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FG Set To Release ₦5bn From COVID-19 Intervention Fund

May 25, 2021 By Amitverain Leave a Comment

Federal Government Set To Release ₦5bn From COVID-19 Intervention Fund To Aviation Industry

Hassan Musa, a permanent section of the federal aviation ministry, told the House of Representatives on Monday that the federal government had taken steps to spend $ 5 billion. Of the already approved 2.6 billion. COVID-19 intervention fund for the aviation industry.

The Permanent Secretary appeared at the Home Aviation Committee in Abuja on Monday, explaining that the intervention fund is for all stakeholders in the sector, including airlines and car rental operators, and the rest of the entertainment needs to be distributed to agencies and regulators, including palliative salaries.

Permanent Secretary Nuhu also stated that all aircraft over the age of 22 will no longer be licensed to fly in Nigeria, noting that appropriate provisions will be put in place to ensure aircraft maintenance in the country.

The NCAA also offered to regret the current state of Murtala Mohammed Airport in Ikeja, saying the facility is becoming a gradual jungle. FAAN Director General Rabiu Yadudu also said the agency will set up an environmental unit to deal with related issues and ensure proper staff training.

 

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