Federal Government worries over N37bn debt by airlines, concessionaires

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The Federal Government has raised concerns over a -N-37 billion debt owed by airlines.

The Minister of Aviation, Hadi Sirika told a media conference today that the airline debt owed regulatory agencies, namely Nigeria Airspace Management Agency, Nigerian Civil Aviation Authority and Federal Airport Authority of Nigeria has accumulated for over thirteen years and contributes to the poor management of Nigeria’s civil aviation sector.

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Sirika said government may apply sanctions on such debtors like the Bi-Courtney which owes -N-13 billion even as it concludes the process of intensifying plans towards the concession of international airports in the country by the early second quarter of 2022. He said labour has been duly consulted.

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The minister also stated that a total of 67 accidents have occurred in the last five years, of which 48 have been reported under the present administration to drive transparency in the system.

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