NIGERIA:House of Reps advocates special intervention fund for airlines

The House of Representa­tives has called on the Fed­eral Government to approve special intervention fund for the country’s indigenous air­line and aviation agencies in the sector following the neg­ative impact of the Covid-19 pandemic in the industry.

Mr. Nnolim Nnaji, a House of Representatives Committee Chairman on Aviation, canvassed for this position  last week in an interview with aviation journalists in Lagos.

Nnaji opined a single digit interest loan for indigenous airline operators and special Federal Government grant to the Federal Airports Au­thority of Nigeria, (FAAN), Nigerian Airspace Manage­ment Agency (NAMA) and the Nigerian Meteorologi­cal Agency (NIMET) to help them in the planned facil­ities upgrade in all the 22 airports across the country.

The lawmaker, who rep­resents Nkanu East/West Federal Constituency in the House of Representatives, also restated his position on the need for the aviation agencies to discontinue the remittance of the 25 percent of their Internally Generat­ed Revenue (IGR) annually to the Federation Account.

He noted that such relief would go a long way in de­veloping the country’s avi­ation infrastructure, which according to him didn’t befit Nigeria as a leading econo­my in the continent.

Nnaji insisted that the nation’s airlines would not stand the impending shocks occasioned by Covid-19 virus without government’s stim­ulus.

“We all are familiar with the critical roles the air transport plays in galvanis­ing the economy in terms of speed so in order to frog start our economy in a post covid19 era the Federal Gov­ernment must step in to give lifeline to both airlines and service providers.

“If airlines in the Western world are already crying out for help despite the techno­logical advantages open to them in terms of available facilities, ours will be more severe since almost every­thing is dependent on im­ported technology both on the side of the airlines and the service providers.”

Nnaji observed that the losses would be monumen­tal especially on the air­lines if the pandemic lasts longer, noting that it would then require that the aircraft grounded now would have to be serviced before they are redeployed into operations and some of the crew might equally require recurrence certification.

Leave a Reply

Your email address will not be published. Required fields are marked *