3 Nov 2016

FG Set To Float New National Airline .



The Federal Government will appoint a transaction adviser next week as part of efforts to establish a new national carrier, an official has said. The Minister of State for Aviation, Hadi Sirika, said the new national carrier will ensure competition, cut in ticket costs and give Nigerians options to choose from. . . . The new national carrier, the minister explained, will be jointly run by the government and the private sector as an incentive for airlines flying the route. . . . Mr. Sirika also said the Federal Executive Council, FEC, approved about N3 billion for the completion of the rehabilitation work on terminal building phase II and international wing of the Port Harcourt International Airport. . . . He said that N1.6 billion would be expended on rehabilitation of the international wing of the airport while completion of work on the terminal building phase II of the airport would cost N1.4 billion. . . . 
According to him, the council approved the project as it is captured in the 2016 and 2017 budget. “So, very soon we will complete that very important airport, especially the arrival, Port Harcourt airport has been tagged the worst airport in the world. . . . 
“But, by the grace of God and the wisdom of the council, it has been approved and will be completed. “The upgrade and the rehabilitation of the terminal building, international wing of the Port Harcourt from N777, 726,669. 30 to N1,684,520,310.58. . . . “Second one, is the refurbishment of Port Harcourt airport terminal building phase II domestic wing from N746,830,782.12 to N1,411,662,855.67.’’ . . . “Just be patient, in the next 24 to 36 months a lot things will be in place,” he added. The minister frowned at the activities of some air carriers . . . “like Egypt Air, British Airways, Turkish Air who fly in here with undesirable aircraft while they put on other routes better aircraft despite the fact that the Nigerian routes pay them more.”

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