The federal government has approved 1,506,285.7 euros which is equivalent to N707,962,864.83 for the deployment of investigation tools by the accident Investigation Bureau in the aviation sector.
Minister of Aviation, Hadi Sirika disclosed this to State House correspondents after the federal executive council meeting presided over by President Muhammadu Buhari at the Presidential Villa.
According to him, the tool will permit the accident investigation to be able to decode going on in flights.
He also disclosed that the council approved the memo to allow Nigeria to lease aircraft to start operations.
Sirika said air Nigeria will start with three airlines.
“I presented two memoranda on the national carrier to allow Nigeria to lease aircraft to start operations. That has been approved by the council. And the second is the deployment of investigation tools by the Accident Investigation Bureau.
That tool will permit the accident investigation to be able to decode going on in flights, and God forbid, should there be a need to investigate the accident or incident, the tool will help them to be able to do so.
“That procurement is for 1,506,285.7 euros which is equivalent to N707,962,864.83.
This will be including taxes at a central bank exchange rate of 472 in Euro with the delivery period of 11 months and is awarded to Messers integrated contract services limited for AIB,” he added.
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