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6 days ago · BREAKING: Tinubu's Govt Suspends Air Nigeria Indefinitely, Gives Reason. Monday, May 27, 2024 at 3:05 PM by Ridwan Adeola 2 min read. The federal government has announced the indefinite suspension of the Air Nigeria Airline project. The minister of aviation and aerospace development, Festus Keyamo, disclosed this at the ministerial briefing to ...
3 days ago · Nigeria Air, launched with high hopes and a $250m budget, was poised to become the cornerstone of President Muhammadu Buhari’s administration. Promising to create 70,000 jobs and generate $1bn in annual revenue, Nigeria Air aimed to transform air travel for millions of Nigerians.
5 days ago · May 28, 2024. in National. Reading Time: 2 mins read. A A. 0. The minister disclosed that the airline was never a Nigerian airline but an attempt to use a foreign airline to pose as a Nigerian national airline. The Nigerian government has announced the indefinite suspension of the controversial Nigeria Airline project.
3 days ago · The Nigeria Air project was unveiled in 2023. The launch caused concerns about the ownership arrangement, which gave Ethiopian Airlines a 49 percent equity stake, while the Federal Government held five percent, and a consortium of three Nigerian investors owned 46 percent.
2 days ago · The ownership arrangement of Nigeria Air was a focal point of controversy, with Ethiopian Airlines holding a 49 percent equity stake. This left only a minor portion for the Nigerian government at five percent, while a consortium of three Nigerian investors held the remaining 46 percent.
5 days ago · May 28, 2024. 2 minute read. The Minister of Aviation and Aerospace Development , Festus Keyamo, has said the Air Nigeria project remains suspended since the government first took the action nine months ago following the controversies that trailed its commissioning during the twilight of the Muhammadu Buhari presidency.
6 days ago · The Air Nigeria Airline project has been suspended indefinitely. Minister of Aviation and Aerospace, Festus Keyamo, disclosed this at the ministerial briefing to celebrate the first year of the Tinubu administration. Keyamo said the airline was never a Nigerian airline but was an attempt to impersonate a foreign airline operating in Nigeria.
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