Breaking: FG Finally Announces When Nigeria’s National Air Carrier Will Begin Operation
- Nigeria will begin the operation of a new national air carrier in the first quarter of 2022, according to the minister of aviation, Hadi Sirika
- Sirika said this while speaking to journalists after the Federal Executive Council presided by President Muhammadu Buhari in Abuja
- The minister noted that about about 70,000 jobs will be created for Nigerians when the airline becomes operational
Abuja - The Nigerian government has announced that the new national carrier, Air Nigeria, is expected to commence operation by April 2022.
The minister of aviation, Hadi Sirika, made the announcement on Wednesday, November 24, after the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, The Nation reports.
Sirika speaking to State House Correspondents revealed that the national carrier will be run by a company in which the government will hold a 5% stake, Nigerian entrepreneurs holding 46%.
In another report by Daily Trust, he further noted that the remaining 49% will be reserved for yet to be assigned strategic equity partners, including foreign investors.
PAY ATTENTION: Subscribe to Digital Talk newsletter to receive must-know business stories and succeed BIG!
According to him, the national carrier will create about 70,000 jobs for Nigerians when operational.
Still waiting to fly: Nigerian govt budgets N14.6bn for 'suspended' national carrier
Earlier, Legit.ng reported that despite uncertainties surrounding the launch of the national carrier project, the federal government allocated N14.6 billion for it over the previous three years.
The most recent funding for the project was N400 million for working capital and another N150 million for consulting.
Both are mentioned as ongoing projects in President Muhammadu Buhari's 2022 appropriation Bill, which has been submitted
Akeredolu excited as airline expands operations to Akure-Abuja, Akure-Owerri routes
Meanwhile, the decision of the management of Green Africa Airline to expand its operations to Akure-Abuja and Akure-Owerri routes has excited Governor Oluwarotimi Akeredolu of Ondo state.
Akeredolu, also a Senior Advocate of Nigeria (SAN), while receiving the management of the Airline, described the decision to expand their route to Abuja and Owerri as a welcome development.
In a statement made available to Legit.ng by Olabode Richard Olatunde, the Chief Press Secretary to the governor, Akeredolu promised that his administration will continue to work with the Airline for continuous service delivery to the people.
Source: Legit.ng