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National Daily Newspaper

National Daily Newspaper

Coronavirus: US records worst ravage in 24 hours, death toll rises

  • Home
  • Business
    • fuel-pump-Pressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costsprice

      Pressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costs

    • Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

      Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

    • Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

      Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

    • MRS slashes petrol price by N50/Litre as Dangote Refinery cuts fuel costs

      MRS slashes petrol price by N50/Litre as Dangote Refinery cuts fuel costs

    • Nigerian Stock Market suffers Historic N13.29tRn loss in June selloff

      Nigerian Stock Market suffers Historic N13.29trn loss in June selloff

    • Aviation
      • Nigeria’s domestic aviation sector is under fresh financial pressure following the introduction of a new 5% federal levy on air tickets, intensifying concerns over rising operating costs, fragmented taxation, and expensive aircraft leasing arrangements that airlines say are threatening industry sustainability. The new levy, introduced as part of aviation revenue reforms, is collected alongside existing statutory charges imposed by multiple agencies. Airline operators say the additional deduction further compresses already thin profit margins in an industry already weighed down by high jet fuel prices, regulatory fees, and foreign-exchange–linked obligations. Industry stakeholders warn that the cumulative effect could push up ticket prices, dampen passenger demand, and worsen liquidity challenges for domestic carriers already struggling with cash flow constraints. Rising Tensions Between Regulators and Airlines The financial strain has coincided with renewed friction between the Nigeria Civil Aviation Authority (NCAA) and the Airline Operators of Nigeria (AON), following disputes over the remittance of statutory charges and the delivery of regulatory services. Operators say the situation reflects deeper systemic liquidity stress across the sector, where airlines are increasingly unable to meet overlapping obligations imposed by aviation agencies while maintaining operational stability. A Layered and Fragmented Tax System At the centre of industry complaints is what operators describe as a “multi-layered and excessive” taxation structure involving the NCAA, the Federal Airports Authority of Nigeria (FAAN), and the Nigerian Airspace Management Agency (NAMA). Airlines such as Air Peace, Ibom Air, and United Nigeria Airlines are subject to a range of compulsory charges, including the 5% ticket levy, passenger service charges, value-added tax on tickets and aviation inputs, and other operational deductions collected at different stages of the value chain. Industry players argue that the system creates cash flow distortions because several charges are collected upfront or deducted at source, leaving airlines with reduced working capital for day-to-day operations. Beyond ticket-based deductions, carriers also face landing fees, parking charges, overflight fees, navigation levies, and ground handling costs. Combined with jet fuel, which accounts for a significant share of total operating expenses, analysts say profitability on many domestic routes has been severely constrained. Leasing Constraints and Foreign Exchange Pressure Airlines’ challenges are compounded by difficulties in aircraft acquisition and leasing, which remain essential for fleet expansion in the absence of strong local financing options. Most carriers rely on wet and dry lease arrangements from international lessors. Wet leases, which include aircraft, crew, maintenance, and insurance, allow quick capacity deployment but are costly and typically paid in foreign currency. Regulatory limits also restrict their use to short-term arrangements. Dry leases offer more operational control and long-term stability but are increasingly difficult to secure. International lessors often view Nigeria as a high-risk environment due to concerns over aircraft repossession and currency volatility, resulting in higher insurance premiums, security deposits, and financing costs. As a result, airlines are frequently forced into short-term leasing agreements, exposing them to exchange-rate fluctuations and operational disruptions that contribute to flight delays and cancellations. Fuel Costs Deepen Financial Strain Jet A1 fuel remains one of the largest cost drivers in the sector, further squeezing margins across domestic routes. With fuel expenses, taxes, and leasing obligations combined, industry analysts say many airlines are operating with extremely narrow or unstable margins. Operators warn that without coordinated policy reforms, sustained profitability and expansion in the sector will remain difficult. Calls for Structural Reform Aviation stakeholders are calling on the federal government to streamline overlapping charges, review the newly introduced 5% levy, and consider removing VAT on aviation inputs to ease cost pressures. They are also advocating for reforms to centralise fee collection processes, improve transparency in regulatory charges, and support more stable aviation fuel supply mechanisms. In addition, industry groups are pushing for the development of a local aircraft leasing framework to reduce dependence on expensive international markets. Outlook While policymakers continue to explore potential incentives, including tax relief measures and leasing reforms, airlines say they are already adjusting operations through capacity cuts, route optimisation, and tighter financial controls. For now, Nigeria’s domestic carriers remain under significant pressure, navigating what industry players describe as one of the most financially challenging periods in recent years.

