Nigerian Govt considers seat-for-debt arrangement to settle domestic airlines’ debts
Indications have emerged that the Federal Government is considering a new seat-for-debt arrangement to address outstanding debts owed by domestic airlines to aviation agencies. A senior source in the Ministry of Aviation and Aerospace Development disclosed that under the proposed framework, airlines could allocate tickets in place of cash payments to aviation agencies, including Nigeria […]…
We haven't written up this one. Daily Post Nigeria has the full story — the link below goes straight to it.
