The minister of Aviation, Hadi Sirika, has said all preparations for the establishment of the national carrier, Nigeria Air, have been concluded and the airline will kick-off in six to eight weeks.
The minister stated that the airline has commenced recruitment of pilots, cabin crew and the aircraft would be coming into the country in a week’s time.
The minister, who stated this at a press briefing in Abuja yesterday, said the full business case for the establishment of the airline would be expected to be approved by the Federal Executive Council (FEC).
According to him, “After a careful, detailed and the Infrastructure Concession Regulatory Commission (ICRC) governed selection process, Ethiopian Airlines (ET) consortium has been selected as preferred bidder, offering an owner consortium of three Nigerian investors MRS, SAHCO and the Nigerian Sovereign Fund (46 per cent) FGN owning five per cent and ET 49 per cent.
“The consortium has been subject to a due diligence process, after which the contract will be negotiated between the consortium and the FGN, leading to a Full Business Case, which will be expected to be approved Federal Executive Council (FEC).
We expect this process to take 6-8 weeks.”
A lawyer, Ridwan Oke, has accused men of the Lagos State Criminal Investigation Department, Panti,…
The management of Osun State University Teaching Hospital, Osogbo, Osun State, has cried out over…
The Nigerian Electricity Regulatory Commission has decentralised the Transmission Company of Nigeria (TCN) by establishing…
Insists Oyelakin Still Aree The Osun State Government has postponed the formal presentation of the…
Gunmen suspected to be assassins have killed the 30-year-old village head of Marke, Malam Kabiru…
President Bola Tinubu has given the assurance that his administration will continue to put in…
This website uses cookies.