2 Months After, Airlines Await N5bn Bailout

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Almost two after the federal government approved a N5 bailout for the aviation sector, operators are worried over the delay its release, even as many airlines and allied businesses are on the brink collapse.

The government had initiated the palliative to help the industry recover from the headwinds the -19 pandemic.

On November 2, 2020, the Minister Aviation, Senator Hadi Sirika disclosed that N5bn has been approved for the industry.

Airlines are to get N4bn while N1bn was for allied providers like ground handling , caterers, among others.

Some operators yesterday confirmed that although the government promised to pay the money before the end of December, they were yet to be paid.

“We were told it should have been paid by but Dana Air has not seen anything so far,” said Chief Operating Officer (COO) of Dana Air, Mr Obi Mbanuzuo.

Spokesperson for Azman Air, Mr Nura Aliyu stated that the airline was yet to also get the palliative but was hopeful that it would be disbursed soon.

“All I know is that it is still the process. Hopefully before January, it would be disbursed,” he said.

The ground handling operators said they are yet to access the fund.

The Director of the Skyway Aviation Handling Company PLC (SAHCO), Mr Basil Agboarumi said his firm hasn’t accessed the palliative.

Mr Ikechi , an aviation stakeholder said the delay the disbursement could be dangerous.

“Why promise and then not to deliver? Delay is dangerous. The Airlines need support and they need it ,” he said.