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 World Bank boosts Nigerian aviation with $46.6m loan (Nigeriaworld.com  September 11,2009 )
THE WORLD Bank has granted a loan of $46.6 million to Nigeria to enhance safety and security of operations in the aviation sector.
It is part of efforts to ensure that the Nigerian aviation industry does not witness accidents as seen in the aftermath of the 2005 and 2006 air disasters.
A break down of the loan shows that the Federal Airports Authority of Nigeria (FAAN) got the highest allocation of $14.19 million, the Nigerian Civil Aviation Authority (NCAA) got the second highest allocation of $10.73 million, Nigerian College of Aviation Technology (NCAT) $9.83 million, the Nigerian Airspace Management Agency (NAMA) got $9.12 million and the Project Co-ordination Unit (PCU) got $1.13 million.
A statement released by the PCU, Ministry of Aviation, Abuja, showed that the outstanding sum of $1.65 million has not been allocated.
The loan, the statement further explained, is for the Economic Reform and Governance Project (ERGP) designed to streamline and strengthen the institution and work process in the Nigerian aviation industry aftermath of the 2005 and 2006 accidents.
The statement further explained that one of the measures taken was to request for assistance from ERGP to support the provision of infrastructural facilities that were critical to improve functioning of the aviation sector with a view to enhancing safety and security.
Meanwhile, NCAA has disclosed that the World Bank budgeted a total of $3 million for the implementation of the International Civil Aviation Organisation (ICAO) Corrective Safety and Security Action Plan.
This was disclosed by the Director General of NCAA, Dr. Harold Demuren, while giving a progress report on the World Bank sponsored projects for NCAA at the meeting of the Project Steering Committee (PSC) in Lagos.
According to him, "originally, the World Bank earmarked the sum of $3,000,000 for this; however, 52.33 per cent of the initial sum was moved to the rectification of Nigerian aviation industry while the sum of $300,000 was moved to Technical Assistance for Aerodrome Rectification. The balance of $1,130,000 is being proposed for the purchase of a full automatic console."
He added that the money in question is part of the $9.6 million loan that the Nigerian civil aviation is expected to benefit between 2008 and 2011, adding that the money will not be given to NCAA but that it would be administered by a PCU domiciled in the Federal Ministry of Aviation in conjunction with Federal Ministry of Finance under the supervision of the World Bank.
The NCAA boss listed some of what the agency has achieved with the loan to include the buying of aviation books by the World Bank on behalf of NCAA from ICAO, purchase equipment for technical library, VHF radio and equipment and the restructuring and capacity building of NCAA for aviation regulatory and oversight enhancement.
The ongoing projects are the DG said are: the remodeling of the training centre the purchase of training equipment for the multipurpose training centre, the design, supervision and installation of central information technology system and design, supervision and installation of a central security system.
Demuren also hinted that the World Bank will use $1, 570,000 to provide technical assistance for the recertification of the airline industry, adding that the bank intends to provide NCAA with technical assistance for the recertification of aerodrome.



 
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