The Buhari administration may be considering merging all debtor airlines in the country into a national carrier, capable of serving the West and Central African regions, with Nigeria as the regional aviation hub.
That is part of the recommendations by the Ahmed Joda transition committee, which submitted its report to President Muhammadu Buhari about two weeks ago.
Six of Nigeria’s leading domestic airlines are currently bogged down by huge debts totalling almost N130 billion, forcing them to turn to the Asset Management Corporation of Nigeria (AMCON) for a lifeline.
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