Tuesday, September 25, 2018

''Nigeria Air Not Suspended For Lack Of Investors''

The minister of state, aviation, Hadi Sirika, has disclosed that the national carrier (Nigeria Air) project was not suspended because of lack of investors.

A statement by James Odaudu, deputy director, media and public affairs, ministry of transportation, on Tuesday, said the national carrier project ”had an avalanche of well-grounded and ready investors”.

The investors, according to Mr Sirika, include international financial institutions such as the Afro-Exim Bank, African Development Bank, Standard Chartered Bank, aircraft manufacturers – Airbus and Boeing.

“They also include airlines such as Ethiopian Airlines, Qatar Air etc. and some reputable individuals and entrepreneurs.

“The office of the minister of state for aviation has noted, with consternation, various opinions, comments and observations in the media regarding the status and the reasons for the recent suspension of the processes leading to the establishment of a Nigerian national carrier.

“Among the reasons being given for its suspension, especially in the social media is the absence of interested and ready investors.

“This couldn’t be farther from the truth, as the national carrier project has an avalanche of well-grounded and ready investors,” he said.