba Airport, Ebonyi Airport, Bayelsa Airport, Ogun Cargo Airport, MKO Abiola International Airport, Osun, which is uncompleted, Ekiti Cargo Airport, Anambra Cargo Airport, Abia Airport, Wachakal Airport in Damaturu, and Dutse International Airport in Jigawa.
Others are Lafia Airport in Nasarawa which is uncompleted, Kebbi Airport, Auchi Airport in Edo which is uncompleted, Zamfara Airport, and Gombe Airport.
In 2017, Governor Willie Obiano of Anambra State commenced his move to build an airport in the state. Six years later, the governor renewed his zeal for the project, A cargo airport in Umueri, in the Anambra East Local Government Area.
Anambra State is surrounded by airports in Delta, Imo, and Enugu states but the governor embarked on the project.
Though many believed the project was new in the plans of the government and needless, the governor in April 2017 flagged off the airport project.
At the flagging-off ceremony in April 2017, Obiano said that the government wanted to create an airport city in the state with a model that would accommodate two runways, an aviation fuel dump, an airport hotel, an industrial business park, an international convention centre, as well as a facility for aircraft maintenance.
He had initially boasted that the airport with a cost implication of $2b as at when it was conceived would join some of the most advanced airports in the world with a capacity to land any of the most sophisticated vessels known to man.
In 2021, the state government said N6b was spent and not $2b as alleged in some quarters.
Also, the immediate past aviation minister, Hadi Sirika, conveyed the approval for the construction of the Ebonyi airport through correspondence to then Governor David Umahi, now Minister of Works. The letter was signed by the Director of Safety and Technical Policy, Capt Talba Alkali, on behalf of the ministry in 2019.
At the commissioning of the airport, Umahi revealed that he spent over N36bn to build the airport, located in Onueke, Ezza South Local Government Area. But as at the time of filing this report, the airport situation is best described as comatose.
The immediate past Ekiti State Governor, Kayode Fayemi, expended N16bn public funds on the Akure airport, but the airport has also refused to attract aircraft over its non-viability.
When the governor conceived the idea, it was greeted by criticisms from stakeholders both in the state and beyond but the governor vetoed the cargo airport which is currently not in use.
As of January 2023, the Special Adviser to Governor Biodun Oyebanji on Budget, Economic Planning, and Performance Management, Niyi Adebayo, revealed that N16.6bn had been spent on the yet-to-be-completed facility in Ekiti State.
He explained that the fund was used for perimeter fencing, completion of the runway and taxiway, terminal building, and payment of compensation for the farmers whose farmlands were acquired for the project.
In Jigawa State, ex-governor Sule Lamido, also pumped N4bn to build an airport for the state, one that was commissioned in 2014 by former President Goodluck Jonathan.
The airport facility is located less than 100km from Aminu Kano International Airport, making experts describe it as wasteful spending.
Also, in Bayelsa, former Governor Seriake Dickson spent N70bn on the construction of an airport which began in 2012 and was completed in February 2019.
The amount spent on the airport by the governor has been disputed by some stakeholders, among which was the former National Chairman of the All Progressives Congress, Adams Oshiomole.
Oshiomhole had stated that the project gulped over N100bn but Dickson insisted that it was done at the rate of N70bn.
Same for Yobe State where the transport commissioner, Abdullahi Kukuwa, had recently told newsmen that the state spent more than N18bn on the unused airport project initiated in 2017.
Like its counterpart, the Nasarawa cargo airport project was initiated in December 2015 during the second tenure of a former Governor Umaru Al-Makura, who said he had the vision to open the state for investment opportunities.
The project was estimated at N10bn and was to ease cargo traffic at the Nnamdi Azikiwe International Airport in the Federal Capital Territory, Abuja, because Nasarawa is the closest state bordering the FCT.
