FG TO HELP NGERIAN AIRLINES ACQUIRE NEW AIRCRAFT

As part of the plan to intervene in the nation’s ailing aviation sector, the federal government as put in place a funding system to assist the Nigerian airlines to  purchase brand new aircraft. The federal government is negotiating with aircraft manufacturers to supply brand new aircraft at globally competitive price to Nigerian airlines and funds to make the purchase will be provided by the government on stringent conditions and at very low interest rate, a single digit rate.

This clarification was made on Channels TV weekend breakfast programme; Sunrise, by the Managing Director of the Federal Airport Authority of Nigeria (FAAN), Mr George Uriesi. This is an impressive move by the federal government. With new planes, our air travel will definitely be much safer.