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FG sets up taskforce to fast-track PPPs in aviation sector

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The Minister of Aviation, Festus Keyamo announced the formation of a dedicated task force within the Ministry of Aviation to work alongside ICRC’s team. He stressed the need to establish clear timelines to expedite PPP projects.
The federal government has inaugurated task forces in the Infrastructure Concession Regulatory Commission (ICRC) and the Ministry of Aviation to accelerate public-private partnerships (PPPs) and revitalise Nigeria’s aviation sector.
The decision followed a meeting in Abuja on Tuesday, October 8, 2024, between the Director-General of ICRC, Dr Jobson Ewalefoh, and the Minister of Aviation, Festus Keyamo, SAN.
Dr Ewalefoh underscored the aviation sector’s potential as a key driver of Nigeria’s economic growth, noting that PPPs can deliver the necessary infrastructure without burdening the public purse.
“Nigeria, with over 200 million people, holds vast investment opportunities, and with the right infrastructure, it can become a central hub connecting Africa to the world,” Ewalefoh stated.
READ ALSO: Flight operations set to resume at Ebonyi Airport
He compared successful PPP models, citing Dakar Airport’s $575 million investment, where private funding covered a significant portion, and Kenya’s 70% passenger growth through similar partnerships.
Ewalefoh highlighted the government’s commitment by referencing President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises PPPs for infrastructure development.
“We have what it takes, but we need to put the right infrastructure in place,” he said.
He praised Keyamo’s legal expertise and proactive measures, noting these qualities would prevent past challenges that resulted in litigation over failed aviation PPPs.
“We need to work day and night to bridge Nigeria’s infrastructure gap swiftly,” he added.
Future of aviation in Nigeria
Responding to the DG’s remarks, Keyamo announced the formation of a dedicated task force within the Ministry of Aviation to work alongside ICRC’s team. He stressed the need to establish clear timelines to expedite PPP projects.
“We have a lot of milestone achievements in aviation policy, but now, our focus will be on fast-tracking PPP projects,” Keyamo affirmed, citing projects such as cargo terminals as priorities for development.
READ ALSO: Aviation minister inspects infrastructure upgrade at Lagos airport
The Minister lauded Dr Ewalefoh’s proactive approach and assured the ICRC of seamless collaboration.
Keyamo also credited the DG with facilitating crucial policy changes, including Nigeria’s recent endorsement of the Cape Town Convention Practice Direction after a decade-long delay and resolving diplomatic issues that have allowed Emirate Airlines to resume flights to Nigeria.
With both task forces now operational, the Federal Government aims to make Nigeria an investment magnet in the aviation sector, setting the stage for swift and strategic infrastructure expansion.
#sets #taskforce #fasttrack #PPPs #aviation #sector
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Best Cryptos To Buy Now: Why These Top 5 Coins Could Explode Amidst Meme Coin and Altcoin Super Cycles

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John
Some market observers anticipate that meme coin and altcoin super cycles could be on the horizon, prompting crypto enthusiasts and buyers to search for the best cryptos to buy now. Among the cryptocurrencies gaining traction ahead of these potential phenomena are Toncoin, Polkadot, MANTRA, B3 (Base), and the new altcoin JetBolt (JBOLT).
While still in presale, the zero-gas altcoin JetBolt is receiving an overwhelming response from blockchain whales and crypto aficionados. It has sold more than 320 million tokens, a huge feat for this young crypto.
Can JetBolt and the rest of the featured coins sustain their current momentum? Let’s discover why these top 5 coins could explode amidst meme coin and altcoin super cycles.
The Ultimate List of the Best Cryptos to Buy Now:
JetBolt (JBOLT): Young altcoin with zero-gas tech and rapidly expanding presale.
Toncoin (TON): Native token of “The Open Network.”
Polkadot (DOT): Blockchain project that connects blockchains.
MANTRA (OM): DeFi services ecosystem offering RWA tokenization.
B3 (Base) (B3): A Layer-3 solution on the Base chain.
Best Cryptos To Buy Now: An Extensive Overview
1) JetBolt (JBOLT)
At its core, JetBolt is a young altcoin offering groundbreaking features. Its zero-gas technology enables crypto users to transact without paying for gas fees. JetBolt also boasts an intuitive crypto-staking platform that allows stakers to earn rewards when they simultaneously stake their tokens and interact with friends.
Additionally, JetBolt offers an AI-powered crypto insights tool that showcases crypto news and stories arranged according to bearish or bullish market sentiment.
With the JetBolt presale underway, early buyers can get exclusive perks, such as extra tokens when they purchase Alpha Boxes or JBOLT tokens in batches. JetBolt has already sold over 320 million tokens since its launch.
2) Toncoin (TON)
Toncoin is the native token of “The Open Network” (TON), a decentralized blockchain platform. It is utilized for transaction fee payments, powers the network’s operations, and serves as a governance token.
3) Polkadot (DOT)
Polkadot is a blockchain project that connects blockchains, enabling data to be sent seamlessly across various blockchain networks. DOT is the network’s native token, used for staking and governance.
Chart of Polkadot’s price movement over the past 24 hours shows DOT trading at $5.15 based on CoinMarketCap data
4) MANTRA (OM)
MANTRA is a decentralized finance (DeFi) services ecosystem built on the Rio Chain. MANTRA offers financial services such as real-world asset (RWA) tokenization that adhere to regulatory compliance. Holders use OM tokens to partake in decision-making processes inside the ecosystem.
5) B3 (Base) (B3)
B3 is a Layer-3 solution on the Base chain created for seamless blockchain gaming for developers and players. According to Logan Hitchcock’s article on Decrypt, B3 has more than 80 games and has attracted 6 million players since 2024.
Best Cryptos to Buy Now: Key Takeaways
In this extensive overview, we discovered why Toncoin, Polkadot, JetBolt, MANTRA, and B3 (Base) are seen as strong contenders for the best cryptos to buy now. JetBolt is a captivating altcoin to explore, thanks to its suite of cutting-edge features and its ongoing presale.
While each cryptocurrency is innovative in its own way, it’s impossible to predict whether any of these coins could explode in the potential meme coin and altcoin super cycles because of market volatility.
For more details about JetBolt’s features and ongoing presale, visit the official JetBolt website today.
FAQs:
What are the top 5 crypto coins?
Here are the top 5 coins that are gaining popularity amidst the potential meme coin and altcoin supercycles:
Toncoin
Polkadot
JetBolt
MANTRA
B3 (Base)
What crypto is best to buy now?
Based on emerging crypto industry trends and other market developments, Toncoin, Polkadot, JetBolt, MANTRA, and B3 (Base) are some of the best cryptos to buy now. Each demonstrates qualities that make them appealing to crypto buyers.
This written piece does not offer any financial advice. All cryptocurrencies carry significant risks and are subject to the crypto market’s volatility. Thus, due diligence and extensive research are essential before acquiring a crypto asset.
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