BNW

 

B N W: Biafra Nigeria World News

 

BNW Headline News

 

BNW: The Authority on Biafra Nigeria

BNW Writer's Block 

BNW Magazine

 BNW News Archive

Home: Biafra Nigeria World

 

BNW Message Board

 WaZoBia

Biafra Net

 Igbo Net

Africa World 

Submit Article to BNW

BNWlette

BNWlette

BNWlette

BNWlette

BNWlette

 

Domain Pavilion: Best Domain Names

Independentng.com homepage - Home of Independent Newspapers Nigeria LimitedNo automatic jobs for NAL workers in Virgin Nigeria - CEO

Last Updated: Monday, November 1st, 2004 HOME | Previous Page

No automatic jobs for NAL workers in Virgin Nigeria - CEO

 

By Rotimi Durojaiye

Aviation Correspondent, Lagos

 

Qualified and experienced they may be, but old employees of liquidated Nigeria Airways Limited (NAL) will not be given jobs automatically in the new national carrier, Virgin Nigeria Airways (VNA).

And the management team may not necessarily be Nigerians, VNA Chief Executive Officer Simon Harford told newsmen in Lagos at the weekend.

It would soon begin the recruitment of “thousands of qualified people”, however, he ruled out employment for former NAL workers on a platter of gold.

“I’m working already with a team of 70 experts. We are blending skills already. We will employ thousands of Nigerians, but the airline will be completely separated from Virgin Atlantic Airways. We will employ people in the field of engineering, marketing, finance, insurance and accounting. We will run the business in a separate entity from the old Nigeria Airways. Nigeria does not want another rushed job”, Harford said.

His preference is to recruit locals because they have “the qualification and a better understanding” of the Nigerian market, however, “if those persons could not be gotten from Nigeria, we will go outside the country. I have the responsibility to get the right persons, with the right scale and qualifications, the people who are acceptable to all investors”.

Harford, who has held several senior positions in the aviation industry across the world, disclosed that the core investors for the national carrier, Virgin Atlantic and the government would soon select a leading investment bank in Nigeria to place the 51 percent equity meant for the Nigerian public and institutional investors.

The airline has pledged not rush things and is still processing the relevant documents with the Nigerian Civil Aviation Authority (NCAA) and the Corporate Affairs Commission (CAC).

Last September, the government appointed Virgin Atlantic as the strategic investor/technical partner in VNA, in which the British airline holds 49 percent equity worth $50 million. Nigerians and institutional investors are expected to take up the remaining 51 per cent of $250 million.

With the sharing arrangement, Virgin Atlantic would emerge the largest shareholder.

 


Copyright� 2004. All Rights Reserved.
Independent Newspapers Limited
Block5, Plot 7D, Wempco Road, Ogba, P.M.B. 21777, Ikeja, Lagos State, Nigeria.
www.independentng.com

e-mail: [email protected]

Designed By

Powered By DNet.




 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BNWlette

BNWlette

BNW News

BNWlette

BNWlette

Voice of Biafra | Biafra World | Biafra Online | Biafra Web | MASSOB | Biafra Forum | BLM | Biafra Consortium

 

 

 

 

 

 

 Axiom PSI Yam Festival Series, Iri Ji Nd'Igbo the Kola-Nut Series,Nigeria Masterweb

Norimatsu | Nigeria Forum | Biafra | Biafra Nigeria | BLM | Hausa Forum | Biafra Web | Voice of Biafra | Okonko Research and Igbology |
| Igbo World | BNW | MASSOB | Igbo Net | bentech | IGBO FORUM | HAUSA NET (AWUSANET) | AREWA FORUM | YORUBA NET | YORUBA FORUM | New Nigeriaworld | WIC: World Igbo Congress