• Nigeria Air announces recruitmentThe Minister of Aviation, Hadi Sirika, disclosed on Friday that Ethiopian Airlines emerged a core investor in the Nigerian National Carrier, Nigeria Air, following a bid. Sirika, who disclosed this at a press briefing in Abuja, said Ethiopian Airlines won the bid with a consortium and would have 95 controlling shares in the airline. While noting that only Ethiopian Airlines met the bidding evaluation criteria and the deadline, Sirika said it would hold 45 per cent equity with other consortium holding 46 per cent. Sirika, who stated that the Federal Government spent less than the budgeted amount for the project, disclosed that efforts are being made to launch Nigeria Air this year. “Nigeria Air, the new Airline will be owned by a Nigerian private Investor Consortium together with a five per cent Federal Government holding, including Ethiopian Airlines shareholding.

Source: Ethiopian News September 23, 2022 21:12 UTC