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  Mustapha Abdullahi Empowers Young Nigerians Through Maiden Energy Leadership Fellowship

Share this:

  • 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

Stakeholders Back Nwoko’s Bill to Mandate Nigerian Offices for Social Media Giants

July 24, 2026

Four police officers arrested over alleged ethnic bias after viral video

July 24, 2026

Dangote Refinery Secures $2.5bn Equity Investment

July 24, 2026
Search
Recent Posts
  • Stakeholders Back Nwoko’s Bill to Mandate Nigerian Offices for Social Media Giants
  • Four police officers arrested over alleged ethnic bias after viral video
  • Dangote Refinery Secures $2.5bn Equity Investment
  • Umunneochi, Gov Otti’s Visit And The Imperative Of Rebuilding Mmam Bridge, By Rommy Imah
  • Reps order suspension of NRS recruitment, threaten sanctions against chairman
  • Trump Pledges U.S. Support for Nigeria’s Fight Against Terrorism in Reply to Tinubu
  • Reps Withdraw Bill Seeking Ban on Unbranded, Unfortified Cooking Oils
  • Nigerian Survivors Recount Harrowing Ordeal After Rescue from Sex Trafficking Ring in Côte d’Ivoire
  • Oil Firms Commit Additional $23.8m in Competitive Bids
  • CBN Wants Banks to Focus on Governance, Not Just Account Openings
  • Top 10 Best Attacking Midfielders in World Football Revealed
  • Gas-Laden Tanker Catches Fire in Lagos, Disaster Averted
  • Top 10 African Players at the 2026 FIFA World Cup Revealed
  • Haaland Becomes Fantasy Premier League’s Most Expensive Player at £15.5m
  • Fashola Explains Why He Won’t Criticise Tinubu on Television
Categories
  • Business
  • Crime
  • Education
  • Entertainment
  • Environment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Politics
  • Security
  • Sport
  • 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.