NIGERIA AIR DOES NOT LACK INVESTORS
- Written by Super User
The Office of the Honourable Minister of state for Aviation has noted, with consternation, various opinions, comments and observations in the media regarding the status and the reasons for the recent suspension of the processes leading to the establishment of a Nigerian national carrier.
Among the reasons being bandied around for its suspension, especially in the social media is the absence of interested and ready investors. This couldn’t be farther from the truth, as the national carrier project has an avalanche of well-grounded and ready investors. These include international finance institutions such as the Afro-Exim Bank, African Development Bank, Standard Chartered Bank, aircraft manufacturers - Airbus and Boeing, airlines such as Ethiopian Airlines, Qatar Air etc. and some reputable individuals and entrepreneurs.
The office also wants to clarify that the country’s participation at the Farnborough Air Show in the United Kingdom in July was not for the sole purpose of unveiling the Nigeria Air logo as the public is being made to understand. It was also a meeting point with these potential investors who saw the event as another opportunity to market and re-emphasize their interests in the project.
It is also pertinent to clarify that the Federal Executive Council only SUSPENDED the process for the establishment of the national carrier for the time being. The project has not been killed. These clarifications have been made in the public interest.
Deputy Director, Media & Public Affairs
For: Honourable Minister of State for Aviation