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FG Mulls Converting Arik, Aero Contractors To National Carriers

FG Mulls Converting Arik, Aero Contractors To National Carriers The Asset Management and Corporation of Nigeria (AMCON) has said Arik and Aero Contractors airlines may be merged and converted to a national carrier. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, stated this on Monday at...

Despite Failure To Begin Operations, National Carrier Gets N400m Allocation

Despite Failure To Begin Operations, National Carrier Gets N400m Allocation   The Federal Government plans to spend N400m as working capital on its proposed national carrier which has failed to begin operations and has remained on the discussion table since 2015. It disclosed this in the 2022...

Investors To Raise N102.75bn For National Carrier – Fed Govt

Investors To Raise N102.75bn For National Carrier – Fed Govt       Private investors are to raise $250m (N102.75bn at N411/$ official exchange rate) to start up Nigeria’s national airline, the Federal Government has said. It disclosed this in a document on the updated status of the government’s...

NEPC, Operators Seek National Carrier To Boost Non-oil Export

NEPC, Operators Seek National Carrier To Boost Non-oil Export       While building the capacity of non-oil exporters is key for market penetration, the country needs a national carrier to further improve its chances of entering new markets and deepening non-oil export growth, the Nigerian Export Promotion...

FG To Launch National Carrier 3Q, 2020

FG To Launch National Carrier 3Q, 2020   The Federal Government Wednesday in Abuja disclosed that it had not given up on its determination to float a national carrier for the country. Consequently, it said the proposed national carrier, Air Nigeria, would be launched in the third...

National Carrier’ll Create Employment For New Pilots, FG Says

National Carrier’ll Create Employment For New Pilots, FG Says     The Federal Airports Authority of Nigeria has said that the idea of a national carrier for Nigeria if implemented would create employment opportunities for new pilots. The Managing Director of FAAN, Rabiu Yakubu, said this on Tuesday...