Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...

Fed Govt Approves N5bn Bailout For Aviation Sector         The Federal Government has said it will soon commence the disbursement of the N5 billion bailout it approved for the operators in the aviation sector. Minister of Aviation, Senator Hadi Sirika disclosed this on Monday at the opening...

Despite Suspension, FG Pegs N1bn For National Carrier         The Federal Government is to spend N1 billion on working capital for the yet to be established national carrier, according to the details of the 2021 appropriation bill. Since 2019, budgetary provision has been made for the national...

Aviation Ministry, Agencies Fix N4bn For Accommodation       The Federal Ministry of Aviation and its agencies will spend N4 billion for procuring the corporate headquarters building and staff accommodation in Abuja. The agencies include the Nigeria Civil Aviation Agency (NCAA), the Federal Airports Authority of Nigeria (FAAN),...

Fed Govt Will Double Nigeria’s Airports By 2023 – Minister       The Federal Government on Tuesday declared that it would double the number of airports across Nigeria by 2023. Nigeria has about 31 airports currently. The Federal Airports Authority of Nigeria operates 26 of the facilities, while...

COVID-19 Breach: Fed Govt May Fine Airlines $94,500       The Federal Government through the Nigerian Civil Aviation Authority could impose a total penalty of $94,500 on international airlines for breaching COVID-19 safety protocols as established by the Presidential Task Force. Minister of Aviation, Hadi Sirika, said on...