This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace, on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.
News
NDLEA Nabs Kingpin with Cocaine Worth N8Bn in Lagos
National Drug Law Enforcement Agency (NDLEA) has intercepted 36 blocks of cocaine weighing 27.95 kilogrammes with a street value of over N8 billion at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos.
Mr Femi Babafemi, director, Media and Advocacy, NDLEA, in a statement on Sunday, said a suspected Brazil-based drug kingpin identified as Mr Ejiofor Felix Enwereaku, who led a syndicate was arrested at the airport on Friday, May 14.
He said the suspect was arrested for importing 27.95kg of cocaine using an organised criminal gang, which specialised in tagging and planting drugs in innocent travellers’ luggage.
Mr Babafemi added that based on intelligence, narcotic agents at the MMIA had Saturday, May 8 intercepted a bag that arrived at the Lagos airport from GRU, Brazil via Addis Ababa, Ethiopia.
He said the baggage with tag No. – ET331199 arrived through an Ethiopian airline flight but was disclaimed by an arriving passenger on the flight, with the disclaimed bag promptly secured by NDLEA operatives for investigation.
According to him, on Sunday, May 9, a man came to the airport to make an inquiry on how to get the disclaimed bag released. He was promptly arrested for investigation.
“The disclaimed bag was opened in the presence of the arriving passenger and the man who came to negotiate the release of the disputed bag.
“When it was opened, it was found that the bag contained 36 blocks of cocaine, weighing 27.95kg.
“A follow-up sting operation was carried out, which led to the arrest of Ejiofor Felix Enwereaku, the prime suspect, on Friday 14th May, upon his arrival from Addis Ababa onboard Ethiopian airline,” said the statement.
He added that during preliminary interrogation after his arrest, he confessed to having been contracted by his Ethiopian associate, a notorious drug baron to claim and push out the consignment in Lagos.
“He further admitted to having paid the $24,500 bribe in three tranches to compromise NDLEA officers.
“The first was $10,000 delivered through his representative in Lagos and another $10,000 via his First Bank account while the third tranche of $4,500 was paid at the point of his arrest.
“His group is suspected to be responsible for recruiting traffickers to move illicit drugs to various destinations using Nigeria as their transit location and also planting drugs in the luggage of innocent travellers,” he said.
Mr Buba Marwa, chairman, NDLEA, was impressed by the outcome of the intelligence-led operational strategies that took weeks of painstaking efforts and closely monitored by him.
Mr Marwa commended Ahmadu Garba, commander, MMIA Command of the agency, his officers and men for their diligence and resilience in following up every lead in the case until the kingpin was successfully entrapped and arrested.
“I have warned that we will henceforth, not only go after the traffickers but with the same vigour target the cartels and the kingpins that operate the.
“The latest arrest is a clear confirmation that we will match our words with action and that we will come for those who will not back out of the criminal trade.
“And wherever they are hiding, pushing instruments of death through our borders to destroy the lives of our youths, we will bring them out,” he said.
The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.
The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.
Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.
The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.
NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.
Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.
International Monetary Fund (IMF) has revised downward its economic growth forecast for Nigeria in 2025 to 3.0%, a 0.2 percentage point cut from its earlier projection of 3.2%.
The downgrade is attributed to a decline in global crude oil prices, which remain a significant driver of Nigeria’s economy.
The updated figures were published in the IMF’s April 2025 World Economic Outlook (WEO) report, released in Washington, DC, during the ongoing Spring Meetings of the IMF and the World Bank.
The report outlines global and regional economic trends, highlighting continued vulnerability among oil-dependent economies.
According to the IMF, growth across sub-Saharan Africa is also expected to experience a modest decline, with projections falling from 4.0% in 2024 to 3.8% in 2025. However, a slight recovery is anticipated in 2026, with growth forecasted at 4.2%.
Nigeria, Africa’s largest economy, was singled out in the report as among the major economies affected by falling oil prices. The IMF noted that the country’s 2026 growth forecast has also been revised downward by 0.3 percentage points.
The IMF further reported similar economic challenges in other African countries. In South Africa, growth projections were adjusted downward by 0.5 percentage point for 2025 and 0.3 percentage point for 2026.
These revisions reflect weakening economic momentum following a lacklustre 2024, growing uncertainty, a rise in protectionist economic policies, and the impact of a broader global slowdown.
In a more severe adjustment, the IMF slashed South Sudan’s 2025 economic growth forecast by a staggering 31.5 percentage points.
The sharp decline is linked to delays in the resumption of oil production after a major pipeline sustained damage, significantly impacting the country’s revenue and export capacity.
The IMF’s outlook underscores the fragility of economies heavily reliant on natural resources and the ongoing risks posed by global market volatility.
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