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Air Peace Battled Local, Foreign Obstacles Over Lagos-London Operations — Allen Onyema

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The Chief Executive Officer (CEO) of Air Peace, Allen Onyema, says the airline faced internal and external obstacles before it could commence Lagos-London flight operation.

Air Peace, Nigeria’s flag carrier, on March 30, commenced its Lagos-London flight services.

Onyema, speaking during an interview with Arise TV on Monday, said it took seven years to be able to commence operations.

“We got the designation about 6 and a half years ago to go into London. Since then, it has been a cat-and-mouse game,” Onyema said.

“We actually procured our three-triple seven because of this route, not for any other route because we wanted to give it the blow that it deserved at that time.

“However, we were not allowed to. Whether you like it or not, there is what we call international aero-politics which is very dirty. We applied for the third-country operators (TCO). You must get that one before you start going into any European country, UK inclusive.”

  • NCAA ‘Denied’ Air Peace During Europe Verification

Onyema said the TCO organisation from Europe wrote the Nigeria Civil Aviation Authority (NCAA), asking if the agency knew Air Peace and its designation but the regulator “denied” the airline.

“My country denied us. So, they tweaked back. We went back to the NCAA and they said we did not tell them. Who designated us? The federal ministry of aviation whose duty it was and it still is to do that,” he said.

According to Onyema, the airline was ready “but they (NCAA) said until they allow us apply”.

“We got designation from the federal government and the NCAA, under the same federal government that was telling me that you should not make any application going into the UK,” he said.

This, he said, was despite obtaining licences to fly to China and India.

Onyema said NCAA does not find the airline worthy to fly to the UK, even though it is doing “over 160 hours of flying (unblemished) daily” in the country.

“No other airline in Central Western Africa does that much. So, the game is both from within and without. We were stopped. I’ll never stop saying it,” he said.

“So, we continued this cat and mouse game with the NCAA until Captain Musa Nuhu during his time said enough is now enough. Air Peace must be allowed to go in. What’s the issue? When the heat became so much, they told us to prove to them that we will be able to pass the TCO.

“If I don’t pass the TCO, it doesn’t mean anything, then I’ll leave. But allow me to go. They said we must prove to them that we will be able to pass the TCO. I said you come and audit us based on the TCO standard.

“They said we have to get consultancy firms from IATA to do that and IATA must conduct that and give their results. We paid a cost of over 200 million. We brought IATA and IATA conducted it.”

Onyema said Air Peace passed the test, subsequently writing to NCAA to approve the process to do an audit with the TCO Europe.

He said the TCO did not respond for over a year until the airline threatened to go to the press if their response was not gotten.

Meanwhile, he said the country is being fleeced by all the airlines “going to London from this place”.

Onyema said people were paying five times more than they should have been paying for flights.

BIG STORY

BREAKING: GTCO Becomes First Banking Stock To Exceed N100 On NGX

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Guaranty Trust Holding Company has achieved a strong mid-market showing during the July 16, 2025, trading session, surpassing the N100 milestone.

This makes GTCO the first banking stock listed under the NGX Banking Index to cross the N100 benchmark, while Stanbic IBTC Holdings remained just below at N99.

The upward movement aligns with the broader positive sentiment in the banking sector, where the NGX Banking Index has gained over 22% so far in July.

The development follows GTCO’s recent dual listing, which involved 2.29 billion ordinary shares being listed on the London Stock Exchange on July 9, 2025, and another 2.28 billion shares added to the Nigerian Exchange the next day.

The stock’s rise appears driven by investor response to its cross-border listing and its strong Q1 2024 financial performance. Month-to-date, GTCO has posted a gain exceeding 27%.

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BIG STORY

BREAKING: Atiku Abubakar Resigns From PDP

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The presidential flagbearer of the Peoples Democratic Party in the 2023 general elections, Alhaji Atiku Abubakar, has officially withdrawn his membership from the opposition party.

Atiku submitted his resignation ahead of the 2027 general elections, following confirmation of his involvement in forming a new coalition known as the Alliance Democratic Congress.

The resignation was contained in a letter dated Monday, July 14, 2025, and addressed to the chairman of the PDP in Jada 1 ward, Jada Local Government Area, Adamawa State.

A copy of the letter was shared on X by the Special Assistant on Media to the former Vice President on Wednesday.

The letter stated, “I am writing to formally resign my membership from the People’s Democratic Party (PDP) with immediate effect.

“I would like to take this opportunity to express my profound gratitude for the opportunities I have been given by the party.

“Serving two full terms as Vice President of Nigeria and being a presidential candidate twice has been one of the most significant chapters of my life.

“As a founding father of this esteemed party, it is indeed heartbreaking for me to make this decision.

“However, I find it necessary to part ways due to the current trajectory the party has taken, which I believe diverges from the foundational principles we stood for. It is with a heavy heart that I resign, recognising the irreconcilable differences that have emerged.

“I wish the party and its leadership all the best in the future. Thank you once again for the opportunities and support.”

 

More to come…

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BIG STORY

EFCC To Appeal Ruling Acquitting Fayose Of Money Laundering Charges

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The Economic and Financial Crimes Commission (EFCC) says it will challenge the judgment that cleared Ayodele Fayose, former governor of Ekiti state, of money laundering and fraud accusations.

In his decision on a no-case submission, Justice Chukwujekwu Aneke ruled that the prosecution did not provide enough evidence to require Fayose to present a defence.

After the judgment, EFCC counsel Rotimi Jacobs stated that the commission would obtain the certified judgment and begin the appeal process.

Fayose and his company, Spotless Investment Limited, had been re-arraigned on an 11-count charge of laundering ₦6.9 billion, allegedly during his time as governor.

The charges included allegations that Fayose received ₦1.2 billion for his 2014 campaign and accepted $5 million in cash from Obanikoro, bypassing standard banking procedures.

He was also accused of laundering several sums and using over ₦1.6 billion to purchase properties via proxies and firms such as De Privateer Ltd and Still Earth Ltd, contrary to the Money Laundering (Prohibition) Act, 2011.

During the May 19 no-case submission, Kanu Agabi, Fayose’s lawyer, argued that the prosecution failed to prove its case and pointed out that Abiodun Agbele, allegedly central to the transactions, wasn’t charged, which weakened the EFCC’s position.

“With due respect, the predicate offences do not hold water. Criminal breach of trust and conspiracy are distinct offences, and no co-conspirator was charged,” Agabi stated.

He asked the court to find that Fayose had no case to answer.

Olalekan Ojo, lawyer for the second defendant, also submitted a separate no-case application dated March 21, 2025, with supporting documents filed on May 16.

Ojo contended that the main evidence provided by the prosecution, particularly Obanikoro’s testimony, was unreliable since he confirmed there was no direct communication between Fayose and Sambo Dasuki, the former national security adviser.

Jacobs, however, urged the judge to dismiss the no-case submissions, arguing that there were unexplained financial activities that needed clarification.

He questioned why Fayose didn’t use his personal account if the money was legitimate, referencing EFCC investigator Abubakar Madaki’s claim that Fayose acquired properties through associates who later denied ownership, even though Fayose admitted the properties were his.

“If the money was clean, why not buy the properties in his name?” Jacobs asked.

He also referred to Obanikoro’s account that Fayose requested the money in cash and introduced Agbele to receive it, saying Fayose must explain these actions.

Despite these arguments, the court ruled in favour of the defendants and granted the no-case submission.

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