Business
WFA APPOINTS GLOBAL BRAND EXECUTIVES TO EXPANDED LEADERSHIP COMMITTEE
WFA APPOINTS GLOBAL BRAND EXECUTIVES TO EXPANDED LEADERSHIP COMMITTEE
STOCKHOLM — The World Federation of Advertisers (WFA) has announced the appointment of senior executives from leading global brands to its Executive Committee, in a move aimed at strengthening its global influence and industry coordination.
The appointments were unveiled during the WFA Global Marketer Week held in Stockholm.
The new members, drawn from top multinational corporations, include executives from Driscoll’s, Haleon, IKEA and Nissan. They join an already influential body comprising marketing and corporate affairs leaders from major companies such as Best Buy, Danone, Diageo, Grab, Kenvue and Tata Group.
Also joining the Executive Committee are representatives of key advertiser bodies, including Josh Faulks, Chief Executive Officer of the Australian Association of National Advertisers; Simon Michaelides, Director General of the Incorporated Society of British Advertisers; and O’tega Ogra, Vice President of the Advertisers Association of Nigeria and Senior Special Assistant to the President of Nigeria on Digital Communications, Engagement and New Media Strategy.
WFA President David Wheldon and Deputy President Philip Myers of Ferrero will continue in their roles, alongside all regional vice presidents.
The newly appointed members are:
Jiunn Shih, Global Chief Marketing Officer, Driscoll’s
Silas-Lewis Meilus, Global Head of Media Operations, Haleon
Joel Renkema, Global Head of Insights, IKEA
José Román, Corporate Executive, Global Sales and Marketing, Nissan
Josh Faulks, CEO, AANA
Simon Michaelides, Director General, ISBA
O’tega Ogra, Vice President, ADVAN
Industry observers say the expanded committee reflects WFA’s commitment to deeper global collaboration and stronger representation across regions and sectors within the marketing and advertising ecosystem.
Business
FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS
FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS
The Chief Press Secretary (CPS) to the Chairman of the Independent National Electoral Commission (INEC), Mr. Adedayo Oketola, has said that a purported X (formerly Twitter) account attributed to the Commission’s Chairman, Prof. Joash Ojo Amupitan, SAN, is fake and part of a coordinated disinformation campaign.
In a public statement issued on Monday in Abuja, Mr. Oketola disclosed that a comprehensive, multi-layered forensic investigation conducted by independent cybersecurity experts has conclusively established that the INEC Chairman does not operate any personal X account.
He said, “The Independent National Electoral Commission (INEC) , committed to a full forensic investigation, commissioned an independent forensic cybersecurity expert, who conducted a multi-layered forensic and digital investigation using X platform data, internet archive records, OSINT tools, identity forensics and cross-platform analysis.”
Oketola stressed that all posts, replies, and screenshots linking him to the handle @joashamupitan are fraudulent, forensically unverifiable, and technically impossible.
The controversy began on April 10, 2026, when viral social media posts alleged that the Chairman made a partisan comment — “Victory is sure” — in response to another user, supported by screenshots and purported digital records.
However, the CPS said the forensic investigation uncovered clear evidence of fabrication and impersonation, highlighting the following key findings:
· No Digital Linkage: There is no connection between the disputed X account and Prof. Amupitan’s verified email addresses or phone numbers, as multiple recovery and verification attempts failed to establish any link.
· False BVN/OPay Claims: Data used to suggest ownership of the account only confirms identity and does not establish control of any social media handle, making such claims a logical fallacy.
· Timestamp Manipulation: The alleged reply “Victory is sure” was posted 13 minutes before the original tweet it responded to—an occurrence that is technically impossible and definitive proof of fabrication.
· No Historical Record: Searches on the Internet Archive’s Wayback Machine showed zero evidence of the account or its alleged activity prior to April 2026.
· Non-Existence on X Platform: Live checks confirmed that the alleged reply does not exist and has never existed on the platform.
· Account Renaming Pattern: On the same day the screenshots went viral, the account was renamed @sundayvibe00, set to private, and labelled a “parody account,” indicating deliberate impersonation and damage control.
· Coordinated Multi-Platform Impersonation: At least seven fake accounts across Facebook and Instagram using the Chairman’s identity were identified, pointing to a sustained disinformation effort.
