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  Troops Recover Nine Terrorist Bodies After Failed Kukawa Attack

No related posts.

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

Related Posts

Atiku Challenges Tinubu to Explain $460,000 US Forfeiture, Defends $1.2m Lobbying Deal

September 3, 2026

Troops Recover Nine Terrorist Bodies After Failed Kukawa Attack

September 3, 2026

Tinubu’s US Records Dispute Is Civil, Not Criminal — Presidency

September 3, 2026
Search
Recent Posts
  • Atiku Challenges Tinubu to Explain $460,000 US Forfeiture, Defends $1.2m Lobbying Deal
  • Troops Recover Nine Terrorist Bodies After Failed Kukawa Attack
  • Tinubu’s US Records Dispute Is Civil, Not Criminal — Presidency
  • Why Atiku Lost  2023 Election to Tinubu – Wike
  • Pantami leads Gombe 2027 race in online polls, secures 84% in 58,000-vote survey
  • Osun Poll: Ruling Party Can Lose Without ‘Federal Might’ — Sanwo-Olu
  • Press Freedom: My Government Won’t Punish Nigerians for Criticising Me – Tinubu 
  • Reps Panel Links 12 Agencies, 58 Bank Accounts to PFIPC DG
  • Ebonyi Governor Threatens To Sack Council Chairman Who Fails To Deliver APC Victory
  • I Remain ‘General Commander’ of Political Structure in Rivers, FCT — Wike
  • Uber Shuts Down Operations in Nigeria 
  • NABTEB Releases 2026 NBC/NTC Results, Records 81.24% Pass Rate
  • Tinubu welcomes 4.43% GDP growth, promises stronger economic gains for Nigerians
  • Atiku’s New Campaign Rhetoric: The Power of Strategic Communication in Politics, By Sunny Ibeh Jnr
  • Brent Crude Jumps to $90.31 as US-Iran Strikes Resume Over Strait of Hormuz
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Labour
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • Technology
  • World news
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

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