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AMCON to Sack 1,500 Staff at Arik over Low Revenue

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There were strong indications yesterday that more than 1,500 of Arik Airline’s estimated 2,000 workforce may be retrenched this month as new management’s cost-saving measures to keep the airline alive, according to the Sun.

Arik Air has about 2,000 workers spread across its local and foreign operations, while it operated a fleet of 28 aircraft at optimal capacity, which enabled it to generate enough revenue to meet its over N1 billion wage bill.

The airline currently under the Asset Management Corporation of Nigeria (AMCON) receivership is now operating with only eight functional aircraft in its fleet which makes retain its 2,000 workforce uneconomical.

According to the Sun, the company’s expatriate staff may be the first to be disengaged, especially with the suspension of flights on international routes.

It was further gathered that some of the expatriate pilots have on their own left the country, while several indigenous pilots and cabin crew are also reported to be experiencing some form of redundancy, with the scaling down of the airline’s operations.

“With a drastic reduction of fleet from 28 to eight as well as reduction in scheduled flights from 120 to an average of 18 flights daily, there are strong indications that Arik Air would retrench most of its workers, as its revenue continues to dwindle and the number of air worthy airplanes dwindles,” the source said.

“That is the only way to cut down the overhead and keep the airline alive. But with a current monthly revenue of N1.5 billion, which is not enough to meet operating costs, offset aircraft insurance bills or pay its creditors, staff retrenchment may happen any time within the first quarter of this year. “The tragedy of Aero Contractors was the inability of AMCON to sack its over-bloated workforce even when fleet had depleted from 12 to just three. The same mistake can’t happen with Arik,” the source, a top official of an airline who wouldn’t want to be named, said.

Mr. Simon Tumba, media consultant to Arik Air has, however, refuted the alleged planned mass sack at the company saying there were plans to lay off workers. According to AMCON, what Arik Air requires to regain its full capabilities was an injection of about  N10 billion.

But aside the challenges of fleet depletion and reduction in daily flight frequencies, Arik Air is also grappling with the problem of low passenger patronage.

The recent takeover of the airline by AMCON has created some fear in most of its frequent flyers who mistook the events as an indication that the airline is no longer safe.

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Explore Nigeria With These Top Four Tour Operators

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By Ogunfowoke Adeniyi

Nigeria is a beautiful country and one of the thrilling ways to explore this beauty is by going on group tours. Of course, you can visit these destinations on your own but to unearth the real excitement in travelling, it is advisable you go in a group.

Presently, there are quite a number of tour operators that organise tours to different Nigerian destinations. So, it is not difficult to get a tour operator to get away with. However, if you want the best, tour operators in the country, Jumia Travel, identifies some of them.

Social Prefect Tour

Chiamaka Ngozi Obuekwe is the Chief Executive Officer of Social Prefect Tours, a travel brand which organises group tours, school excursions, corporate retreats, holiday packages and also offer tour guide services in Nigeria. Social Prefect Tour is one of the popular tour operators in Nigeria.

Unravelling Nigeria

Unravelling Nigeria is a company that uses an online platform to create awareness on the tourism potentials of every state in Nigeria.

They are dedicated to finding every tourist attraction around the country and showcasing it to the world so that Nigeria can become a top tourism destination. It is owned by Lola Daniyan

TP Adventures

TVP Adventures makes travel easy and affordable. It is a one-stop shop for group tours within Nigeria and Africa. TVP Adventures specialises in cultural, historical and nature tours across Nigeria and Africa.

Tour2Nigeria

Tour2Nigeria offers a window to various cultural and tourism potentials available in all nooks and crannies of Nigeria. Tour2Nigeria promotes the country’s rich culture and offer information that is second-to-none to both local and international visitors.

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Nigerian-Canadian, Lola Kassim Appointed New GM for Uber West Africa

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Lola Kassim as its new general manager for West Africa

By peter oluka

Uber, Monday, announced, the appointment of Lola Kassim, a Nigerian-Canadian, as its new general manager for West Africa.

Most recently, Lola worked as a Management Consultant with McKinsey and Company where she led teams providing strategic business advice and implementing organizational and operational improvements in the energy, public, and financial services sectors in West and Southern Africa.

A seasoned professional with over 10 years of global experience working at senior private sector and government levels in Africa and Canada, Lola will be responsible for driving Uber’s overall strategy for West Africa, which includes improving reliability and service levels for uberX and creating additional value adds for driver-partners.

“I am immensely pleased to be joining Uber at a pivotal point in the company’s growth and expansion curve. My vision for West Africa, in particular, is to ensure that we are aligned with Uber’s overall objective of creating sustainable, alternative modes of mobility. In addition to creating value for driver-partners and riders, I will also be focused on ensuring that we continue to engage with our key stakeholders and relevant partners with a view to continued positive impact across West Africa.”

Speaking on Lola’s appointment, Alon Lits, general manager Sub-Saharan Africa, Uber said: “As a company that is deeply committed to diversity and inclusiveness, we are excited to have Lola join the team of other incredible women at Uber – who are pushing the envelope towards achieving the global vision of creating value for riders and driver-partners alike. In West Africa, Lola will be supported by a highly skilled and enthusiastic team covering Operations, Marketing, Communications, Legal and Policy. As we often say at Uber, we are #superpumped.”

Prior to joining Uber, Lola spent 3.5 years as a Management Consultant at McKinsey and Company. She also worked as a Governance Advisor with the Liberian Presidency through the

Africa Governance Initiative, supporting a unit driving delivery of Presidential infrastructure priorities. She began her career with the Canadian government where she served as Policy Advisor to senior officials and managed units developing policy, strategy, and business cases regarding socio-economic development programming for Canada’s Aboriginal communities and foreign policy.

A Nigerian-Canadian, Lola holds a Bachelor’s degree from Harvard University and an MSc from the London School of Economics where she was a Chevening Scholar.

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NIPOST to Begin Banking Services Soon

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The Nigeria Postal Service (NIPOST), will soon introduce agency banking services in its operation, according to Mr Godwill Magulike, district manager (Ilorin).

 

Magulike, said that the agency’s banking services would enable Nigerians to send money across the country and beyond, thereby complimenting its courier services.

 

He said that NIPOST had earlier introduced other products aimed at reviving the postal system, serving the people better and increasing patronage.

 

He listed the products as money order, electronic stamps and address verification, among others.

 

“We have come to an era in NIPOST where we have to re-examine the activities of postal service in line with modern technologies.

 

“We also try to showcase our new products in the market apart from our core posting responsibility.

 

“For instance, with the introduction of agency banking, people can easily send money to their loved ones, across the country.

 

“We target bringing out new potentials of the service to meet the present demands in the country.

 

“This effort requires strong collaboration with the private sector whose investment capital and expertise are crucial.

 

“We are indeed getting back on track as we are reinventing, embracing digitization, redefining our value proposition and developing new product services”, he said.

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