
Aviation stakeholders are urging the Federal Government to address the escalating cost of aviation fuel, warning that it could jeopardize preparations for the 2026 Hajj. Bukalti Gamawa, President of the Concerned Aviation Stakeholders, stated that the sharp increase in Jet A1 fuel prices, exacerbated by global oil price hikes due to international conflicts, poses a significant threat to airlifting thousands of Nigerian pilgrims to Saudi Arabia. Nigeria's aviation industry has seen over a 300 percent rise in fuel prices, forcing some airlines to reduce or suspend operations. Stakeholders emphasize that many airlines contracted for the 2026 Hajj planned to lease aircraft, but the current fuel costs have eroded profit margins, potentially leading to operations at a loss. They advocate for urgent policy actions such as price regulation, forex support, or special fuel arrangements, despite the removal of Hajj subsidies. Gamawa warned that without immediate intervention, the 2026 Hajj could face record-high fares or operational disruptions. Jet A1, which was approximately ₦1,000 per litre in Nigeria and $0.68 per litre in Saudi Arabia when contracts were negotiated, now sells for up to ₦3,000 per litre in Nigeria and around $1.40 per litre in Saudi Arabia. This represents a 200% increase in Nigeria and over 105% in Saudi Arabia. For example, a single flight from Nigeria to Saudi Arabia, consuming about 70,000 litres, would have cost ₦70 million but now costs around ₦175 million. Ai
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This summary was AI-generated from a story originally published by Punch Nigeria.

President Bola Tinubu announced that his administration has ended the practice of public infrastructure projects facing prolonged delays and budget cycles. This declaration was made during the commissioning of the full-scope development of Arterial Road N5, Obafemi Awolowo Way, which connects Life Camp Junction to Ring Road III in Dape District, Abuja. Represented by Vice President Kashim Shettima, President Tinubu emphasized that infrastructure is a measure of a nation's seriousness and reaffirmed his commitment to transforming Abuja into a capital city that reflects Nigeria's growing population, economic aspirations, and national identity. He noted that the N5 project, awarded to Julius Berger with a 15-month timeline, was conceived, funded, and completed under the current administration, unlike past projects that became permanent budget items. The President stated that the completed N5 corridor creates faster connections across Dape, Karmo, Gwarinpa I, Kado, Idu, and Mbora, improving access to the Idu Industrial District and resolving a notorious traffic bottleneck at Life Camp Junction. He commended the Minister of the Federal Capital Territory, Nyesom Wike, for his role in driving infrastructure execution and called on residents and businesses to fulfill tax obligations to support further development. Minister Wike highlighted the unprecedented pace of development in satellite towns under the Tinubu administration, while the Minister of State for the FCT, Dr. Mariya Mahm

The Anambra State government is collaborating with the Presidential Enabling Business Environment Council PEBEC to transform the state into a destination hub and realize its “Vision 2070” agenda. This partnership, announced by the Secretary to the State Government, Chiamaka Nnake, during a ‘Nationwide Town hall and State Engagement Tour’ meeting, aims to simplify business operations in Anambra State and the wider South-East region. Nnake stated that the initiative aligns with Governor Prof. Chukwuma Soludo’s vision to improve the state’s business climate and foster transparency. The Director General of PEBEC, Princess Zahrah Audu, highlighted that the nationwide tour seeks to strengthen business relationships and create a more conducive environment for investors across Nigeria. Audu emphasized President Bola Tinubu’s vision for economic determination at state and local levels, and commended the Anambra State Government for its support. Chukwukadibia Okoye, the State Commissioner for Budget and Economic Planning, noted that the PEBEC program will improve the ease of doing business, attract investors, reduce bottlenecks, and boost investment promotion, all contributing to Anambra’s goal of becoming Nigeria’s destination hub by 2070.

Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission EFCC, cautioned Nigerians against vote buying and money politics, calling them significant threats to democratic governance. Speaking in Ilorin, Kwara State, at the University of Ilorin's Centre for Peace and Strategic Studies, Olukoyede emphasized the EFCC's commitment to preventing the commercialization of the electoral process. He stated that vote buying undermines democracy and good governance, leading political leaders who benefit from it to prioritize recouping their investments over public good and accountability. Olukoyede also noted the increasing sophistication of electoral offenses, with perpetrators using covert strategies and codes. He disclosed that the EFCC has made arrests and secured convictions in election-related cases and plans to intensify enforcement before the 2027 elections. He urged political parties to engage in issue-based campaigns and called on the media and security agencies to maintain professionalism and neutrality to safeguard the electoral process, stressing that credible elections require stakeholder collaboration, stronger law enforcement, and a commitment to peace.