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Aviation sector gulped over N100bn in five years –Sirika

The Nigerian government invested over N100 billion in the aviation sector in the last five years, the Minister of Aviation, Hadi Sirika, said on Thursday. 
The Minister of Aviation 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’, explained that the funds, according to the federal government was 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.
On the amount invested in the aviation sector, the minister said: “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.”

Felix Oloyede

Felix Oloyede is a Mass Communication graduate with 19 years experience in journalism. He has worked with TheWeek Magazine; Mirror Newspapers; West Africa BusinessNews and BusinessHallmark Newspaper. Oloyede has covered different news beats ranging from crime; arts; politics; commerce and industries to finance and economy. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School.

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