The Minister of Aviation, Hadi Sirika, has disclosed that the much-awaited national carrier, Nigeria Air, is expected to take off by April 2022.
The Minister made the disclosure while speaking with the State House Correspondents on Wednesday after the week’s Federal Executive Council, FEC meeting.
The meeting was presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja.
Mr Sirika also disclosed that the national carrier will be run by a company in which the government will hold a 5 percent stake.
He added, that Nigerian entrepreneurs will hold 46 percent, while the remaining 49 percent will be reserved for yet to be assigned strategic equity partners, including foreign investors.
He further noted that the national carrier, when operational, will create about 70,000 jobs for Nigerians.