unviable

β€˜Why Nigerian Airports Are Unviable’

 

The Chief Operating Officer of Aero Contractors, Captain Ado Sanusi, has said the reason why Nigerian airports are not generating enough funds that can be used for their maintenance is because they are not commercially viable.

Sanusi, who spoke to THISDAY, in an exclusive interview, said political, rather than economic consideration, was the major reason why some airports in Nigeria are built.

However, he noted the importance of having many airports in the country because of its size. This, he said, would facilitate quicker connection between one part of the country to another.

But, he insisted that in building …

States

Do We Need Unviable 32 States?

A report the other day that only four of the 36 states in the country are viable is disturbing and demands urgent action of the governments and people of Nigeria to cause a change in this negative situation. According to the report credited to a non-governmental organisation, (NGO) BudgIT, the viable states are Lagos, Rivers, Akwa Ibom and Kano.

The measure of the viability of the states is hinged on the ability to take care of their recurrent expenditure without reliance on funds allocation from the Federation Account. In other words, for the purpose of the report, a state government