        Heading through the storm: Multiple taxes, complex leasing drag on Nigerian carriers

      • Federal High Court orders Virgin Atlantic to pay ₦13m over wrongful denial of boarding

      • ncaa

        Airlines, NCAA clash over ₦20 billion ticket sales charge debt

      • Airport taxi operators seek one-year extension on FAAN vehicle policy

      • NSIB recovers black boxes as probe deepens into private jet’s highway landing in Delta 

        NSIB recovers black boxes as probe deepens into private jet’s highway landing in Delta 

    • Agribusiness
      • Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

        Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

      • Insecurity drives rural exodus as Nigeria’s food system comes under strain

        Insecurity drives rural exodus as Nigeria’s food system comes under strain

      • Lagos announces locations for discounted food markets

        Can fertiliser intervention cool food inflation, as Nigeria expands farm support scheme

      • The Day the River Came: Nigeria’s Hidden Climate Exodus

        The Day the River Came: Nigeria’s Hidden Climate Exodus

      • Despite huge investments, Nigeria’s rice production can’t meet local consumption

        Despite huge investments, Nigeria’s rice production can’t meet local consumption

    • Energy
      • fuel-pump-Pressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costsprice

        Pressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costs

      • Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

        Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

      • Leaked court documents allege Shell ignored pipeline safety warnings in Niger Delta

        Leaked court documents allege Shell ignored pipeline safety warnings in Niger Delta

      • SEC orders immediate halt to Dangote Refinery IPO promotions, demands investor refunds

        Dangote Refinery denies claims of fuel round-tripping through Togo

      • Oil prices fall below $93 as U.S.–Iran ceasefire talks ease supply fears

        Global oil prices fall after U.S.–Iran talks

    • Naira exchange rate
      • Naira Rising, Politics Shrinking

        Naira Rising, Politics Shrinking

      • Naira firms against Dollar as CBN reports higher reserves, capital inflows

        Naira sustains week-long appreciation after Sallah holidays

      • Naira

        Naira slips near 2025 lows as demand for Dollar surges

      • Naira

        Naira inches up slightly at official market, slips on black market

      • Naira dips despite strong capital inflows, market optimism as Dollar remains subdued globally

        Naira slides to N1,606/$1 at official market amid liquidity strain

    • Maritime
      • Tinubu Grants Customs Boss Adeniyi Final Six-Month Extension

        Tinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession

      • Clean Seas: NIMASA Orders Strict Compliance with Global Anti-Pollution Rules

      • Customs, NAFDAC Launch Joint Committee to Enforce 2024 Drug, Border Safety Pact

        Customs, NAFDAC Launch Joint Committee to Enforce 2024 Drug, Border Safety Pact.

      • Pipeline Politics and Patriotism

        Pipeline Politics and Patriotism: Urhobo Youths Blow the Whistle on Saboteurs, Applaud Tantita’s Vigilance

      • Hosts Reunion as CGC Adeniyi Honours Former Directing Staff

        Customs College Reunion: CGC Adeniyi Honours Former Instructors, Reaffirms Commitment to Welfare

    • NCC
      • NCC Corporate Governance Guidelines Telecom Industry

        NCC launches 2025 corporate governance guidelines for telecom industry

      • network

        NCC defends USSD charges, says telecom rates not based arbitrary figures

      • NCC telecommunications Sector Industry Rebounds

        NCC: Nigerian telecom sector on recovery path, Expects significant investment surge

      • NCC

        NCC donates E-Health facility to Ondo State specialist hospital

      • NCC

        NCC commissions e-Health project in Ondo to revolutionize healthcare delivery through ICT

  • News
    • PFIPC saga; Presidency’s fraud claims false, Adeyemi insists

      PFIPC saga; Presidency’s fraud claims false, Adeyemi insists

    • 1 killed, 3 injured as wedding turns violent in Bauchi, police arrest nine suspects

      1 Killed, 3 injured as wedding turns violent in Bauchi, police arrest nine suspects

    • Adelabu eyes APC leadership after missing out on 2027 governorship ticket

      Adelabu eyes APC leadership after missing out on 2027 governorship ticket

    • FG clarifies position on proposed Adire uniform for NYSC members

      FG clarifies position on proposed Adire uniform for NYSC members

    • Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

      Nigerians turn to solar as rising diesel costs, unstable grid drive energy shift

    • Crime
      • 1 killed, 3 injured as wedding turns violent in Bauchi, police arrest nine suspects

        1 Killed, 3 injured as wedding turns violent in Bauchi, police arrest nine suspects

      • How illegal mining is driving environmental degradation, insecurity in Nigeria

        How illegal mining is driving environmental degradation, insecurity in Nigeria

      • Experts call for security overhaul as rising kidnappings expose gaps in Nigeria's anti-crime strategy

