THE President, Major General Muhammadu Buhari , and his Minister of Aviation, Hadi Sirika, are stubbornly pressing ahead with their plan to establish another potentially profligate enterprise – Nigeria Air. To this effect, the reality of a state-backed national carrier got closer on June 6 when the ministry received an Air Transport Licence from the regulator.
Though its details remain hazy, a new take-off date has been scheduled for later this year, after Nigeria Air Limited must have secured an Air Operating Certificate. The AOC takes 18 months to grant, according to industry regulations. But being government-supported, the regulators may be tempted to fast-track it. If granted without due process, this will instantly create an image problem for the project. Although Sirika says the government will own only 5.
To be fair, Sirika says Nigeria Air is aimed at maximising the economic benefits of 80 Bilateral Air Services Agreements. But this argument falls flat. It is far better to further liberalise the aviation sector and promote private airlines to utilise the benefits of BASA. Experience around the world has proved that enabling private airlines’ growth is better than pouring public funds into commercial enterprises.
They won't listen.
I weep for my country despite all the resources we have we can't float an airline as a nation, look at Ethiopia airways
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