Adeyemi advocates N50bn bailout fund for airline operators | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Adeyemi advocates N50bn bailout fund for airline operators | The Guardian Nigeria News - Nigeria and World News


“We particularly held interactions with Airline operators and a few important factors came to fore. “With further and more critical intervention with airline operators in Nigeria, we gathered that approximately N50 billion will be required to meet the requirements of airline operators. “Taking the scope out of Africa, America for instance released the sum of 58 billion dollars as bailout funds for its airline operators. He also listed the inability of the airline operators to have access to single digit lending as obtainable in other parts of the world. He said enquiry of the committee indicated that airline operators were already discouraged and have resorted to cutting corners in carrying out maintenance requirements on their aircraft.


Source: The Guardian November 23, 2020 20:37 UTC



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