North-East States Fund Airline

MaiduguriSix states raised ₦10.8 billion for a regional airline.

Nigeria’s north-east is recovering from over a decade of insurgency and displacement.

Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe put up counterpart funds for a North East Air Shuttle.

Borno governor Babagana Zulum warned that security remains the prerequisite for economic recovery.

Zulum says the remaining counterpart funds arrive before the end of October.

How each outlet framed it

Premium Times Nigeria: cites ₦10.8 billion raised by governors, projects remaining counterpart funds due month-end