        Experts call for security overhaul as rising kidnappings expose gaps in Nigeria’s anti-crime strategy

      • One dead as security forces repel fresh gunmen attack on NIPSS

      • 18 Killed as land dispute triggers deadly communal clash in Niger

    • Education
      • Nigeria's universities gain global recognition, but challenges to competitiveness persist

        Nigeria’s universities gain global recognition, but challenges to competitiveness persist

      • Classrooms Collapse, Students Face Uncertainty in Anambra

        Classrooms collapse, students face uncertainty in Anambra

      • AAU lecturers threaten indefinite strike over unimplemented 2025 ASUU agreement

        AAU lecturers threaten indefinite strike over unimplemented 2025 ASUU agreement

      • U.S. Mission opens applications for 2026 EducationUSA opportunity fund program in Nigeria

      • Over 200 students, teachers affected as Ogun probes recurring gas emissions in Ijebu-Ode

        Over 200 students, teachers affected as Ogun probes recurring gas emissions in Ijebu-Ode

    • Health
      • Rising healthcare costs push more Nigerians toward herbal remedies, self-medication

        Rising healthcare costs push more Nigerians toward herbal remedies, self-medication

      • New study links pesticide exposure to higher breast cancer rates

        New study links pesticide exposure to higher breast cancer rates

      • U.S. pays four additional COVID-19 vaccine injury victims, thousands still denied

        U.S. pays four additional COVID-19 vaccine injury victims, thousands still denied

      • Canada launches parliamentary probe into alleged COVID-19 vaccine injuries

        Canada launches parliamentary probe into COVID-19 vaccine injuries

      • Experts raise fresh concerns over GMO crops, warn of health, food security risks

        Experts raise fresh concerns over GMO crops, warn of health, food security risks

    • Interview
      • DR Ardis Cult of Control Exposing Big Pharma the Mormon Church Dr. Bryan Ardis

        Dr. Ardis details departure from Mormonism, Links information Control to “Political Cults” and pharmaceutical industry

      • Dr Philip McMillan Covid 19 Czech Infertility

        Infertility Nightmare: The impact of COVID infection and vaccination

      • El-Rufai

        You are rewriting history without evidence – Presidency tells El-Rufai

      • Desperate politicians maligning Tinubu led gov’t destined to fail - Dr. Adefuye

        Desperate politicians maligning Tinubu led gov’t destined to fail – Dr. Adefuye

      • Tinubu has enslaved Nigerians

        Tinubu has enslaved Nigerians, Nigerian children to international lenders – Onovo

  • National Daily Awards
    • Gov Babajide Sanwo-Olu: Innovation and Infrastructure Governor of the Year

    • Obasanjo: An honour of Iconic Global Leadership, Peace Making Legacy At National Daily Awards

    • Usman Alkali Baba, National Daily Man of The Year recipient

    • Sanwo-Olu dedicates  National Daily Award to Lagos residents

    • Sanwo-Olu, IGP arrive Oriental Hotel for National Daily Awards

  • Politics
    • Adelabu eyes APC leadership after missing out on 2027 governorship ticket

      Adelabu eyes APC leadership after missing out on 2027 governorship ticket

    • Tinubu urges citizens to safeguard public assets, promises more infrastructure

      Tinubu urges citizens to safeguard public assets, promises more infrastructure

    • APC officially unveils Sharafadeen Alli as Oyo governorship candidate for 2027

      APC officially unveils Sharafadeen Alli as Oyo governorship candidate for 2027

    • Why the Vice Presidential slot could decide Nigeria's 2027 presidential race

      Why the Vice Presidential slot could decide Nigeria’s 2027 presidential race

    • APC Replaces Five Senatorial, 19 Reps Candidates in Final INEC List

      APC unveils revised National Assembly list, drops Suswam, Elegbeleye

  • Editorial
    • Old Age is Expensive

      Old age is expensive

    • When Parliament Joined The Wave

      Norway’s Rowing Celebration Captures The Spirit Of The World Cup

    • Ekiti 2026: Will INEC redeem self or slide further?

    • The CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising

      The CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising

    • A tale of two kidnappings

      A tale of two kidnappings

    • Comments and Issues
      • Old Age is Expensive

        Old age is expensive

      • When Parliament Joined The Wave

        Norway’s Rowing Celebration Captures The Spirit Of The World Cup

      • Ekiti 2026: Will INEC redeem self or slide further?

