The minister of Aviation, Hadi Sirika, has disclosed that the much-awaited national carrier, Nigeria Air, is expected to take off by April 2022
Mr Sirika also disclosed that the national carrier will be run by a company in which the government will hold a 5% stake while Nigerian entrepreneurs will hold 46%.
The remaining 49% will be reserved for yet to be assigned strategic equity partners, including foreign investors.
The national carrier, when operational, will create about 70,000 jobs for Nigerians.