Lack of corporate governance, bane of Nigerian airlines — NCAA DG

Published by

5 years ago

Musa Nuhu, NCAA MD

The Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu has identified lack of existing corporate governance as the major factor hindering the success of domestic airline operations in the country.

Speaking at a webinar gateway forum organised by aviation journalists in Lagos on the domestic airlines business models, the NCAA director general agreed that the management of an airline had a number of issues that could impact the running of the entity one of which he identified as corporate governance.

Other crucial issues he identified include “separation of ownership from the day to day management of the airline business, for a lot of airlines in Nigeria, that is a very blood line because there is no definite guidelines separating the owners of the airline from it management.”

On how to tackle these militating factors, the NCAA DG declared: “Once the civil aviation Act is passed by the National Assembly and we have a new mandate, we intend to look at that regulations also maybe with the Corporate Affairs Commission (we will sit down and see how we can apply some of these corporate governance issues in our regulations strictly and resolve some of these difficulties we have been facing.

One of the things we are going to do is that the directorated of air transport regulations will be empowered and also enhanced to really study the business models and plans of airlines and see how effective they can be we can have a more positive regulatory function, we are doing it now but I believe we need to build more capacity in that department.”

Speaking on how to resolve financial issues between airlines and their workers, while saying the financial challenge facing the domestic airline airlines was not peculiar to Nigeria, Nuhu stated: “It is a global thing.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

ICYMI: We’II Deal With Those Planning To Disrupt Ondo Election ― Police

Deputy Inspector General (DIG) of Police, Leye Oyebade has sounded a note of warning to political thugs planning to disrupt the peace of this Saturday’s governorship election in Ondo State, saying the police would deal with anyone or group of people found culpable.

The Kaduna State Government on Wednesday announced the appointment of Alhaji Ahmed Nuhu Bamalli as the 19th Emir of Zazzau. He succeeds Alhaji Shehu Idris who died on Sunday, 20th September, after reigning for 45 years.

[ICYMI] Missing Boy: Court Sentences Sotitobire Founder To Life Imprisonment

The Ondo State High Court, sitting in Akure, on Tuesday, sentenced the Founder and General Overseer of Sotitobire Praising Chapel, Akure, Prophet Babatunde Alfa, to life imprisonment over the disappearance of one year toddler, Gold Kolawole, during Sunday service in his church last year.