Site icon Ships & Ports

‘National airline will grow Nigeria’s economy’

Airlines make N330.59bn from tickets sales

Minister of Transportation, Rotimi Amaechi, says the establishment of a national carrier will grow Nigeria’s economy.

In an interview with BBC, Amaechi said airline movements enhance the speed at which businesses are transacted within the country and a national airline will aid that.

“The speed at which business is transacted and cargoes or freight are conveyed are greatly enhanced by airline movements, so it will grow your economy and enhance development, including the fact that it will create employment,” Amaechi said.

The old Nigerian Airways ran into extinction, with a debt of over $40 million, after operating for about 45 years — from 1958 to 2003.

Minister of State for Aviation, Hadi Sirika, had said the new national carrier “will be private sector-led. Except with the Ethiopian Airlines it has been proven that government doesn’t do well with this kind of venture”.

He said the national carrier should be strong and viable before the end of 2017.

“We are going to have a national carrier; it is on course and because it is a PPP thing it has to go through IC and C, and also has to follow all the due process.

“So it is time-consuming but I hope very soon before the end of the year we will have a very strong viable national airline.”

The national airline is one of President Muhammadu Buhari’s promise to the Nigerian people.  



Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.

Exit mobile version