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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...

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 fro...