“Air Peace CEO Dismisses National Carrier Concept as Outdated and Financially Unsustainable” - News Summed Up

“Air Peace CEO Dismisses National Carrier Concept as Outdated and Financially Unsustainable”


Air Peace CEO, Allen Onyeama, has criticized the idea of a national carrier, labeling it as outdated and financially draining. Despite the earlier launch of Nigeria Air, a national carrier, the controversy surrounding the project led to its suspension by the government under President Bola Tinubu. Expressing his strong opposition, Onyeama emphasized that Nigeria doesn’t need a national carrier due to the inherent challenges of managing such an enterprise. He questioned Nigeria’s focus on a national carrier in 2023, citing the global trend of divesting such enterprises and suggesting that countries with national carriers often lack private entrepreneurs with sufficient funding. His remarks echo a series of criticisms surrounding the Nigeria Air project, including condemnation from the Senate, which labeled it as shrouded in secrecy.


Source: Ethiopian News November 18, 2023 23:45 UTC



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