Nigeria needs N1 trillion to turn around aviation sector – Minister


The Minister of State for Aviation, Hadi Sirika, on Tuesday in Abuja said the Federal Government needed N1 trillion to turn around the country’s aviation sector.

Mr. Sirika said this at a four-day public hearing organized by the House of Representatives Committee on Aviation.

The hearing is focussed on “The Need to Rescue the Ailing Aviation Industry from Imminent Collapse.’’

Mr. Sirika stressed that the government had no plans to sell the country’s airports, but frowned at the poor state of infrastructure in the aviation sector.

He said, “One trillion naira will be needed to turn around our aviation sector, we will not sell the airports and nobody is carrying any structure to anywhere.

“In fact, what we intend to do is to put them into better use’’.

The minister disclosed that the ministry had inaugurated a 9-man delivery team to interface with stakeholders in the aviation sector on concession of the airports.

According to him, the team will liaise with labour unions to oversee the day to day running of the concession.

He said the process will be carried out in a better, more transparent and effective manner.

“We have to improve upon what the Nigerian Ports Authority has done to ensure there is more efficient and transparent process and ensure that government also makes more money,’’ Sirika said.

Earlier, the Speaker of the House of Representatives, Yakubu Dogara, said there was need to ensure fiscal discipline in the use of public funds in the aviation sector.

Represented by the Deputy Speaker, Yusuf Lasun, the Speaker said that the call was crucial to restore the confidence of Nigerians in the aviation sector.

He tasked the House Committee on Aviation to conduct thorough investigation, to ascertain the challenges facing the sector in the efforts to provide efficient service and sustainable means of livelihood to Nigerians.

The speaker said that the sector’s contribution to Nigeria’s GDP in recent years was encouraging, and has huge prospects of playing a major role in the nation’s economic development.

“In 2014, for instance, the sector’s contribution to Nigeria’s GDP was about N137.9 billion and $685 million in 2015. The sector also supports 159, 000 jobs in the country,” he said.

The News Agency of Nigeria reports that the hearing will be investigating the suspension of operations by local airlines and suspension of operations by international airlines.

The committee will also investigate alleged corrupt practices against local airlines, examine previous and current airport concession processes and fees, as well as the fate of Nigerians employed in the industry.



Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:TOP5!! killer sex positions that make women go crazy Bed When Having SexClick Here To Read...

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.

  • tundemash

    What happened to the billions spent by druggie Fani Ole Kayode and Stella Ole Oduah ?

  • Dr Pat Kolawole Awosan

    What stopped the National Assembly from inviting the former aviation minister,Stella Oduah, to give account of the billions of naira renovation/refurbishment projects executed under former president Goodluck Ebele Jonathan,s regime, which gulped huge public budget? What is the positive role of the National Assembly members if they failed to act as check and balance to government mis-management of tax payers funds? With the huge public funds expended on renovations/refurbishment of the nation,s airports by Stella Oduah, under GEJ. the question of state of collapse and deterioration of the airports should not be scary and serious at this time and stage.

    • tundemash

      And same with Fani Ole Kayode, if the legislooters are serious at all.