Nigerian govt gives reason aviation sector would continue to record decline in passengers

Hadi Sirika, the Minister of Aviation, on Monday, said that until the fourth quarter of 2021 or perhaps the first quarter of 2022, the aviation sector would continue to record a sharp decline in passengers which was directly proportional to the revenue generated.
This, the minister attributed to the effect of COVID-19 pandemic, which had dwindled revenue generation of the industry.
Sirika said this during an interactive session in Abuja with the Senate Joint Committee on Finance and National Planning.

The session was on the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Plan (FSP) of some revenue generating agencies of the government.
Sirika said “The revenues for yesterday are lost. Therefore, we were hugely impacted by the COVID and with this COVID, I think until quarter four of 2021 and perhaps quarter one of 2022, we will continue to see a sharp decline in passengers, and that is directly proportional to the revenue that we collect because people’s confidence has to be raised.

“They’ve to begin to want to fly again, and certain factors that encourage propensity to fly are also being eroded during this period.
“So we’re in difficult and challenging times, and we don’t have solutions to it even as advanced countries are spending huge amounts of money to support civil aviation businesses.
“The government, because of the challenge of funding, hasn’t been able to respond to civil aviation requests and civil aviation funding like other countries have done.”

Visit Source

Share this:


Inter: Esposito out, Jurgens in

Inter are ready to loan striker Sebastian Esposito to Serie B side SPAL, but signed Hellas Verona record-breaking teenager Oliver Jurgens. According to Sportitalia and others, SPAL directors were spotted entering the Inter HQ this evening and are in advance…

Stockport Central Library set for move to new ‘cultural hub’ at Merseyway

Stockport Central Library is to move to the Merseyway Shopping Centre as part of plans to create a new cultural hub in the town centre. It has remained closed since March when the council shut all libraries and museums in the borough as the coronavirus pandemic took hold. Making the building safe enough to reopen…

Ekdal: ‘We can and must do better’

Sampdoria midfielder Albin Ekdal was disappointed after the 3-0 defeat to Juventus in the first League match. ‘We didn’t play our best match’. Ekdal’s Swedish compatriot Dejan Kulusevski scored the first goal, before Leo Bonucci and Cristiano Ronald…