Nigerian Aviation loses N63 billion to COVID-19

The aviation industry lost over N63 billion to the ravaging effects of coronavirus pandemic, a report by the Ministry of Aviation has shown.

Describing the air transport value chain as the hardest hit to the deadly virus, the report said over 90 per cent of operations and activities were adversely affected resulting in monthly losses valued at N21 billion.

The report sighted by The Nation indicated that the ravaging effects of the virus in the sector has forced government  to consider working out a recovery plan aimed at providing financial support where necessary to sustain air connectivity for passenger operations and cargo  flights.

 

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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