Bickering over proposed intervention funds for airlines


BusinessMetricsNG with wire report The proposed federal government’s intervention fund for airlines is generating fuss in the aviation sector, Daily Trust’s investigations have revealed. Stakeholders are sharply divided over whether funds should be given directly or not to airlines following the impact of COVID-19 pandemic on airline operators. Some of them argued that N200 billion intervention fund given to airlines in 2012 was diverted. John Ojikutu Aviation analyst, Group Capt., (rtd) had suggested that monetary intervention should not be given to airlines but they can be supported with waiver on…

Read more