JUST IN: FEC approves April 2022 for Air Nigeria take-off

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The Federal Executive Council (FEC) has approved April 2022 as the take-off date of Air Nigeria, the proposed new national carrier.

Minister of Aviation, Hadi Sirika announced this to State House Correspondents on Wednesday after the week’s Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja.

According to him, the national carrier will be run by a company in which the government will hold a 5% stake, Nigerian entrepreneurs holding 46% while the remaining 49% will be reserved for yet to be assigned strategic equity partners, including foreign investors.

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The minister further noted that the national carrier, when operational, will create about 70,000 jobs for Nigerians.

More soon….

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