Tag: FAAN

FG offers N5b Covid-19 Bailout to Aviation Operators
FG offers N5b Covid-19 Bailout to Aviation Operators

The Federal Government is offering five billion naira to support businesses in the aviation industry, including airlines that are battling with the effect of the Covid-19 pandemic. The Minister of Aviation, HADI SIRIKA, announced that the sum of four billion is for airline operators, while the remaining one billion naira is for other business owners in the…

Aviation workers protest planned concessioning of Airports
Aviation workers protest planned concessioning of Airports

Workers of the Federal Airport Authority of Nigeria have staged simultaneous protests in some airports across the country. Those affected include the Murtala Mohammed International Airport in Lagos and the Malam Aminu Kano International Airport in Kano. The FAAN workers are opposed to plans by the Federal Government to give out four airports on concession to private…

COVID-19 drains aviation revenue; as FAAN estimates 90% loss
COVID-19 drains aviation revenue; as FAAN estimates 90% loss

The Nigerian Aviation sector may take a long time to recover from losses suffered during the Covid-19 lockdown. This comes ahead of the resumption of international flight operations this weekend, after about five months of the Covid-19 lockdown in the sector. One of the government agencies that is severely hit by the effect of the pandemic is…

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