Nigeria Commences Process To Float New National Airline

The Federal Government of Nigeria will appoint a transaction adviser next week as part of efforts to establish a new national carrier, an official has said.

The Minister of State for Aviation, Hadi Sirika, said the new national carrier will ensure competition, cut in ticket costs and give Nigerians options to choose from.

Mr. Sirika, who briefed journalists after the Federal Executive Council meeting, said “….between now and Wednesday we will appoint transaction adviser for national carrier, once that is in place Nigerians will have options, they will be competition, good aircraft and this will bring the price down”.

The new national carrier, the minister explained, will be jointly run by the government and the private sector as an incentive for airlines flying the route. Read more on this here.

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