Hey everyone,

I wanted to provide an update on the Nigeria Air project and address some recent concerns raised in an article. The Infrastructure Concession Regulatory Commission (ICRC) has clarified that all necessary approvals were obtained, dismissing claims of misconduct. Former Minister of Aviation, Senator Hadi Sirika's efforts should be acknowledged considering the complexities of the aviation industry.

It's unfair to compare the Nigeria Air project to failed airlines without considering their unique circumstances. Criticising Sirika's qualifications based solely on his background as a pilot overlooks his extensive political career and dismisses his capabilities. Allegations of the project being a scam should be supported by evidence rather than conjecture.

The article lacks a balanced assessment, relying on generalisations and personal attacks instead of well-researched evidence. Scepticism is healthy, but it should be based on sound analysis. Let's foster an environment that supports innovation and positive contributions to our nation's development.

According to the ICRC, the proposed ownership structure involves Ethiopian Airlines (49%), MRS Oil and Gas Limited (15%), Skyway Aviation Handling Company Plc (15%), and the Federal Government (5%). The remaining 16% has yet to be allotted. The project gained approval on the sixth attempt and was initiated in 2016 as a public-private partnership. The Federal Government's stake is 5%, with private partners holding the rest. The ICRC confirmed the project's viability and highlighted the rejection by the Federal Executive Council due to the government's non-financial involvement.

Negotiations faced hurdles due to consortium disagreements, and efforts to mediate are ongoing. The necessary steps for progress include signing the shareholders' agreement, completing the Full Business Case, obtaining approval from the Federal Executive Council, and vetting the draught public-private partnership agreement.

Let's continue to follow these developments and encourage constructive dialogue based on factual information. Together, we can support initiatives that drive our nation's progress.

Stay informed and have a great day!

https://medium.com/@flyingdemystified/former-minister-hadi-sirika-and-air-nigerias-mirage-a-critical-examination-93c338836acf

Air Nigeria is a fraud.
Know this and have peace

It is important to base arguments on factual evidence and avoid making unsubstantiated claims or assumptions. Constructive dialogue and proper investigation are essential for addressing concerns.

donttryme:
Air Nigeria is a fraud.

Know this and have peace