BUSINESS NEWS

COVID-19: FG approves N5bn bailout for aviation sector

NEWSMAN – Minister of Aviation, Hadi Sirika, has disclosed that the Federal Government would soon start the disbursement of the N5bn bailout it approved for the operators of the Aviation sector.

Sirika made it known at the opening of a three-day public hearing on the six executive bills meant to reorganize the civil aviation agencies in the country on Monday.

He said the airline operators would get N4bn while other businesses in the Aviation sector would be given N1bn. PUNCH reported

However, the Senate has said the money would not be enough to keep the airline operators in business.

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