The Federal Executive Council has approved April 2022 as the official date for the commencement of the operations of much-awaited Nigeria Air., disclosed this when he along with Ministers of Transportation, and Finance, Budget and National Planning, Rotimi Amaechi and Zainab Ahmed, respectively, briefed State House correspondents on the outcome of the FEC meeting.
“Today in Council, Ministry of Aviation presented two memoranda. The first one is approval for the award of contract for the provision of Automated Civil Aviation Regulatory Equipment, including the software support and training, which will be located at Nnamdi Azikiwe International Airport, Abuja. “Then, 46 per cent would be owned by Nigerian entrepreneurs. So, if you add that is 51 per cent. So, 51 per cent majority shareholding by Nigerians.
“The GDP third-quarter report shows a growth of 4.03 per cent in the third quarter 2021, compared to a contraction of minus 3.62 per cent in the third quarter of last year. “So, factors that are responsible for this growth include the commitment of the government to continued containment of the COVID-19 pandemic, as well as the implementation of fiscal and monetary measures to support businesses contained in the Economic Sustainability Plan.
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