Controversy Trails N27bn Aviation Bailout Fund As Airlines Kick

Controversy Trails N27bn Aviation Bailout Fund As Airlines Kick

BY ANTHONY AWUNOR, Lagos

The N27bn Aviation Intervention Fund, expected to rescue ailing airliners and reposition the aviation sector in the country is shrouded in controversy, a development that airline operators are embittered with, LEADERSHIP can now reveal.

From the N27bn, findings show that the Central Bank of Nigeria (CBN) had disbursed N5bn as aviation palliative to airline operators in the country.

However, despite the disbursement, some operators alleged that they were side-lined as only few operators benefited from the recent…

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Controversy Trails N27bn Aviation Bailout Fund As Airlines Kick

 

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