Nigeria’s Minister of State for Aviation Hadi Sirika, on Wednesday, unveiled the name and logo of the nation’s new national carrier.
He said the new carrier is to be known as Nigeria Air.
Speaking in London at the Farnborough International Air show, Sirika said the government will not own more than five per cent of the airline.
“This is an important day for Nigeria. The largest economy in Africa, largest population, GDP of around half a billion dollars, and the only true aviation player in West and Central Africa,” he said.
“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.
“What we are unveiling today will be a national carrier that is private sector led and driven. It is a business, not a social service. The government will not be involved in running it or in deciding who runs it. The investors will have full responsibility for this.
“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.”
The new terminals in Lagos and Abuja Airports, Sirika added will add 11 million passengers each to the nation’s aviation traffic.
According to the minister, the airline will have a total of 81 flights on domestic, regional and international routes.
Operations are scheduled to begin in December 2018.