Slok Air International Gambia not Soaring

July 10, 2008 by User ImageOCI · Leave a Comment 

Slok Air Gambia is not soaring to greater heights if news emanating from far away Gambia is true. News from Gambia indicates that the formal Nigerian registered Airline is having difficulties in its operations and may be at the brink of bankruptcy.

Reports reaching the Daily Observer indicate that Slok Air International, a scheduled passenger airline, is owing its staff at least two months salary, amid fears of financial bankruptcy.

Our reporter who was at the Slok Air headquarters on Kairaba Avenue, met some staff who were grumbling about their unpaid salaries and allowances. Some of them pointed fingers at their superiors in the airline for the prolonged problems.

One of the disgruntled staff accused the management of ignoring their plight, saying that they have been working under difficult circumstances without a pay.>>> READ MORE

It will be recalled that SloK Air was suspended in Nigeria and its operating license was withdrawn in 2004 and it found a new home in the Gambia and have since been making waves.

Whatever, the reasons are we hope the company finds a way out of it present predicaments.

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Nedbank SA applies for license in Nigeria

June 5, 2008 by User ImageOCI · 2 Comments 

Opening a bank in Nigeria has become easier, thanks to the Minister of National Planning, Senator Sanusi Daggash. This ascertion was made during President Yar’Adua current state visit to South Africa.

According to Nigerian Tribune, in response to a request by Nedbank South Africa’s CEO Siphiwe Cele for assistance to facilitate their current move to bring their services into Nigeria; it reports

Sanusi Daggash, the Nigerian Minister for National Planning, who was in the entourage of President Yar’Adua, reassured Cele, saying all the bank needed to do was fill in the right forms and the licence would be granted.

I do not know what you think, but it leaves a bad taste in the mouth if it takes filling only the right forms for approval to be granted to a bank to operate in Nigeria. I hope the the CBN Governor thinks otherwise.

One is quick to ask, what the Minister of National Planning has got to do with banking license in Nigeria? I think it is important that these Minister know where there areas of expertise are especially in maters like this.

Application for a banking license to the best of my ability trancends beyond filling of forms. I sincerely hope, the Minister meant another thing or is being quoted out of context as the case will always be.

We look forward to a successful application process while waiting to welcome Nedbank to our great country.

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