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FEC permits Nigeria Air to lease aircraft for operations

by Radarr Africa

The Federal Executive Council (FEC) has approved that Nigeria Air should lease three Airbus and Boeing aircraft to start operations.

The Minister of Aviation, Senator Hadi Sirika, announced this Wednesday, July 27, 2022, while briefing State House reporters after the federal cabinet meeting presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa in Abuja.

The minister, who did not disclose when the national carrier would start its operations, said the company would begin with three aircraft.

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The minister said Nigeria Air was open to investment from any of the country’s airline companies, particularly the 51 per cent shares set aside for Nigerians.

Meanwhile, the council has approved ₦707.9 million for the procurement of an investigation tool by the Accident Investigation Bureau.

The minister said it was awarded to Integrated Contract Services Limited, which would deliver the equipment within the period of 11 months.

Source: Pulse ng

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