      • The CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising

        The CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising

      • A tale of two kidnappings

        A tale of two kidnappings

    • Editorial Opinion
      • Under the Uniform: The urgent need for mental health, substance abuse screening for officers

        Under the Uniform: The urgent need for mental health, substance abuse screening for officers

      • Stolen Childhoods: The Grim Reality of Child Trafficking in Nigeria

        Stolen Childhoods: The Grim Reality of Child Trafficking in Nigeria

      • One Fire Too Many: Lagos Infernos Demand Urgent Building

        One Fire Too Many: Lagos Infernos Demand Urgent Building Safety Audit

      • Dangote Refinery’s Direct Fuel Supply — A Bold Step Toward Energy Independence

        Dangote Refinery’s Direct Fuel Supply A Bold Step Toward Energy Independence

      • Justice Travels, Nigeria Stalls

    • Point Blank
      • Yiaga Africa Flags Discrepancies in Ballot Papers, Result Sheets

        Yiaga Africa Flags Discrepancies in Ballot Papers of Ekiti Governorship Poll

      • ‎Kano lawmaker rejoins APC after losing return ticket in NDC

        Lawmaker Returns to APC After Losing NDC Ticket

      • Jonathan Congratulates Malawi on Peaceful Election

      • Former French President Sarkozy Jailed Five Years, from Power to Prison

        Former French President Sarkozy Jailed Five Years

      • Police to Arraign NURTW Leader Over Death of Dispatch Rider

        Police to Arraign NURTW Leader Over Death of Dispatch Rider

  • Exclusive
    • Pipeline Politics and Patriotism

      Pipeline Politics and Patriotism: Urhobo Youths Blow the Whistle on Saboteurs, Applaud Tantita’s Vigilance

    • Hosts Reunion as CGC Adeniyi Honours Former Directing Staff

      Customs College Reunion: CGC Adeniyi Honours Former Instructors, Reaffirms Commitment to Welfare

    • ACP Abayomi Faniyi Bows Out in Grand Style After a Distinguished Career

    • European Union

      EU diplomat Kaja Kallas hopes to gradually suspend sanctions on Syria

    • Hezbollah members

      Israeli intelligence foils Hezbollah bomb attack on official

    • Mgt and Diplomacy
      • Hosts Reunion as CGC Adeniyi Honours Former Directing Staff

        Customs College Reunion: CGC Adeniyi Honours Former Instructors, Reaffirms Commitment to Welfare

      • European Union

        EU diplomat Kaja Kallas hopes to gradually suspend sanctions on Syria

      • President Tinubu FEC approves $618m loan fighter jets, others over FEC meeting in Abuja

        President Tinubu presides over FEC meeting in Abuja

      • Reactions as Govt seals Garki Sahad stores in Abuja

        Reactions as Govt seals Garki Sahad stores in Abuja

      • Adeleke approves N1.6bn bond certificates for 346 retirees

        Adeleke approves N1.6bn bond certificates for 346 retirees

    • Inspirational
      • Hosts Reunion as CGC Adeniyi Honours Former Directing Staff

        Customs College Reunion: CGC Adeniyi Honours Former Instructors, Reaffirms Commitment to Welfare

      • Fuel Your Fire: Five Ways to Ignite Your Daily Motivation

        Fuel Your Fire: Five ways to ignite your daily motivation

      • Your Circle Shapes Your Destiny future

        Your circle shapes your destiny: Why choosing your friends wisely is key to success

      • Lagos, a moving shadow

        Streetlights and Shadows: The Invisible Children of Lagos

      • Pastor Chris

        Pastor Chris Oyakhilome declares 2025 as year of completeness at New Year’s Eve Service

    • Nat. Standard
      • Mild drama at Ekiti polling unit as electorates send EFCC team away

        Mild drama at Ekiti polling unit as electorates send EFCC team away

      • Tinubu’s Rough Road to 2027 Post Buhari's Death

        Tinubu’s Rough Road to 2027: Politics in the Shadow of Buhari’s Death

      • Minister, Idris, challenges Senate to review outdated laws to improve performance in the information sector

        Minister, Idris, challenges Senate to review outdated laws to improve performance in the information sector

      • National Standard e-edition

      • We know about Nigeria’s Agidi but what about Ugali, Kenya’s staple food?

    • Features
      • Under the Uniform: The urgent need for mental health, substance abuse screening for officers

        Under the Uniform: The urgent need for mental health, substance abuse screening for officers

      • Money

        Reforms Without Relief: Why Nigerians Still Struggle Amid Progress”

      • Tinubu’s Rough Road to 2027 Post Buhari's Death

        Tinubu’s Rough Road to 2027: Politics in the Shadow of Buhari’s Death

      • The Day the River Came: Nigeria’s Hidden Climate Exodus

        The Day the River Came: Nigeria’s Hidden Climate Exodus

      • UK and Canada shut doors; Is Germany the new japa route?

