Airlines operators seek govt’s aid over fuel cost, others – The Guardian
October 26, 2009 by Bunmi Awolusi
As a way out of their predicament, airline operators in the country have appealed for a special financing package in a form of soft loan at a low interest rate and with extended payment period.
The call is coming as the Nigeria Labour Congress (NLC) at the weekend said there is no going back on its planned rally against the moves by the Federal Government to deregulate the downstream sector of the oil industry.
The operators, under the aegis of Airline Operators of Nigeria (AON), said that such loan could be termed the National Airline Financing Fund (NAFF) as recommended by the Air Chief Marshal Paul Dike Presidential Committee in 2006. Part of the recommendations, particularly on safety issues, had been implemented, while others are still begging for government’s attention.
