Suspended Nigeria Air Project Did Not Lack Investors—Sirika Insists

* Logo source: The Guardian Nigeria



The Minister of State for Aviation, Senator Hadi Sirika has said that the suspended and controversial Nigeria Air project has more than enough investors contrary to speculations in some quarters that the project was put on hold for lack of investors.

The clarification was made in an online statement issued by the Deputy Director, Media & Public Affairs, James Odaudu For: Honourable Minister of State for Aviation, explained that the national carrier project has an avalanche of well-grounded and ready investors.

He listed the investors to include international finance institutions such as the Afro-Exim Bank, African Development Bank, Standard Chartered Bank, aircraft manufacturers; Airbus and Boeing, airlines such as Ethiopian Airlines, Qatar Air etc. and some reputable individuals and entrepreneurs.

He also refuted insinuations that Nigeria went to the the much talked about Farnborough Air Show to unveil the airline’s logo.

“The office also wants to clarify that the country’s participation at the Farnborough Air Show in the United Kingdom in July was not for the sole purpose of unveiling the Nigeria Air logo as the public is being made to understand. It was also a meeting point with these potential investors who saw the event as another opportunity to market and re-emphasize their interests in the project.”

“It is also pertinent to clarify that the Federal Executive Council only suspended the process for the establishment of the national carrier for the time being. The project has not been killed. These clarifications have been made in the public interest,” the statement reads.








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