Nigeria Air's Principal Stakeholder Is Ethiopian Airlines - Buhari Aide Responds To Detractors

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

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

In response to such assertions, Ahmad tweeted: "It is never a secret that Ethiopian Airlines is one of the major shareholders/partners in the Nigeria Air Limited projects. Never! Save the cry now, and expect to see more Ethiopian Airlines aircraft branded in our national carrier's colors.

"Like Nigeria Air, many major airlines around the world are not owned by their governments, British Airways, which IAG owns, is an example.

"This is a February story, but still very relevant and interesting - "After a lengthy selection process, the Federal Government chose Ethiopian Airlines - the continent's consistently most successful carrier - as its strategic equity partner, with a 49% shareholding in the new company.

"The Government will hold just 5% of the new airline, with other Nigerian investors making up the remaining 46%.

"The intention is that Ethiopian will supply its managerial and organisational expertise, together with an initial batch of aircraft, for the new flag-carrier."