The Federal Government of Nigeria has unveiled its new national carrier, Nigeria Air, with the aim of generating $1 billion in revenue within the next five years. Nigeria Air Limited is a company established under Nigerian laws, and is a partnership between Nigerian entrepreneurs and Ethiopian Airlines Consortium. The Aviation Minister added that the Ethiopian Airlines partnership provides capacity, which leaves no doubt that Nigeria Air would succeed. The Chief Commercial Officer of Ethiopian Airlines, Lemma Yadecha Gudeta, praised the efforts of the federal government, assured that the project under the watch of the Ethiopian Airlines would foster economic development for the country. He also said that Nigeria Air would be a $1 billion company within five years.

Source: The Guardian May 27, 2023 07:51 UTC