Ex-Aviation minister Hadi Sirika says N3bn released for Nigeria Air not completely spent

Hadi irika, a former Minister of Aviation and Aerospace, has said that the three billion naira released by the Federal Government for the establishment of Nigeria Air was not completely spent.

Mr Sirika made this known on Sunday in Abuja during a programme on Arise TV.

According to him, from 2016 to 2023, the budget for the Nigeria Air was N5bn, and only 3 billion was released, and up till today, the money has not been completely spent.

He said the government of Nigeria did not pay a dime for the Nigeria Air to come for the unveiling on May 26.

“It is ridiculous to think that we’ll hire and paint an aircraft for N138Bn, which could get us five new Boeing 777max.

“We are responsible people and the general public should approach Ministry of Information and apply for the right of information to see for themselves.

“The House committee chairman on aviation asked for 5 percent of Nigeria Air for himself and his people. I asked him to approach the owners of the airline,” he said.

According to him, former President Olusegun Obasanjo handed Nigeria Airways to his friend company, Arik Air, which is indebted to the tune of over N300bn, of which Nigeria taxpayers money is N250bn via AMCON.

“So, do we hand it over to Arik?” he asked, rhetorically.

NAN

You may also like

Recent News

NGX extends rally as investors record N881bn gain

NGX fines 30+ firms N562.6m for late filings, delist risk

CBK is hiring for crypto compliance roles ahead of new rules

Kenya CBK hires staff to lead VASP licensing, compliance

Oyedele pledges to prioritize revenue mobilization, fiscal sustainability

Vehicle Tax Rumor Debunked: No New Nigerian Car Tax

SpaceX links Musk mega-pay to colonizing Mars – Reuters — RT Business News

SpaceX ties Musk Pay to $7.5T Valuation, Mars Colony Goal

Scroll to Top