Image

FG Unveils New National Carrier

Hadi Sirika, Minister of State for Aviation, has unveiled the name and logo of the new national carrier, Nigeria Air.

Speaking on Wednesday in London at the ongoing Farnborough International Airshow, Sirika said the government will not own more than five per cent of the airline.

“This is an important day for Nigeria. The largest economy in Africa, largest population, GDP of around half a billion dollars, and the only true aviation player in West and Central Africa,” he said.

“Nigeria has unfortunately not been a serious player in Aviation for a long time. We used to be a dominant player, through Nigeria Airways, but sadly not anymore.

“This will be a national carrier that is private sector led and driven. It is a business, not a social service. The government will not be involved in running it or deciding who runs it. The investors will have full responsibility for this.

“The Nigerian government will not own more than 5% (maximum) of the new national carrier. The government will not be involved in running it or deciding who runs it.

“New terminals in Lagos and Abuja Airports will add 11 million passenger capacity in each of the two airports.

According to the minister, the airline will have flights on 81 domestic, regional and international routes.

Operations are scheduled to begin in December 2018.

Culled from TheCable

Related Posts

Zadara AI Sovereign Cloud launches in Kenya, improving digital transformation

In a significant step toward advancing Kenya’s digital landscape, iXAfrica Data Centres, East Africa’s premier hyperscale, AI-ready data…

‎Abzena appoints Geoffrey Glass as  CEO

Abzena, a leading end-to-end integrated contract development and manufacturing organization (CDMO) and contract research organization (CRO) specializing in…

Muhumuza champions open contracting for sustainable procurement at Africa Summit

Edwin Muhumuza, Head of Africa at the Open Contracting Partnership, championed open contracting as a critical driver for…

EnergyInc Advisors to propel Africa’s energy & infrastructure dev’t

EnergyInc Advisors, a new Africa-focused strategic advisory firm, has officially launched, poised to transform the landscape of energy,…

Genesis Energy,Desert Tech. announce clean energy alliance

Genesis Energy Holding, a Pan-African leader in clean energy infrastructure, and Desert Technologies Industries Factory CJSC, a Saudi-based…

Mouka reaffirms raw material leadership in Africa

Mouka, Nigeria’s leading manufacturer of quality sleep solutions and a proud member of the Dolidol International group, has…

Agboola advocates stronger cross-border infrastructure

Flutterwave CEO and Founder, Olugbenga “GB” Agboola , has called for accelerated investment in Africa’s cross-border payment infrastructure…

Munga increases stake in Equity Group by over $1.2m

Equity Group founder, Peter Munga, has made a strong return to the lender’s shareholder register, purchasing 3.64 million…

Nigerian Breweries gains N383bn revenue in Q1 2025

Nigerian Breweries Plc (NB) has posted a strong financial turnaround, recording a 69 per cent increase in net…

Leave a Reply

Your email address will not be published. Required fields are marked *