Hadi Sirika, Minister of Aviation, has announced that Nigeria Air would commence operations as the nation’s air carrier by April 2022.
Sirika announced this to State House correspondents after the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, on Wednesday.
The Federal Government had in 2018 unveiled Nigeria Air at the Farnborough International Public Airshow in London, the UK capital.
The take-off of the carrier was subsequently suspended months after its unveiling due to “investor apathy”, according to Lai Mohammed, Minister of Information and Culture. however, Sirika denied that the project was suspended due to investor apathy.
But according to Sirika, Nigeria Air will be run by a company in which the Nigerian government will hold a five per cent stake, while Nigerian entrepreneurs will hold 46 per cent.
He added that the remaining 49 per cent will be reserved for yet to be assigned strategic equity partners, including foreign investors.
The minister said the national carrier will create about 70,000 jobs for Nigerians when it becomes operational.