‘Post COVID-19 Palliatives for Businesses Inevitable
To enable business organisations retain their workforce and to stimulate economic activities, the federal government must adopt strategic ways to provide palliatives to these businesses through the Central Bank of Nigeria (CBN).
The Chief Operating Officer of Dana Air, Obi Mbanuzuo, stated this to THISDAY in Lagos. He explained that this would be the only way airlines would save jobs and not push teeming youths into the unemployment market, which is already saturated.
He observed that airlines in scheduled commercial operation and general aviation employ over 4000 workers, which may shade about 50 per cent of the workforce in order to survive; unless government provides palliatives through soft loans, grants and waivers.
Mbanuzuo said it was not likely that any airline would beco...