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Showing posts with label Bank of Industry. Show all posts
Showing posts with label Bank of Industry. Show all posts

Thursday, January 3, 2013

■ NIGERIA: Government to forge ahead with plans to buy 30 aircraft for use by local operators.

NigeriaThe Federal Airports Authority of Nigeria (FAAN) has announced a Nigerian government initiative to buy 30 aircraft as part of its plans to improve viability and safety in the local industry. Funding is to come via the USD1billion (NGN300billion) Aviation Intervention Fund set up by government and disbursed by the Central Bank of Nigeria (CBN) in conjunction with Bank of Industry (BOI).