“The forensic evidence is comprehensive, multi-sourced, and unambiguous. The posts attributed to Prof. Joash Ojo Amupitan on X are fabricated. The account is a clear case of impersonation,” Mr. Oketola said.
Quoting one of the independent investigators, he described the development as “a coordinated digital impersonation and disinformation campaign,” warning that advances in artificial intelligence had made it easier to fabricate misleading content.
He urged the public to avoid sharing unverified information, noting that “the fact that content goes viral does not make it authentic,” and called on media organisations to prioritise accuracy over speed.
Mr. Oketola said the independent forensic report had been referred to the law enforcement agencies for necessary action. He also appealed to law enforcement agencies to investigate the origin of the fake account and prosecute those responsible under the Cybercrimes (Prohibition, Prevention, etc.) Act.
He said, “Media organisations, in particular, have a duty to apply strict forensic verification standards to social media posts and screenshots before publishing them, especially when such content implicates public officials or carries serious consequences for public trust and institutional credibility. Accuracy, not speed, must guide reporting in matters of this nature.”
He reiterated that all official communications from INEC are disseminated exclusively through its verified platforms, including its website (www.inecnigeria.org), verified X account (@inecnigeria), official Facebook page, online news portal (www.inecnews.com), formal press statements from its headquarters in Abuja, and official media briefings. Any account purporting to represent the INEC Chairman in a personal capacity, he said, should be treated as fraudulent unless formally verified by the Commission.
Business
How FirstBank is investing in Its People and Building Future Leaders
How FirstBank is investing in Its People and Building Future Leaders
For an average 9-5er, having a job isn’t enough. You want a career that grows with you, gives you stability, and opens doors to bigger opportunities. People everywhere are looking for workplaces that don’t just pay salaries but actually invest in their staff, helping them learn, lead, and succeed.
That’s exactly what FirstBank is doing. The Bank is building a future where every employee has the opportunity to grow, lead, and thrive. Through its human capital management and development agenda, FirstBank is creating numerous pathways for staff to transform their careers and become tomorrow’s leaders.
Conversion Programme: Turning Opportunities Into Careers
Needless to say that there is no desire for the 9-5er to remain in a temporary role when they can secure a full-time career. With FirstBank’s Conversion Programme, eligible non-core employees who have served for at least one year can transition into permanent positions. This initiative ensures that hardworking staff are rewarded with stability, growth, and the chance to contribute more meaningfully to the Bank’s success.
Leadership Programmes: Grooming the Next Generation
FirstBank has designed three flagship programmes to identify and nurture high-potential talents:
- FirstBank Management Associate Programme (FMAP): A 24-month fast-track initiative that grooms future middle managers. Upon completion, participants are promoted to Assistant Manager grade, regardless of their previous grade.
- Leadership Acceleration Programme (LAP): Focused on preparing internal middle-management talents for leadership responsibilities, ensuring the Bank’s succession pipeline remains strong.
- Senior Management Development Programme (SMDP): A programme for senior managers who are proven leaders in their functions and critical to the Bank’s succession plan.
These programmes are not just training—they are career accelerators, designed to put staff on the fast lane to leadership.
FirstAcademy: Learning With Global Standards
Backing these initiatives is FirstAcademy, FirstBank’s corporate university, accredited by the Chartered Institute of Bankers of Nigeria (CIBN).
Staff also benefit from partnerships with institutions like Rome Business School and Association of Chartered Certified Accountants (ACCA), gaining access to world-class training—often at discounted rates
A Workplace That Values People
FirstBank’s parent company, First HoldCo PLC, was named second in the Best Workplaces in Financial Services in Nigeria. The Bank remains firmly committed to responsible employment practices, ensuring that all colleagues are treated with dignity, fairness, and respect.
The Future Is Human
With these initiatives, FirstBank is showing that its greatest investment is its people. By empowering staff through various growth opportunities, the Bank is not just building a workforce, it is cultivating leaders who will shape the future of banking in Nigeria and beyond.
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