Entrepreneurng.com
Saturday, July 5, 2025
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us
No Result
View All Result
Entrepreneurng.com
No Result
View All Result
Home News

Former Akwa Ibom Governor Advocates for Airline Subsidy Amid Economic Hardship

by Harry Choms
May 24, 2024
in News
0
Economic Hardship
497
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Amidst economic challenges in Nigeria, former Akwa Ibom State Governor Udom Emmanuel has urged the federal government to provide concessions to airline operators to facilitate smoother operations.

Yesterday, in Abuja, Udom highlighted the impact of the unified FX market and subsidy removal, stating that airlines are grappling with tough economic conditions.

“I believe there should be concessions for the aviation industry in Nigeria to enable seamless travel,” Udom stated. “Every country provides subsidies for vital sectors, and aviation shouldn’t be an exception.”

While not advocating for direct airline subsidies, Udom emphasized the importance of supporting the industry to enhance mobility, which is crucial for economic growth.

Reflecting on Ibom Air’s five-year journey, Udom expressed satisfaction with its establishment during his tenure. “Launching Ibom Air from scratch exemplifies creativity and innovation,” he remarked.

Despite facing economic downturns and the COVID-19 pandemic, Udom praised the resilience of Ibom Air, attributing its success to innovative ideas and perseverance.

Regarding the airline’s future, Udom emphasized the significance of nurturing a strong organizational culture to sustain its operations.

Tags: Airline Subsidyeconomic hardship
Share199Tweet124
Harry Choms

Harry Choms

  • Trending
  • Comments
  • Latest
Prince Faisal bin Salman Al Saud

Saudi Arabia: Top 10 Richest Princes and Princesses of the Royal Family

January 4, 2025
Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

Atlanta Jollof Festival: Nigerian Chef Wins at the West African rice dish

July 22, 2024
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

December 13, 2022
Sam Bankman-Fried

FTX founder Sam Bankman-Fried has been arrested in the Bahamas

19
THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

THE CHANGING NATURE OF POWER IN THE KNOWLEDGE ECONOMY

3
RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

RE-INVENTING MANAGEMENT IN THE KNOWLEDGE ECONOMY

2
Meet Dr. Charles Drew: The Blood Bank Pioneer Who Changed the World

Meet Dr. Charles Drew: The Blood Bank Pioneer Who Changed the World

July 5, 2025
Fun Physics Facts That Sound Made-Up (But Are Totally Real!)

Fun Physics Facts That Sound Made-Up (But Are Totally Real!)

July 5, 2025
World Bank Africa Fellowship Program 2026 Opens for Emerging Scholars

World Bank Africa Fellowship Program 2026 Opens for Emerging Scholars

July 4, 2025

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Entrepreneurng.com

Copyright © 2025

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Business News
  • Economic News
  • Editor’s Picks
  • Advertise With Us

Copyright © 2025