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COVID-19: FG disbursed N2 8bn to Air Peace, Arik, says minister

Advertisement According to Agba, the seven airlines include Aero, Air Peace, Arik, Azman, Dana, Max Air, and Overland. Last year, the federal government also  approved N4 billion to local airline operators and N1 billion to other businesses within the aviation industry under the economic sustainability plan (ESP). Agba said this during a virtual meeting with the economic sustainability committee on Monday. Advertisement He said N5 billion was released to support local airlines, ground handlers and other aviation-allied businesses. “Seven scheduled operators, comprising Dana, Overland, Air peace, Azman, Aero, Arik and Max Air received N2.84 billion; 20 non-scheduled operators, comprising Cargo and Private Jet Services received N949,909,000,” he said.

COVID-19: FG releases N500bn, creates 800,000 jobs - Presidency

The Federal Government’s Economic Sustainability Plan (ESP) helped Nigeria to cope with the economic shock caused by COVID-19. The presidency said with the stimulus package, the economy did not decline as feared when the pandemic broke out. Laolu Akande, presidential spokesman in a statement said over 2 million jobs have been both created and saved, with N500billion released as at the end of May. The breakdown indicates that 1.3 million jobs have been retained through interventions in the Micro, Small, and Medium Enterprises (MSMEs) space, including the Payroll Support. The 774,000 jobs from the Public Works Programme and 26,021 jobs from construction /rehabilitation projects nationwide were among those newly created.

COVID-19: Over two million jobs saved, created by Nigerian govt s stimulus package - Osinbajo

COVID-19: Over two million jobs saved, created by Nigerian govt s stimulus package - Osinbajo
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Covid-19 stimulus, ESP helped saved, created over 2 million jobs

Covid-19 stimulus, ESP helped saved, created over 2 million jobs
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