👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada


FG invested $12.5 million in Nigeria Air – Adviser

The Federal Government’s five per cent stake in the national carrier, Nigeria Air, is worth $12.5 million.Information Guide Nigeria

According to NAIRAMETRJCS, Prof. Tilmann Gabriel, a former Transaction Adviser on the project, said this in a write-up.

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

He revealed that the Nigerian Government’s investment as start-up funding for the airline was $12.5 million, and the investment was in line with its five per cent share in the project.

Gabriel noted that the process leading to the formation had been transparent contrary to the claim by the Airline Operators of Nigeria and other stakeholders.

PUNCH reports that he stated that the government had ensured a clear ownership structure for the airline under the Public Private Partnership Nairametrics report says.

He noted that Nigeria Air had a solid business plan for the next 10 years with a total start-up budget of $250 million.

Other Top Stories:

Nairametrics revealed that he further stated that the national carrier was ready to launch with a fleet of Boeing 737 for domestic services, adding that the carrier was currently recruiting many Nigerian aviation professionals to help start its operations.JAMB portal

He said, “The Operations Control Centre at the Abuja Airport is ready to be opened with the most modern IT systems. The booking engines on the airline website and App will be available shortly with loyalty credit cards and other innovative pay systems.

“The immediate goal is to introduce all up-to-date customer service systems to make flying a pleasurable and easy-to-use enjoyment. Nigeria Air will be a new competitor in the Nigerian market, adding to the existing airlines. As Michael Porter taught us many years ago, the five factors of competition are for all businesses to recognise, amongst them is that all competition creates new businesses for all, as the customer has added choices.NYSC portal

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

“In short, the new year 2023 will have added choices for domestic flights for all customers, soon also on the regional and international markets.”JAMB Result

Gabriel hinted that the Air Operators’ Certificate for Nigeria Air had reached phase three of the exercise, out of the five phases an intending operator is expected to go through, emphasising that the airline would be issued the certificate by Nigeria Civil Aviation Authority, which would enable it to operate as a scheduled operator.

He revealed that Nigeria Air has applied to join the AON, “despite the kick by the umbrella body of indigenous carriers in the country to support the emergence of the airline.”

Check JAMB Result

Check and Confirm: How much is Dollar to Naira




Immigrate to Canada Via Job Offer!

Get latest Jobs in Canada for foreigners with visa sponsorship 2023 and how to apply. Don't miss this opportunity that can help you relocate to Canada with your family.


Click here to Subscribe

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment. . Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,. . All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA). .
The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
. We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker