COVID-19: FG approves N5bn bailout for aviation sector

The Minister of Aviation, Senator Hadi Sirika, said on Monday that the Federal Government would soon start the disbursement of the N5bn bailout it approved for the operators of the Aviation sector.

Sirika stated this at the opening of a  three-day public hearing on the six executive bills meant to reorganise the civil aviation agencies in the country.

He said the airline operators would get N4bn while other  businesses in the Aviation sector would be given N1bn

The Senate has, however, said the money would not be enough to keep the airline operators in business.

Details later…

Check Also

Fuel Subsidy: Measures To Cushion The Sufferings Underway — Former Minister

Immediate Past Minister of State for Transportation, Hon Ademola Adegoroye, has assured Nigerians that President, …

NAPTIP Dismisses 5 Officers For Bribe, Misconduct

The National Agency for the Prohibition of Trafficking in Persons, NAPTIP, has dismissed five of …

Fuel Crisis: Petrol Price Now Above N500 per Litre – Marketers Confirm

Oil marketers, on Wednesday, confirmed the hike in the pump price of Premium Motor Spirit …

Leave a Reply

Your email address will not be published. Required fields are marked *