Minister of State, Aviation, Hadi Sirika, who disclosed this when he appeared before the Senate Committee on Aviation for the ministry’s budget defence, explained that the amount, needed in addition to the 500 million dollars loan already gotten from China Exim Bank for the purpose, would help tackle some challenges encountered in the process of building the terminals.
The Minister who noted that the China Exim Bank had indicated willingness to consider funding additional works, informed that the ministry had written to the Ministry of Budget and National Planning to provide 73.9 million dollars as counterpart fund in 2019 outside the ministry’s proposed national budget, just as he said that the airports being worked upon were already wearing new looks befitting of modern airports.
The Minister, who solicited the support of the National Assembly and other stakeholders to ensure that all needed equipment necessary for safety and security were provided to meet the Standard and Recommended Practices, SARPs, as outlined by regulatory aviation bodies, however assured that more bilateral and multilateral air service agreements would be signed for the benefits of travelers.
On the 2018 budget implementation level, he said that the total appropriation for the Aviation sub-sector for 2018 was N26.9billion, out of which N3.12 billion representing 11.6 per cent was released to the sector and N2.99 billion representing 96 per cent had been expended as at March 15.According to him, N508.8 million was appropriated for overhead expenditure for the whole Ministry of Transport, which includes Aviation, Marine and Land sectors.
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