JankariGyan
Created By Sweti 24 Sept 2022
Country aviation minister Said in statement , A consortium headed by Ethiopian Airlines is the preferred option for the
Sources : google
bidder to buy shares in the newly launched Nigerian airline Nigeria Air
Sources : google
The airline was among President Muhammadu Buhari's campaign promises for the election.
Sources : google
Ethiopian Airlines will own a 49 percent stake in the newly-formed airline as well as Nigerian Sovereign Fund will own 46%.
Sources : google
Nigerian Sovereign Fund will take 46%, and Nigerian Sovereign Fund will own 46% and the Nigerian federal government will hold the remaining 5 percent.
Sources : google
Minister of Aviation Hadi Sirika reports to media that Buhari's cabinet is expected to approve the shareholding scheme in the coming weeks.
Sources : google
Nigeria Air stand with an initial capital of $300 million, and is expected to acquire 30 aircraft within the next four years, he stated.
Sources : google
Nigeria Air will launch with flights connecting Lagos, Nigeria's capital Abuja and Lagos the capital city of commerce and will add additional routes later.
Sources : google