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Afreximbank to support African airlines with 25 aircraft – Director

The Afreximbank has said that it would support African airlines with 25 aircraft via a leasing subsidiary, to promote competitiveness.
Director Project and Asset-Based Finance of Afreximbank, Mrs Helen Brume, disclosed this at the close of the Airline Economics Growth Frontiers Global in Dublin, Ireland.
The News Agency of Nigeria (NAN) reports that the conference, held from Jan. 12 to Jan. 15 at the Mansion House in Dublin, brought together aviation professionals from around the world and focused on current developments and hot topics in the airline industry.
NAN further reports that Afreximbank, a 30-year-old development financing institution, has a primary mandate to promote trade across Africa.
According to Brune, the aircraft to be delivered soon will address the need for robust aviation infrastructure and enhance competitiveness among African airlines.
The director also spoke on the bank’s extensive experience in supporting Arik Air, Kenya Airways, and TAG Airline over the past two decades.
She said that Afreximbank would specifically support aircraft financing for Nigerian Airlines.
“This initiative aims to provide Nigerian airlines with access to dry-leased aircraft, enabling them to better service Bilateral Air Service Agreement (BASA) routes and domestic operations, “ she said.
Ms Lereece Rose, Boeing Senior Director of Finance, commended Nigeria’s Minister of Aviation and Aerospace Development, Mr Festus Keyamo, for his efforts at improving Nigeria’s aviation ecosystem.
She particularly commended Keyamo for raising Nigeria’s Cape Town Convention score from 49.5 per cent to 75.5 per cent
“This progress underscores the country’s commitment to creating an enabling environment for aircraft financing and leasing,” she said.
On his part, Keyamo underscored the critical need for partnerships that would enhance access to aircraft financing for Nigerian operators, facilitate growth and improve service delivery.
He said a committee, already established, would follow up on the discussions to ensure that the partnership materialised into actionable solutions for Nigerian airlines. (NAN)
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Alleged misappropriation: Court reserves ruling in Ganduje, others

A Kano State High Court, on Tuesday, reserved ruling in the case of alleged bribery and misappropriation filed against the former governor of Kano State, Dr Abdullahi Ganduje, and seven others.
The Kano State Government instituted an eight-count charge bordering on bribery, misappropriation and diversion of public funds running into billions of Naira against Ganduje and seven others, including his wife, Hafsat Umar.
Others charged with Ganduje are Abubakar Bawuro, Umar Abdullahi Umar, Jibrilla Muhammad, Lamash Properties Limited, Safari Textiles Limited and Lasage General Enterprises Limited.
When the case came up for hearing of all pending applications, counsel to Ganduje and his wife, Offiong Offiong SAN, applied for an extension of time and urged the court to grant the application.
“We also filed our preliminary objection challenging the jurisdiction of the court, dated Nov. 18, 2024, along with a 28-paragraph affidavit and a written address in support.
“We also filed a reply on point of law dated April 4, 2025,” he said.
However, counsel to the state, Mr Ayodeji Adedipe, SAN, filed a reply to the notice of preliminary objection dated Oct. 22, 2024, addressing all the respondents.
“The application is attached with a seven-paragraph counter affidavit and a written address dated Dec. 13, 2024, attached along with several documents as exhibits,” Adedipe said.
He prayed the court to dismiss the respondents’ applications for lacking merit.
Counsel to the 3rd and 7th defendants, Mr Adekunle Taiye-Falola, filed a motion on notice on a preliminary objection dated Oct. 18, 2024, supported by a 14-paragraph affidavit and a written address.
“In reply to the complainant’s counter affidavit, we filed our further and better affidavit dated Dec. 12, 2024, and a reply on point of law. We urge the court to grant the application as prayed,” Taiye-Falola said.
Counsel to the 5th defendant, Mr Sunusi Musa, SAN, also filed a motion on notice on a preliminary objection dated Oct. 18, 2024, which was supported by an affidavit, an exhibit and a written address.
“We also filed our affidavit and reply on point of law and urged the court to grant the application with substantial costs against the complainant,” he said.
Counsel to the 6th respondent, Mr Ashafa Yusuf , also filed a notice of preliminary objection dated Sept. 9, 2024, supported by a nine-paragraph affidavit and a written address.
“My Lord, we filed a further and better affidavit dated Feb. 17, supported by an 11-paragraph affidavit. We also filed a reply on point of law and urged the court to grant the application,” he said.
Also, Faruk Asekone, counsel to the 8th defendant, filed a notice of preliminary objection dated Oct. 18, 2024, supported by a five-paragraph affidavit and a written address.
“In reply to the complainant’s counter-affidavit, we filed our further and better affidavit and reply on point of law dated Feb. 13, 2025, and urge the court to grant the application,” Asdkome said.
The judge, Justice Amina Adamu-Aliyu, granted the application for an extension of time.
Adamu-Aliyu adjourned the matter for ruling on the notices of preliminary objection to a date that would be communicated to the parties at a later date. (NAN)
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El-Rufai: Tinubu’s Govt Most Corrupt, Worst in Nigerian History

