FG providing N27bn financial support for aviation sector

FG releases N5bn aviation bailout

The Federal Government has put in a process to ensure the revival of the aviation industry after the devastating blows suffered by the sector in the hand of Coronavirus pandemic and lockdown. To achieve this, government is providing N27 billion financial support for the sector in its economic plan christened ‘Nigeria Economic Sustainability Plan. Following the health and economic emergencies caused by the COVID-19 outbreak, President Muhammadu Buhari established the Economic Sustainability Committee (ESC) on March 30, 2020. Members of the committee include Vice-President Yemi Osinbajo, ministers of finance, budget…

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