The Nigerian government has said that it is willing to look into why about 100 airlines have gone out of business in the past 40 years.

Vice-President Kashim Shettima made the announcement at the Ministry of Aviation and Aerospace Development Conference on the Cape Town Convention and Aircraft Protocol Implementation in Abuja on Thursday, December 12.

Shettima added that the government would be prepared to implement measures that would prevent domestic airlines from going out of business too soon.

The Minister of Aviation, Festus Keyamo also expressed concern about the high airline death rate in the industry, noting that over 100 carriers have failed in the previous 40 years.

“More than 100 airlines have gone in the last 40 years and I know you all remember.

"From Concord to Zenith to Bellview, among others. You will then ask yourself why they die off. I can keep mentioning them because I have their list with me.

“It behoves us now in office to find out why they went under and how we can ensure that it does not happen again.

"The only way we can do that is through policies and frameworks to ensure that they survive. We can’t keep giving them money. We must make the business conducive for them to survive," he stated.