COVID-19: FG approves N5bn bailout funds for airlines, others

FG releases N5bn aviation bailout

COVID-19: FG approves N5bn bailout funds for airlines, others The Federal Government has approved the sum of N5 billion as a bailout for airline operators and other business owners in the aviation sector to cushion the effects of COVID-19 on the country’s aviation industry. Hadi Sirika, the minister of Aviation made the announcement on Monday, explaining that the sum of N4 billion has been approved as a bailout for airline operators and an additional N1 billion for other business owners in the aviation sector. Sirika says the government’s decision to…

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