ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    Nigeria Seeks To Make History As First African Host Of Commonwealth Games

    I’m Fit To Shine In Scottish Premiership, Iheanacho Declares

    CHAN Eagles Star Ijoma Joins Bosnian Club On 3-year Deal

    Zenith Bank/NBBF Women’s Basketball League: First Bank Overcomes Bayelsa’s Challenge, Royal Aces Edge Air Warriors

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    Nigeria Seeks To Make History As First African Host Of Commonwealth Games

    I’m Fit To Shine In Scottish Premiership, Iheanacho Declares

    CHAN Eagles Star Ijoma Joins Bosnian Club On 3-year Deal

    Zenith Bank/NBBF Women’s Basketball League: First Bank Overcomes Bayelsa’s Challenge, Royal Aces Edge Air Warriors

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Reps Ask Airlines To Refund N4bn COVID-19 Fund

by James Kwen
2 years ago
in Business, Cover Stories
Share on WhatsAppShare on FacebookShare on XTelegram

The Public Accounts Committee (PAC) of the House of Representatives has given a one-week ultimatum to all private Airline operators  in the country to render justifiable evidence  before it on how they expended the N4 billion they collected from the federal government as COVID-19 intervention funds or refund the money to government coffers.

Advertisement

The committee chaired by Hon. Bamidele Salam (Osun-PDP) gave the directive at the weekend during the resumed investigative hearing on the alleged mismanagement of the COVID-19 intervention funds by the Ministries Departments and Agencies (MDAs) of the federal government and others who benefited from the funds

The committee resolved that all private airlines that received COVID-19 relief funds designated to support the aviation sector to refund the allocated funds to the federal government treasury in a week, if they fail to give justifiable evidence of how the money was spent.

The committee expressed displeasure that despite appearing before it, several of the airlines and industry stakeholders, including Aero Contractors, Azman, Newrest, and representatives from the Federal Ministry of Aviation and Aerospace Development, failed to provide satisfactory explanations regarding the allocation and expenditure of the funds.

Azman Airlines represented by its marketing manager, Odum Chizoba Uju admitted receiving N367.9 million purportedly allocated for various operational expenses including aircraft maintenance; spare parts, fueling, Forex purchasing, and insurance premium paid.

Related News

All Federal Airports Fully Insured, Runways Under Overhaul — FAAN

3 hours ago

Federal Government Unveils $3.14bn Agric Investment Scheme With FAO

3 hours ago

Also, the station manager of Aero Contractor,  Abdulmalik Musa said the company received N217. 3 million from the federal government for the Covid-19 intervention fund.

But in a sharp reaction to the  submissions on how the airlines utilised the funds, a member of the Committee and former pilot with the Nigeria Air Force, Hon. Ojuawo Adeniyi from Ekiti state faulted the submissions, saying the services claimed by the operators were applicable only during the regular operations of airlines.

Consequently, a motion was moved by a member, Hon. Akiba Bassey   that the amount involved should be refunded to the Federation account should the airlines fail to give justifiable evidence before the Committee on the expenditure and it was unanimously supported by members.

Join Our WhatsApp Channel

Tags: Covid-19
SendShare10226Tweet6391Share

Other News Updates

Business

All Federal Airports Fully Insured, Runways Under Overhaul — FAAN

2025/09/17
Agriculture

Federal Government Unveils $3.14bn Agric Investment Scheme With FAO

2025/09/17
Business

Upstream Sector Attracts $18.2bn Investment, Unlocks 1.4bn Oil Barrels

2025/09/17
Business

CBN Enlightens Kano Residents About New Banking Initiatives

2025/09/17
Business

Rehoboth City Estate Unveils Wazobia, Smart Housing Project In Abuja

2025/09/17
Business

UBA Launches Whitepaper On ‘Unlocking Africa’s Potential’

2025/09/17
Leadership Conference advertisement

LATEST

Iran Executes Man Accused Of Spying For Israel

Nigeria Secure Release Of 3 Pilgrims Arrested For Alleged Drug Trafficking In Saudi Arabia

Miyetti Allah Cautions Against Adoption Of Foreign Ranching Models

Why Ajaokuta Steel Company Will Never Work — Dangote

Law Regulating Religious Preaching In Niger State ‘Ill-Advised, Anti-Religion’ – CCYF

Tragedy As Heavy Flood Sweeps Away Motorcyclist In Edo

Fubara Should ‘Appeal To Wike’ For Power To Make Decisions In Rivers — Tonye Cole

Celebrity Carpenter Finds Love After Single Fatherhood With 8 Children

All Federal Airports Fully Insured, Runways Under Overhaul — FAAN

Rivers Crisis Would Have Defied Solution Without Tinubu’s Intervention — Tonye Cole

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.