NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).
NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges. A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters and two H-125 helicopters. The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
According to sources,a total of 4,116 buses valued N37 billion have been delivered to beneficiaries nationwide under the Federal Government's Public Mass Transit Revolving Fund {PMTF} Scheme.The Managing Director of The Infrastructure Bank,Mr Adekunle Oyinloye,state this in a paper he presented at a National Workshop for Chief Executive Officers of Mass Transit Companies in Abuja.Oyinloye said the buses were released to mass transit companies to provide cheap and affordable road transport services to Nigerians across the six geo-political zones and the FCT.According to him,the vehicles were provided under phase I and II of the N25 billion PMT scheme being managed by the Infrastructure Bank.He stated that the scheme has also empowered over 50,000 Nigerians,including bus drivers,bus assistants,auto-technicians and booking clerks,through direct employment.''In addition,the scheme has thrived in reducing poverty and enhancing regional integration,as more people are able to move easily across different regions of the country,and across the West African sub-region.The PMTF Scheme offers a single digit interest rate regime of five per cent per annum in Phase ! and zero percent per annum in Phase II.Thi has resulted in cost savings of about N10 billion when compared with the prevailing interest rate of about 25 percent per annum obtainable in other financial institution''.
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