As Nigeria Air prepares for takeoff | TheCable

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As Nigeria Air prepares for takeoff | TheCable
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OPINION BY ADENIRAN AKINBOYEWA: As Nigeria Air prepares for takeoff | TheCable

Due to many years of failed government projects and white elephants, Nigerians have become a cynical lot. I mean, can you blame them? Almost every business the government owns has become a tragic story. The country is replete with such examples like the dilapidated refineries, the abandoned Ajaokuta Steel Complex, the defunct Nigerian Airways, and a host of others.

But Nigeria Air is not like Virgin Nigeria. According to the federal ministry of aviation, it commenced the implementation of an aviation roadmap that was approved by President Muhammadu Buhari in 2016 after an extensive appraisal of the aviation industry and interaction with key stakeholders in the industry.

At the end of the evaluation, the Ethiopian Airlines consortium emerged as the preferred bidder, this is the first time in Nigeria’s history that a proper bid process will be done to establish a flag or national carrier. This was a culmination of six years of hard work by the ministry of aviation, The Infrastructure Concession Regulatory Commission , and the transaction adviser.

Regarding Nigeria, Ethiopia’s strategy is to significantly strengthen its commitment to Nigeria beyond the four destinations it currently serves, already more than any other international airline. Ethiopian plans to make a significant co-investment in Nigeria Air, the new flag carrier to make Nigeria Air a world-class airline taking into consideration that Nigeria is the largest economy in Africa and is the continent’s most populous country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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