AfDB, Afro-Exim Bank Express Ready to Invest In ‘Nigeria Air’ Project

The African Development Bank (AfDB) and others are ready to invest in the Nigeria Air project, Aviation Minister Hadi Sirika revealed.

In a statement on Tuesday, the minister said institutions like the Afro-Exim Bank, Standard Chartered Bank, Airbus, and Boeing were ready to invest in the project.

“These (investors) include international financial institutions such as the Afro-Exim Bank, African Development Bank, Standard Chartered Bank; aircraft manufacturers, Airbus and Boeing; airlines such as Ethiopian Airlines, Qatar Air, etc., and some reputable individuals and entrepreneurs,” the minister said.

He added that the Federal Executive Council “only suspended the process for the establishment of the national carrier for the time being. The project has not been killed. These clarifications have been made in the public interest.” recalls that Last week announcement were made of the suspension of the National Carrier project due to investors’ apathy, just two months after it was unveiled.

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