AFRICAN AIRLINES RECORD 5.7% DECREASED DEMAND FOR AIR CARGO IN FEBRUARY- IATA. (PHOTO).

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 African Airlines record 5.7% decreased demand for air cargo in February — IATA African airlines recorded a 5.7% year-on-year decline in air cargo demand in February 2025, with capacity decreasing by 0.6% in the same period. Capacity, measured in available cargo tonne-kilometers (ACTK), dropped by 0.4%, although international operations saw a 1.1% increase. The International Air Transport Association (IATA) report showed that global capacity decreased by 0.4%, with international operations showing a slight increase of 0.4% in demand. Globally, air cargo demand fell by 0.1% compared to February 2024, marking the first decline since mid-2023. “African airlines saw a 5.7% year-on-year decrease in demand for air cargo in February. Capacity decreased by 0.6% year-on-year,” the report read in part. It added, “Total demand, measured in cargo tonne-kilometers (CTK), declined by 0.1% compared to February 2024 levels (+0.4% for international operations). This marks the first decline since mi...

LAGOS STATE IS NOT PRIVATIZING WATER CORPORATION-ADEJARE.

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          The Commissiner for the Environment,Dr. Babatunde Adejare disclosed this today at the monthly Press Briefing of the Ministry of the Environment,organized to inform and enlighten the general public on the activities of the State government concerning the environment.Adejare stated that rather than privatize,the State government would collaborate with Interested private individuals or organisations to build water works under a Public Private Partnership arrangement in which the private sector partner would build,operate and charge reasonable amount for their services.he said this move became necessary as the cost of building single water works had skyrocketed due to the exchange rat volatility,whereas government has limited resources with competing needs across sectors.''We cannot afford to stick to the status-quo as are battling with vector-borne diseases and we need to sort out the issue of appropriate pricing.Currently Water Corporation charges 5k per liter against N00 per liter charged by the local water vendor'',he said.Adejare maintained that water supply in the State was being given a new lease of life as most of the water
  water works such as Ishasi,Adiyan and Iju Waterworks now produce and supply uninterrupted water to Lagosians upon the repairs of equipment and restoration of power supply,saying government is finding a lasting solution to billing problems as well.While restating the policy of Lagos State Government on cleaner and sustainable environment,the Commissioner said government infractions and would not relent in bringing about a sustainable environment.he also reaffirmed the policy of zero tolerance on street trading and hawking in the State,warning violators of environmental laws to desist or incur the wrath of the law.
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