Intervention fund Archives - Aviation metric

NAMA to improve obsolete navigational facilities with N40 billion intervention fund

Posted on April 23, 2024 by Wole Shadare

The Managing Director of Nigerian Airspace Management Agency (NAMA) Ahmed Umar Farouk said the N40 billion presidential intervention fund would improve obsolete navigational facilities that have spanned nearly two decades. Speaking to Aviation Metric at the weekend, he disclosed that as soon as it is done, the agency would be able to tackle safety critical challenges that are before them regarding communication. ‘For the navigational aids, “As soon as it is done, we will be able to…

We received ₦7.7bn COVID-19 intervention fund – FAAN MD

Posted on January 19, 2024 by Wole Shadare

The Managing Director, of the Federal Airports Authority of Nigeria (FAAN) Olubunmi Kuku on Thursday said the authority got ₦7.7 billion as a COVID-19 intervention fund. She made this known at a public hearing on COVID-19 funds, organised by the House of Representatives Committee on Public Accounts in Abuja. The managing director said that 2020 was particularly challenging for the authority owing to the advent of the coronavirus. She recalled that on March 11, 2020,…