
FG projects N14 trillion for Nigeria aviation sector
The Federal Government has projected about N14 trillion investment plan to develop the country’s aviation industry in the short, medium and long term as part of measures to develop the sector to compete with other countries in passenger growth and also contribute to the Gross Domestic Product (GDP). The investment portfolio of USD 62 billion, (about N15 trillion), the Minister of Aviation, Mr. Osita Chidoka said is attainable because Nigeria was strategically located from where airlines can easily connect with other African countries, Europe and the Middle East as its population size and demography is a huge asset.