The federal government of Nigeria has suspended the national carrier project indefinitely.
This was made known on Wednesday, September 19, 2018 by the minister of state for aviation, Hadi Sirika.
Though he did not give any reason for the decision, he wrote on Twitter that:
“I regret to announce that the Federal Executive Council has taken the tough decision to suspend the National Carrier Project in the interim. All commitments due will be honoured. We thank the public for the support as always”.
You will recall that the airline, Nigeria Air, was unveiled in July, 2018 at the Farnborough International Airshow in London and operations were scheduled to begin in December, 2018.
Sirika had said at the unveiling that the airline will be managed by private investors with the federal government owning a five percent stake in the business. According to him:
“Nigeria has unfortunately not been a serious player in Aviation for a long time. We used to be a dominant player, through Nigeria Airways, but sadly not anymore.
“The Nigerian government will not own more than 5% (maximum) of the new national carrier. The government will not be involved in running it or deciding who runs it”.