        UK and Canada shut doors; Is Germany the new japa route?

  • Sports
    • Commonwealth Games: NSC targets 20 gold medals for Team Nigeria

    • D’Tigers edge Tunisia 84-81 in World Cup qualifiers

    • Brazil’s Paquetá ruled out of World Cup clash with Norway

    • Klopp emerges as favourite for Germany job amid reports of Nagelsmann’s imminent exit

    • Tinubu hosts Team Nigeria ahead of 2026 Commonwealth Games

    • Football
      • Brazil’s Paquetá ruled out of World Cup clash with Norway

      • Klopp emerges as favourite for Germany job amid reports of Nagelsmann’s imminent exit

      • FIFA U-17 Women’s World Cup: Flamingos eye first-leg advantage against Benin

      • Former Spain midfielder Cazorla retires at 41

      • Senegal, Bosnia, 8 other countries crash out of World Cup 2026 after round of 32 battles

        Senegal, Bosnia, 8 other countries crash out of World Cup 2026 after round of 32 battles

  • Trends
    • Alaafin of Oyo visits Latin America’s largest Afro-Brazilian Museum in Brazil

    • Ex-LSU Nigerian sprinter Godson Oghenebrume sentenced to 27 months in U.S. over firearm conviction

    • Nigerian husband of South African Deputy Mayor arrested over alleged harbouring of undocumented migrants

    • ‘Olodo Uprising’: Ycee’s remarks ignite national debate on education, success and Nigeria’s digital economy

    • Beyond the exodus: Young Nigerians redefine “Japa” through global remote work

    • Trending Stories
      • Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

        Rising insecurity threatens Nigeria’s food supply as farming communities abandon farmlands

      • Homeownership slipping out of reach as Nigeria’s middle class battles rising housing costs

        Homeownership slipping out of reach as Nigeria’s middle class battles rising housing costs

      • Security guard rescued alive eight days after deadly Venezuela earthquakes

      • 18 Killed as land dispute triggers deadly communal clash in Niger

      • The Day the River Came: Nigeria’s Hidden Climate Exodus

        FG warns of increased flood risk as peak rainy season sets in

    • Youth Culture
      • Court Orders DNA Test

        Court Orders DNA Test on Late Mohbad’s Son

      • Social Media and Crisis Communication in Nigeria: Lifeline or Landmine?

        Social Media and Crisis Communication in Nigeria: Lifeline or Landmine?

      • Beyond the Classroom: How Nigeria’s Teachers in North Central Are Defending Children’s Rights

        Beyond the Classroom: How Nigeria’s Teachers Are Defending Children’s Rights

      • Drug abuse

        High on Despair: Nigeria’s Youth Trapped in the Grip of Drugs

      • Fuel Your Fire: Five Ways to Ignite Your Daily Motivation

        Fuel Your Fire: Five ways to ignite your daily motivation

  • Covid-19
    • DR Ardis Cult of Control Exposing Big Pharma the Mormon Church Dr. Bryan Ardis

      Dr. Ardis details departure from Mormonism, Links information Control to “Political Cults” and pharmaceutical industry

    • Robert F. Kennedy Jr. Autism CDC

      Robert F. Kennedy Jr. Alleges CDC buried internal study showing 1135% Autism risk increase from Hepatitis B Vaccine

    • Dr Philip McMillan Covid 19 Czech Infertility

      Infertility Nightmare: The impact of COVID infection and vaccination

    • KANSAS FEDERAL COURT DISMISSES PFIZER’S EFFORTS TO STOP THE STATE’S LAWSUIT

    • Greene covid vaccine

      Rep. Marjorie Taylor Greene calls for removal of COVID-19 vaccine from childhood immunization schedule

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Covid-19

Coronavirus: US records worst ravage in 24 hours, death toll rises

Published

6 years ago

on

March 22, 2020

By

Editor

 

The raging coronavirus  has claimed more than 100 lives in the past 24 hours in the United States.

No fewer than 389 deaths were recorded as of Sunday, according to a tally from Johns Hopkins University.

The states of New York (114 deaths), Washington (94 deaths) and California (28 deaths) have been the hardest hit by far. The virus has infected at least 30,000 people nationwide

President Donald Trump has been claiming the US is on top of the outbreak containment as approved chloroquine for the treatment.

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