COVID-19: FG Approves N5bn For Aviation Sector Bailout

November 2, 2020
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By Ejike Ejike, Abuja

 The federal government has approved N5 billion bailout for the aviation sector to cushion the effects of COVID-19 pandemic.

This was revealed by the Minister of Aviation, Senator Hadi Sirika at the opening of a three – day public hearing on the six executive bills meant to reorganise the civil aviation agencies in the country.

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According to the minister, the federal government would soon start disbursement of the funds to operators of the Aviation sector.

Sirika stated that the airline operators would get N 4bn while other businesses in the Aviation sector would be given N 1bn.

This is even as the Senate has, however, said the money would not be enough to keep the airline operators in business.

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