Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»News»FG suspends national carrier project indefinitely
News

FG suspends national carrier project indefinitely

meridianspyBy meridianspySeptember 20, 2018Updated:September 24, 2018No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

The federal government has suspended the national carrier project indefinitely.

Hadi Sirika, minister of state for aviation, made this known on Wednesday.

“I regret to announce that the Federal Executive Council has taken the tough decision to suspend the National Carrier Project in the interim. All commitments due will be honoured. We thank the public for the support as always,” he wrote on Twitter.

Sirika didn’t give any reason for the decision.

The airline, Nigeria Air, was unveiled in July at the Farnborough International Airshow in London and operations were scheduled to begin in December.

At the unveiling, Sirika had said the airline will be managed by private investors with the federal government owning a five per cent stake in the business.

“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,” he said.

“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.”

The Infrastructural Concession Regulatory Commission (ICRC) had given zero government control as the condition for issuing the public-private partnership certificate.

Speaking on the defunct Nigeria Airways, Sirika said “Nigeria Airways died due to so many reasons, including governance issues and also that of finance.

“Nigeria Airways was owned by the government of Nigeria and over time it lost track and lost funding and someone, therefore, decided to shut it down and it died..”

READ ALSO  Defect with Me or Get Fire – Governor Eno Tells Exco Members

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

No related posts.

fg national carrier
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

DSS Grants N20m Compensation, Lifetime Healthcare to Businessman Shot Mistakenly 

May 23, 2025

2027 Presidency: Bello El-Rufai Snubs Father’s SDP, Endorses Tinubu 

May 23, 2025

FG Launches e-Portal To Digitise Health Research Ethics

May 23, 2025
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2025 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.