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Wigwe: NSIB collaborates NTSB to investigate helicopter crash

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The Nigerian Safety Investigation Bureau (NSIB) says it is collaborating with the National Transportation Safety Board (NTSB) to intensify investigation on the helicopter that caused the death of Dr Herbert Wigwe and five others.

Mrs Bimbo Oladeji, Director, Public Affairs and Consumer Protection, disclosed this in a statement on Monday.

The News Agency of Nigeria (NAN) reports that Wigwe, the Group Chief Executive Officer of Access Holdings, his wife, son and some others were onboard the ill-fated Airbus Helicopter EC130B4 helicopter.

The crash occurred on Friday, Feb. 9, at about 10:08 p.m. near Interstate 15 in Halloran Springs, California, while the NTSB confirmed the accident via its post on X .

It stated that it had dispatched its “Go Team” to investigate the accident.

The ill-fated helicopter, operated by Orbic Air, LLC as a Part 135 chartered flight, departed from Palm Springs, California, at 8:45 p.m. PST, enroute to Boulder City, Nevada, said Michael Graham, a board member of the National Transportation Safety Board, during a news conference on Saturday.

“Regrettably, the United States authorities have now confirmed that everyone onboard the aircraft lost their lives in the crash.

“The deceased are two crew members comprising a pilot in command and a “safety pilot” and four passengers namely Dr Herbert Wigwe, his wife, son, and Mr Abimbola Ogunbanjo, former Group Chairman of the Nigerian Exchange Group Plc, (NGX Group),

“In the aftermath of the accident, the Director-General, NSIB, Captain Alex Badeh, established contact with NTSB, in accordance with Chapter 5 subsection 27 of ICAO’s Annex 13 to the Convention on International Civil Aviation-Aircraft Accident and Incident Investigation, which grants a State (nation) special interest in an accident involving its citizens.

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The section reads: “5.27 A State which has a special interest in an accident by virtue of fatalities or serious injuries to its citizens shall be entitled to appoint an expert who shall be entitled to.

“Visit the scene of the accident; have access to the relevant information which is approved for public release by the state conducting the investigation, and information on the progress of the investigation; and receive a copy of the final report,” the statement read.

It said that the ICAO’s Annex 13 to the Convention on International Civil, therefore, granted Nigeria, through the NSIB, the prerogative to appoint an expert to actively participate in the investigation.

“This participation ensures access to relevant information and facilitates cooperation with the investigating authorities, towards ensuring the investigation reaches a conclusive outcome.

“The ongoing discussion between the NSIB and NTSB has highlighted the diligent investigation efforts of the NTSB. NTSB investigators were present at the crash scene in Halloran Springs, California, on Saturday to collect evidence and conduct initial on-scene documentation.

“The documentation process included aerial mapping of the wreckage with a drone, and site measurements.

“Correspondence between the NSIB and NTSB further revealed that the NTSB investigation into the crash is being led by Aaron Sauer as the investigator in charge, supported by Mark Ward as the deputy investigator in charge.

“Several other NTSB investigators will also be examining various aspects of the accident including airworthiness and maintenance structures, operations, meteorology and air traffic control,” he said.

It also said that the airworthiness investigation group had initiated a meticulous examination of the debris field, which spans approximately 100 yards.

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The bureau noted, “All significant components of the helicopter, including the main transmission, engine, and various avionic elements, were identified and accounted for at the accident site.

“In tandem, the operations investigation group has commenced gathering crucial company information, including pilot records, flight dispatch records, and aircraft maintenance records.

“Moving forward, coordination is underway by the NTSB to transfer the wreckage to a secure location on Tuesday for in-depth examination and analysis scheduled.

“Parties to the investigation include Orbic Air, LLC, and the FAA. As the investigation continues, other parties could be named.

“Additionally, the Bureau of Enquiry and Analysis for Civil Aviation Safety (BEA), the French aviation accident investigation agency, will also serve as an accredited representative, due to France being the state of manufacturer for the Airbus helicopter and Turbomeca Engine.

“Both Airbus Helicopters and Turbomeca Engines will serve as technical advisors to the investigation.”

According to the statement, the duration of the accident investigation being conducted by NTSB is expected to take approximately 18 to 24 months to complete.(NAN)

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Air Peace Blames Turbulence For Benin-Abuja Flight Mid-Air Delay

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Nigerian carrier, Air Peace, has clarified why its Benin to Abuja flight P47171 was delayed in the air on Friday.

In a statement issued by the Head of Corporate Communications, Ejike Ndiulo, Air Peace Airline on Saturday stated that during the aircraft’s descent into Abuja, the flight encountered turbulence as a result of adverse weather conditions, including thunderstorms.

The statement further stressed that in line with global aviation safety standards, “our crew activated appropriate safety protocols and held in a holding pattern until weather conditions improved.”

Social media users complained on Saturday that the aircraft hung in the air longer than necessary before landing.

Elanza news understands that when an aircraft is held in a holding pattern, this means the plane was instructed to fly a specific course around a designated point while waiting for permission from the control tower to proceed with its planned route, approach, or landing.

This is often due to factors like traffic congestion at the given airport, weather delays, or other operational issues that could result in an incident or accident if the aircraft had landed against instructions.

