Ethiopian Airlines a major shareholder in Nigeria Air – Buhari aide replies critics

March 4th, 2024 7:21 am

Ethiopian Airlines a major shareholder in Nigeria Air – Buhari aide replies critics

Ethiopian Airlines is one of the primary shareholders in Nigeria Air, according to Bashir Ahmad, Special Assistant to President Muhammadu Buhari on Digital Communications.

According to Ahmad, Nigerians may anticipate seeing more Ethiopian Airlines planes in Nigeria Air.

There have been rumors that the Nigeria Air plane was leased from Ethiopian Airlines ever since it was reported that it had arrived in the nation.

Haji Serika, the minister of aviation, was charged with defrauding the Nigeria Air project.

It is never a secret that Ethiopian Airlines is one of the primary shareholders/partners in the Nigeria Air Limited projects, Ahmad tweeted in response to such assertions. Never! Save your wailing for later; more Ethiopian Airlines planes will soon be flying with our national carrier’s branding.

Many major airlines around the world, including British Airways, which IAG owns, are not owned by their governments, similar to Nigeria Air.

Despite being from February, this article is still quite current and fascinating.Ethiopian Airlines, the continent’s continuously most successful airline, was selected by the Federal Government as its strategic equity partner and would hold a 49% stake in the new firm after a drawn-out selection process.

“Only 5% of the new airline will be owned by the government, with the remainder 46% being invested in by individual Nigerians.

It is intended that Ethiopian will provide its organizational and management skills, along with a first batch of aircraft, to the new flag-carrier.

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