The Senate had yesterday, deplored the N4 billion bailout for airlines, stressing that the amount was too small to bring succour to the operators that lost much to COVID-19 disruptions, while other businesses within civil aviation are entitled to a N1 billion buffer.
Hadi Sirika, the Minister of Aviation, who was speaking at a three-day public hearing by the Senator Smart Adeyemi-led Senate Committee on Aviation to repeal and enact enabling laws of the Nigerian Civil Aviation Authority (NCAA) and others, in Abuja, held that the operators were indebted to government to the tune of $6.993 million and N19.4 billion. He, however, assured relevant stakeholders that the largesse would soon be made available to the Airline Operators of Nigeria (AON) for onward disbursement to members.
Read more details at Guardian.
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