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First with the News
Home Economy

Aviation Sector Gulped Over N100bn In 5 Years– Sirika

The minister said the funds were used for airport equipment’s, staff training, and emolument.

March 25, 2021
in Economy, Top Stories
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Minister of Aviation, Hadi Sirika

Minister of Aviation, Hadi Sirika

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Minister of Aviation, Hadi Sirika on Thursday said the Federal Government has invested over N100 billion in the aviation sector within the last five years.

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Disclosing this in Abuja during the 8th edition of the aviation workers week with the theme; ‘The challenges of COVID-19 pandemic to the Nigerian Aviation industry: The path to recovery’, the minister said the funds were used for airport equipment’s, staff training, and emolument.

Sirika who was represented by the Minister of State for Science and Technology, Barr. Mohammed Abdullahi also said the aviation sector was key to global security.

“The government deployed resources to equipping state governments through various interventions. From 2015 till date, the federal government has deployed over N100 billion to develop the aviation sector.

“When this government came on board in 2015, there were a number of airports projects that were abandoned, basically because of lack of fund and because of arguments over contractual obligations, so the government evaluated some of these challenges and committed funds towards that.

“The funds were used for airports upgrade, procurement of equipment, training of staff, settling of relevant emolument, navigation equipment, weather equipment and so many others. So it was whole industry intervention,” he added.

 

Tags: FAANFederal GovernmentMinistry of AviationNCAA
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