Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,390 members, 7,808,377 topics. Date: Thursday, 25 April 2024 at 11:09 AM

FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft (6285 Views)

FG Approves ₦‎2.2 Trillion Supplementary Budget / Taraba Governor Approves ₦2 Billion For Luxury Cars For Himself, Deputy & Wives / FEC Approves ₦2.9 Billion For Printing Of Question Papers, Others (2) (3) (4)

(1) (2) (Reply) (Go Down)

FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by ManirBK: 7:22am On Jan 19, 2023
The Federal Executive Council (FEC) has approved the sum of N2.3 billion for the commencement of local assembly of Magnus Centennial Aircraft at Nigerian College of Aviation Technology, Zaria, Kaduna State.

Minister of Aviation, Hadi Sirika, disclosed this after the FEC meeting presided over by Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja.

Mr Sirika expressed optimism that the Nigerian aviation industry would soon progress into local manufacturing of aircraft.

“I am happy to announce – today is the reality; we will indeed assemble the Magnus aircraft and will continue to do so and not too distant future by God’s grace, the industry of civil aviation will begin to manufacture right here in the country aircraft.

“But we are beginning by assembling these training aircraft and it will happen very soon.

“So, the memorandum has been passed in council; the manufacturer of the airplane is based in Hungary.




“And the total contract sum is N2.3 billion; the completion period is 18 months.’’

He said that the world of civil aviation stopped the spin and spin recovery training programme some time ago but the need for such training had arisen again.

According to him, the spin and spin recovery entails teaching students to identify when they get into spin situation, and how to recover out of the situation before it becomes a disaster.

“We were all trained like that as pilots; but because airplanes become more and more technologically advanced, the need for spin and spin recovery didn’t arise, because they are becoming more and more sophisticated.

“But again, the world realised that we still get into spin or there is a need for this skill to be developed for recovery out of spin situation.

“So, most of manufacturers stopped producing trainers for that purpose; and so there are not many people now that do that manufacture.

“And the company, Messrs Magnus, realised that gap and started to produce airplanes that can get into spin and out of it, so that students can be trained on that.


The minister said that due to the ministry’s maximum attention to safety, it believed that such training should come back to Nigeria’s aviation industry.

He said the US, which, at some point stopped the training, had gone back to training students on the spin and spin recovery.


“So this airplane is fully aerobatic, goes into aerobatics; and I think the Nigerian Air Force and the Air Force around the region will be interested and excited by this development, we are taking the lead in civil aviation.

“It is our intention to produce them here, assemble them here in policy, when in the future, you know, sell them out to where we’re interested around the world.


“So this will happen and I think the first one or two aircraft will happen here in Nigeria and to fly them within the remaining four months that we have as a government.

“So it is another item that is ticked on our plate, and to which we remain grateful to President Muhammadu Buhari and his government,’’ he said.

Mr Sirika added that FEC also approved the memorandum that revised the estimated total cost and augmentation, contract for procurement and installation of Instrument Landing System (ILS) in three airports.

The airports are Port Harcourt International Airport, Kano International Airport, and Katsina Airport.

(NAN)
https://www.premiumtimesng.com/news/more-news/576575-fec-approves-n2-3bn-for-local-assembly-of-aircraft.html

4 Likes 1 Share

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by SLAP44: 7:22am On Jan 19, 2023
No matter the amount they approve, inflation has chopped 95% of the money. APC and PDP are a disaster killing the masses 2ith hunger.

Vote for a verified candidate

31 Likes 1 Share

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by ManirBK: 7:22am On Jan 19, 2023
good development

2 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by TUANKU(m): 7:28am On Jan 19, 2023
Hadi Sirika on a final cash out after making billions from "Air Nigeria"...the only airline in the world that began recruitment (children of cronies) even before purchasing or leasing a single aircraft. Nigeria is a joke.

17 Likes 2 Shares

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Heroicvic(m): 8:05am On Jan 19, 2023
Human capital consists of the knowledge, skills, and health that people accumulate throughout their lives, enabling them to realize their potential as productive members of society. We can end extreme poverty and create more inclusive societies by developing human capital.


