Nigerian authorities have selected a consortium to set up an aviation leasing company as part of plans to overhaul the country’s aviation sector.
The c said on Monday that it has picked the Egypt Air consortium for the aviation leasing company, which the government aims to set up as a private-public partnership.
The Nigerian aviation sector is dogged by challenges ranging from poor infrastructure, mounting debt and financing. to “get foreign technical investors that would take and pay for a big chunk of the debts; sell the remaining to the Nigerian public at the NSE market with a view to transforming the airlines to one or two national flag carriers,” among other recommendations.
The EMT recommendation was that the Nigerian government should not set up a national carrier with public funds.
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