The Federal Government yesterday unveiled a new national airline, Nigeria Air to replace the defunct Nigeria Airways which died 14 years ago.
Mr. Hadi Sirika, the Minister of State for Aviation, Hadi Sirika, formally unveiled the name and logo yesterday at an airshow in London.
“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,” Mr Sirika said.
He continued: “This 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 deciding who runs it. The investors will have full responsibility for this.”
The Nigerian government is expected to have a five percent stake in the new airline.