This is what federal government should be investing on

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Enddy50ty(m): 8:06am On Jan 19, 2023
Go
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by atiku4President(m): 8:06am On Jan 19, 2023
Good one

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Raxxye(m): 8:06am On Jan 19, 2023
That would be another conduit pipe from which to siphon money. I can assure you the entire money will be embezzled and nothing would be left to show for it!
It's a misplaced priority for a country that has not been able to generate and distribute ordinary 10K megawatts of electricity to be going into aircraft assembly.
Fix power first!

6 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Macphenson: 8:06am On Jan 19, 2023
kkk

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Generation1: 8:06am On Jan 19, 2023
Nice decision….#BANUSO#
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by SocialJustice: 8:06am On Jan 19, 2023
Constantly wasting scarce resources.

2 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by JoeyNaza: 8:07am On Jan 19, 2023
Meagre 2.3 billion Naira for production but $1 billion was spent on Boko Haram with no results. It's okay.

4 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by salbis(m): 8:07am On Jan 19, 2023
They always talk too much with little or nothing to show. Your days are numbered.

3 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Racoon(m): 8:07am On Jan 19, 2023
-Reduction of presidential fleet to form national carrier- fake and false promise.

-Launch of #1.5B Air Nigeria logo in London, failure and failed promise.

-#12.6B collaboration with Ethiopian Airlines to form a national carrier - Another scam.

-Now they want to start buying and assembling aircraft parts.

2 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by higgs: 8:07am On Jan 19, 2023
These people are still wasting scarce public funds.
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by yesloaded: 8:08am On Jan 19, 2023
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by twilliamx(m): 8:08am On Jan 19, 2023
Good initiative. The children of hate who don't matter will come and start spewing rubbish soon..

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by triple996(m): 8:08am On Jan 19, 2023
Very good
Kaduba de bubble woooo
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Danjibola: 8:08am On Jan 19, 2023
Hope dem no go borrow again...

1 Share

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Starboytwo(m): 8:09am On Jan 19, 2023
Na our dear politicians go first enter this planes, not me grin

2 Likes

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by TheChameleon: 8:09am On Jan 19, 2023
grin

Buhari and failure sha...
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by gaby(m): 8:10am On Jan 19, 2023
Aircraft wey only una and una family go dey fly.

God no go allow me, my family members, or friends by mistake nearuna intended flying coffins.

Yeyenatu

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by bigdammyj: 8:11am On Jan 19, 2023
Noted.
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by koolaid87: 8:12am On Jan 19, 2023
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by tempest01(m): 8:13am On Jan 19, 2023
Always citing all key projects in the north.

The more economically viable south gets nothing.

A quota system country.

I just learnt yesterday that a nuclear reactor was placed in a school in the north. You think about the top research schools in Nigeria and you wonder the criteria.

The country cannot grow like this. There should be economic and progressive rationale behind citing these things, not just tribal sentiments.
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by Ogonimilitant(m): 8:16am On Jan 19, 2023
Ok
Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by youngrichnigga: 8:21am On Jan 19, 2023
Hadi Sirika's retirement plan in place.
In 2023, APC never ceases to amaze. The sort of planes manufactured by the company are not required here in Nigeria undecided undecided undecided undecided undecided

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by DMerciful(m): 8:23am On Jan 19, 2023
You leave the low hanging fruits of agriculture and power to start chasing shadows

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by OMEGA009(m): 8:23am On Jan 19, 2023
Modern aircraft’s are moving forward to using technology that prevents spin but we’re GOING BACK TO EGYPT by going ahead to teach about spin?

We don’t have light, don’t refine petrol, no Jet A1 for the aeroplane sef but our problem is archaic spin technology?

Nigeria, we hail thee.

1 Like

Re: FEC Approves ₦‎2.3 Billion For Local Assembly Of Aircraft by lonelydora: 8:24am On Jan 19, 2023
Aircraft kwa?

Please what year were we supposed to produce pencil?

1 Like

(1) (2) (Reply)

Nigeria Flood Watch / Is Power Supply Improving In Your Neighbourhood? / Improved Power Supply Cuts Energy Cost 25% In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.