Not a bad move as Ethiopian Airlines is the best in Africa: “The promise of the federal government of Nigeria to revitalize the defunct national carrier, Nigerian Air, is coming to fruition… Ethiopian Airlines will hold 49% stake, making it the largest shareholder.”
“After a careful, detailed and ICRC governed selection process, Ethiopian Airlines (ET) Consortium has been selected as preferred bidder, offering an owner consortium of 3 Nigerian investors MRS, SAHCO and the Nigerian Sovereign Fund (46%), FGN owning 5% and ET 49%,” the statement quoted Mr Sirika as saying
The big question would be how Nigerians will respond if they import Ethiopian workers and we bring our “attitude” on those Lagos-Abuja routes, making things harder for them to achieve the goals. They will likely pay the Ethiopian workers better and that will trigger their local compatriots to stage demonstrations.
And the biggest risk: would Aso Rock travelers be required to pay for their tickets or would they fly first and then pay later? It would be a miracle for a national carrier to thrive in modern Nigeria; I have more confidence in a local government carrier than a national one! Nonetheless, good luck to Ethiopians – they understand metal birds far better than any group in Africa.
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The promise of the federal government of Nigeria to revitalize the defunct national carrier, Nigerian Air, is coming to fruition.
The Minister of Aviation, Hadi Sirika, told journalists on Friday in Abuja, that the national carrier is close to being launched with Boeing 737-800 that will apply the Lagos-Abuja route.
According to a statement by Sirika, under the Nigerian Air Project, Ethiopian Airlines will hold 49% stake, making it the largest shareholder.
“On 10th June 2022, the Ministry received on time one closed bid by the Ethiopian Airline Consortium. A few others attempted to submit but unfortunately could not meet the deadline. Since we did not collect the bids, we are not in a position to say who they are.
Ethiopian Airlines Takes 49% Stake As Nigeria Sets to Launch A National Carrier
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