The Minister of Aviation, Hadi Sirika has insisted that the planned national carrier which is billed to commence operation later this year would be private sector driven as the federal government would only have five per cent stake.
The minister made this known while fielding questions during the discussion on the future of global aviation at the ongoing World Government Summit Dubai Expo 2020, where he reiterated that members of the public would have 95 per cent stake in the national carrier with the core investor holding 49 per cent equity.
Sirika said aviation remains the fastest growing sector of the nation’s economy since the COVID-19 lockdown and described the country as the best place for airline business in Africa.
He said available statistics had been giving the federal government cause for cheers, saying the serviceable airports and prospecting airlines had both doubled, adding that aviation had been positioned as the fastest growing sector of the national economy.
