FG makes U-turn, says NSIA not stakeholder in Nigeria Air | TheCable

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Hadi Sirika, minister of aviation, says the Nigerian Sovereign Investment Authority (NSIA) is not an investor in the Nigeria Air project.

Sirika made the clarification in a statement issued by James Odaudu, his special assistant on public affairs, on Saturday.He said the NSIA is not part of the private equity ownership of the airline, adding that the error was made during his media briefing.“We wish to clarify that the Authority is not part of the private equity ownership of the airline, being a government establishment,” Sirika said.

“For the avoidance of doubt, the equity ownership structure of Nigeria Air stands as Ethiopian Airlines 49%, Nigerian private investors 46% and the Federal Government 5%.

 

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hadisirika fmaviationng Indecisiveness 😂

hadisirika fmaviationng Africa's largest airline, Ethiopian Airlines will own 49% of Nigeria Air. Ethiopian Airlines also owns 45% of Zambia Airways, 49% of Guinea Airways, 100% of Ethiopia-Mozambique Airlines, 49% of Chad Airlines and 49% of Air Malawi. It is 100% owned by the government of Ethiopia.

hadisirika fmaviationng Okay Oo

hadisirika fmaviationng Confusion! The history of this renewed effort to get a National Carrier is replete with controversy, deceit, corruption and uncouth desperation. From the jamboree London Logo unveiling to this latest misinformation and rebuttal. Going forward, the processes should be decent.

hadisirika fmaviationng Hadi sirika Aviation minister na corrupt olodo 🤣🤣🤣

hadisirika fmaviationng Flip flop

hadisirika fmaviationng Awon ómó Iran kiiran, nigeria will work in my life time.

hadisirika fmaviationng Awon ómó Iran kiiran, nigeria will work in my life time.

hadisirika fmaviationng Confused fellows.

hadisirika fmaviationng Government magic

hadisirika fmaviationng Always making u-turn and recounting statements

hadisirika fmaviationng E don dey start. I don't trust these guys with this. Virgin tried it & the demands from the political class made it pull out & never looked back. Let's hope a multimillion dollar law suit doesn't creep out somewhere that Malami will advise settlement of some $300M

hadisirika fmaviationng This is another flying coffin in the making. NIGERIANS BE WARNED!!!!

hadisirika fmaviationng Lying liars! There can never be any truth from this party and govt. you are a minority shareholder yet you are recruiting for the company. Why is simple transparency of public resources a huuuuge issue for them? Just why?

hadisirika fmaviationng It was all planned

hadisirika fmaviationng Gosh!!!! Error Like you don't know your investors? My own is that Nigerian govt should have nothing to do with the management of that airline. Omoorr Shaa!! If FG is a doctor conducting surgeries, patients would be slaughtered in their numbers cos of 'errors'.

hadisirika fmaviationng Always making a Uturn, Control damage as always..

hadisirika fmaviationng Hadi retirement take home.

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