National Carrier to take off April, 2022.
Written by News Room on November 26, 2021
The National carrier, Nigeria Air is expected to take off in April 2022, the Minister of Aviation, Senator Hadi Sirika, has announced.
This follows the approval by the Federal Executive Council (FEC) on Wednesday, of the outline business case – Automated Civil Aviation Regulatory Equipment, including software support and training, for the establishment of the national carrier, to be located in Nnamdi Azikiwe International Airport.
Sirika, who made the announcement in Abuja while briefing State House correspondents at the end of the FEC meeting, explained that it was the sixth attempt to get the outline business case approved.
Explained the structure of the proposed airline, Minister said government will be owning not more than five per cent equity, while 46 per cent will be owned by Nigerian entrepreneurs and the remaining 49 per cent will be held by a strategic equity partner or partners that will be sourced during the procurement phase, which will be the next phase.
When the outline kicks off expectedly in April 2022, according to him, it will generate about 70,000 jobs in the first few years – a number higher than the aggregate number of employees in the Federal Civil Service workforce.