How aviation firms shared N5bn bailout fund, says document

N5bn bailout fund

How aviation firms shared N5bn bailout fund, says document   Exactly N4,995,999,999.90 was disbursed to the aviation industry following the N5bn COVID-19 palliative the Federal Government pledged to support the sector. According to a document obtained by our correspondent, ground handling companies, scheduled and non-scheduled airline operators; the National Association of Travel Agencies, aviation fuel marketers as well as airport car hire services partook from the fund. Scheduled operators received N3 billion with five per cent deduction for the Federal Airports Authority of Nigeria (FAAN), the Nigeria Airspace Management Agency…

Read more