FG suspends Nigeria Air project indefinitely

The Federal Government has indefinately suspended the proposed national carrier, Nigeria Air, procurement, claiming “strategic reasons”

Hadi Sirika, Minister of State Aviation, told reporters on Wednesday that the Federal Government suspended the procurement of Nigeria Air at the Federal Executive Council meeting.

Recall that the Minister had on July 18, 2018, unveiled the name and logo of the airline named “Nigeria Air” at the Farnborough Air Show in London, United Kingdom.

He further informed Nigerians then, that the airline would begin operation in December, 2018, with an initial capital of 300 million dollars, stating that the airline would be private sector driven with government controlling only 10 per cent of the equity.

Details of the “strategic reasons” for the cancellation of the project, was however not disclosed.

Sirika said, “The FEC, on Wednesday, took decision to suspend the national carrier project till further notice.

“It has nothing to do with pressure from stake holders and it also not for political reasons.

“The decision to come up with national carrier in the first place was as a result of the lack of capacity of the existing carrier to meet demands,” he said.

The Minister disclosed that the government had shown serious commitment towards the project, adding that the suspension would not affect government’s credibility before international interested parties.

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