In simpler terms, a holding pattern is a temporary waiting area for an aircraft in the air, allowing it to remain airborne while awaiting further instructions for landing.

The statement further stated, “We are pleased to confirm that the aircraft landed safely and the passengers disembarked normally. Air Peace is unwavering in its commitment to ensuring the highest standards of safety across all our operations.”

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IMF To FG: Enhance Transparency In Oil Sector, Contain Borrowing

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IMF to FG: Enhance transparency in oil sector, contain borrowing

The International Monetary Fund (IMF) has advised Nigeria to enhance transparency in the oil sector to ensure that the subsidy removal savings are transferred to the government’s budget.

Abebe Selassie, the director of the African department at the IMF, gave the advice on Friday while presenting the findings of the Regional Economic Outlook for Sub-Saharan Africa report at the IMF and World Bank spring meetings in Washington, DC, the United States.

Selassie was responding to questions on the federal government’s reforms and Nigeria’s debt profile, which currently sits at N142.3 trillion as at September 2024.

Speaking to journalists, the director said the fund has been very impressed by the reforms Nigeria has undertaken to address microeconomic imbalances in the country.

The director said the subsidy was taking “a very large” share of the limited tax revenues, which was not effectively used to help the most vulnerable people.

“So it’s been really good to see the government taking these head on, and also beginning to roll out the third component of the reforms that we’ve been advocating for, [that] government has been pursuing, which is to expand social protection to target generalised subsidies to help the most vulnerable,” he said.

“This has all been very good to see, but more can be done, particularly on the latter front: expanding social protection and also enhancing a lot more transparency in the oil sector, so that the removal of subsidies does translate into flow of revenue into government budget.

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“So, there’s still a bit more work to do in these areas.”

Selassie disclosed that the IMF had a mission in Nigeria, where discussions with the authorities focused on issues related to the nation’s macroeconomic conditions.

Still, the director advised the federal government to consider reforms in other areas to engender more private sector investment, and also how more resources can be “adopted” to help Nigeria generate the revenues needed to build more schools, universities, and infrastructure.

“So there’s a comprehensive set of reforms that Nigeria can pursue that would help engender more growth and help diversify the economy away from reliance on oil,”

“And this diversification is all the more important given what we’re seeing happening to commodity prices.”

Selassie acknowledged that while the government is undertaking reforms, there will be a financing need.

He urged the authorities to adopt “a judicious and agile” way of dealing with the financing challenges the country faces.

The IMF official said Nigeria’s financing gap “can only be filled” by permanent sources such as revenue mobilisation in the long run.

“But in the interim, carefully looking at all of the options the country has to borrow in a contained way, will be part of that solution,” he said.

“And I think the government has been going about this prudently and cautiously so far, and we’re encouraged by that.”

In January, the Debt Management Office(DMO) said the total domestic debt was N73.4 trillion ($45.8 billion) while the total external debt was N68.8 trillion ($43 billion).

The debt body said the increase was primarily due to rising domestic borrowing and the impact of exchange rate depreciation on external debt when converted to naira terms.

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FG To Launch $1.1B NAPM Initiative To Stabilize Food Prices

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The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth.

The NAPM is part of broader initiatives aimed at transforming the country’s agricultural sector through data-driven policies and public-private partnerships.

Speaking on Friday in Abuja during a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee at the Presidential Villa, Abuja, Vice President Kashim Shettima said the initiative will align agricultural efforts across all government tiers through real-time data analytics.

“The Green Imperative Project (GIP) is an idea whose time has come. It has been in the incubation period for several years, and now it is coming to fruition; we have to get it right.

“We have had many interventions in this country in the past. We must make this work, and it’s the states that will drive the process,” the Vice President said.

Signed between Nigeria and Brazil on March 17, 2025, the Green Imperative Project (GIP) is a $1.1 billion initiative aimed to modernise 774 mid-sized Nigerian farms with Brazilian agricultural technologies, creating jobs and boosting productivity across the nation.

VP Shettima further said President Bola Tinubu has approved ₦15 billion for the National Emergency Management Agency (NEMA) to prepare for floods as the rainy season kicks in.

“This is one of the first proactive decisions by the government to prepare for the flooding season,” the Vice President noted.

Earlier, the Technical Assistant to the President on Agriculture and Executive Secretary of PFSCU, Marion Moon, explained that NAPM aims to address challenges of high food inflation and agricultural yields that lag 60 per cent behind global averages.

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She revealed that the pilot survey for NAPM has been completed across 13 states, with a full launch planned for June 2025.

The NAPM, supported by data analytics partnerships and a digital platform under development, is designed to tackle food inflation, inefficient subsidies, and outdated farming practices, to give the country a unified framework to optimise public spending and drive sustainable rural development.

Those present at the meeting included Governors of Jigawa State, Umar Namadi, and Ekiti State, Biodun Oyebanji; Deputy Governors of Borno State, Umar Kadafur, and Ebonyi State, Patricia Onyemaechi Obila.

Others are Minister of Agriculture and Food Security, Senator Abubakar Kyari; Minister of State for Agriculture and Food Security, Aliyu Abdullahi; Permanent Secretary of the Federal Ministry of Finance; heads of agriculture and manufacturing private sector players, and international development partners.

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