By Favour Nnabugwu
Plans have reached the top on the new national carrier, Nigerian Air which is said will take off April 2022.
The Minister of Aviation Hadi Sirika made it known at the end of the virtual Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.
The Minister explained that in the new national carrier, the federal government will have not more than five percent equity shares, Nigerian entrepreneurs 46 percent equity shares, while the would be international strategic partners will have 49 equity shares.
He explained that the Fedecal Executive Council gave approval for the new national carrier, adding that the new carrier in few years time when it becomes operational, would generate about 70 thousand jobs which he said is higher than the total federal civil servants in the country.
Sirika recalled that over 400 thousand Nigerians participated in choosing the name which was launched in 2018.