A former Governor of Kaduna State, Nasir El-Rufai, has slammed the President Bola Tinubu-led Federal Government, describing it as the most “corrupt and worst” government in Nigerian history.
El-Rufai, who spoke in an interview with some journalists in Katsina Monday night, said Tinubu’s government is also the most intolerant government since the return of democratic rule in 1999.
He claimed that the Federal Government of President Tinubu is the most lying government that depends on false propaganda, especially on security challenges bedevilling the country.
The erstwhile Kaduna governor, who was in Katsina to condole with Governor Dikko Umaru Radda over the demise of his mother, also refuted the claim by the Federal Government that security has improved in the country.
He added that the insecurity in the country is due to the Federal Government’s failure to proffer deeper solutions to address what he termed the prevailing security challenges from their roots.
He stressed that many local government areas in Katsina, Zamfara and Sokoto States were under the control of bandits, adding that bandits and terrorists’ leaders like Dogo Gide, Mallam Abba and Bello Turji have not been killed.
El-rufia said: “I have said it before, this is the worst Federal Government in Nigerian history and all the indices have shown it. This is the most corrupt and most intolerant government in Nigeria.
“This is the most lying government that depends on false propaganda. They lied that security has improved in Nigeria. They read out numbers of bandits killed except the ones we know are the leading bandits.
“In Kaduna, Dogo Gide is still around, Mallam Abba, the Boko Haram terrorist is still alive. Bello Turji is still around but everyday, they announce names of people that are bandits’ leaders that they have killed and security has improved.
“How many local governments are under the occupation of bandits in Katsina State? How many are occupied by bandits in Zamfara State and some parts of Sokoto State? And because you are in government you think that nothing would happen?”
The former FCT Minister, however, described his new political party, the Social Democratic Party (SDP), as a party with a long history and credibility that will wrest power from the ruling All Progressives Congress (APC) in 2027.
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Atiku’s Loyalist Condemns Governor Bala’s ‘Disrespectful’ Attack On Atiku Abubakar

A prominent loyalist of former Nigerian Vice President and Peoples Democratic Party (PDP) 2023 presidential candidate Atiku Abubakar has sharply criticised Bauchi State Governor Bala Muhammed for comments deemed “reckless” and “disrespectful” towards the elder statesman.
Dr. Aslam Aliyu, known as Gimbiyar Kauran Namoda from Zamfara state and one of the mast respected politicians in Nigeria, issued a statement on Tuesday condemning Governor Muhammed’s remarks, which she described as unbecoming of a party leader.
One of Nigeria’s respected female political voices suggested that Atiku is not a politician to be betrayed.
“Atiku Abubakar is not a politician to be undermined by mere political officeholders whose relevance remains confined to their states,” Aliyu said.
Dr Aliyu highlighting the former vice president’s enduring influence since 1999.
She pointed to his service under President Olusegun Obasanjo, his pivotal role in shaping the PDP, and his consistent presence in Nigeria’s political landscape over two decades.
Aliyu accused Muhammed of exposing his “political inexperience” by attempting to diminish Atiku’s stature within the party.
“For a governor who owes his platform to the PDP’s legacy to belittle one of its founding pillars is not just ungrateful—it is dangerous,” she warned.
She stated that when discussing the leaders of the People’s Democratic Party today, after Atiku Abubakar, the next in line is Senator Aminu Tambuwal.
“He demonstrated a spirit of sportsmanship by stepping down for Atiku in 2023 for the sake of northern development.”
She added that if Kaura wishes to resolve the PDP crisis, where was he when Wike and Fubara were at loggerheads over leadership for more than two years? No action was taken until the Governor was suspended and the state was declared a state of emergency .
“If he wants to end the crisis in the PDP, he should first resolve the one in his own state, Bauchi, and also reinstate the Rivers State Governor, Fubara, who is currently suspended.”
The statement urged Muhammed to exercise humility and cautioned that divisive rhetoric threatens the PDP’s unity.
“The PDP stands today because of the loyalty, sacrifice, and vision of men like Atiku Abubakar,” Aliyu declared, calling for mutual respect to safeguard the party’s future.