The Aviation industry has been hard hit by the COVID-19 pandemic as over 90% of its activities and operations have been adversely affected, resulting in losses that are valued at N21bn on a monthly basis. Emphasis is therefore placed on ensuring the recovery of the sector, and providing financial support where necessary to ensure that the sector not just survives, but also sustains air connectivity to keep passenger traffic as well as supply lines for essential and cargo flights open. It is also proposed to fast track the establishment of a private sector driven national carrier to generate revenue and contribute to GDP, while creating activity in the wider economy for suppliers, importers, exporters and manufacturers.
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