The Centre for the Promotion of Private Enterprise (CPPE) has commended President Bola Ahmed Tinubu for approving a 30 per cent discount on outstanding debts owed by domestic airlines, describing the move as a timely intervention to ease mounting financial pressures in the aviation sector.
CPPE said the debt relief would provide short-term breathing space for operators grappling with escalating and unsustainable operating costs, but cautioned that the measure does not address the deeper structural challenges threatening the viability of the industry.
The economic think tank also acknowledged the role of the Minister of Aviation and Aerospace Development, Festus Keyamo,…