Announcement
30 May 2010
In May 2010, the Central Bank of Nigeria established a fund to benefit the domestic airlines.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 May 2010
Revocation date:
25 Jul 2025
Updated: 30 May 2010
Capital injection and equity stakes (including bailouts)
The Central Bank of Nigeria (CBN) is providing airlines N300 billion from the new Power and Airline Intervention Fund (PAIF) in order to bail them out. The financial support is part of a bigge...
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