Aviation: Private sector must maintain leadership – Peter Obi


Peter Obi, the Labor Party candidate, has said that Nigeria must allow private operators and the private sector to retain leadership.

The revealed this in a statement Tuesday after a speech at the Lagos Business School alumni event.

He also praised FG’s efforts to have an airline consortium model available to Nigeria Air, calling it a “positive”.

Obi noted that Nigeria’s aviation industry has been properly and correctly deregulated.

“It should stay that way. I perfectly understand the psychic satisfaction of a country that owns a national airline. But such an arrangement is not imperative.”

The news continues after this announcement.

He added that the national airline could provide pride and employment; but cautioned against weighing the cost-benefit aspects.

  • “We should allow private operators and the private sector to maintain leadership. They already have a consortium of airlines and that is positive”, he pointed out.

For the record: Nairametry latest report month in which the federal government reiterated that its partnership with East African carrier Ethiopian Airlines for the standby national carrier Nigeria Air would be a victory for the country.

The news continues after this announcement.

Senator Hadi Sirika acknowledged the fact that Nigeria has had some sordid experiences with the formation of a national airline in the past, but assured that the deal with Ethiopian Airlines would be a different experience for the country.

The federal government selected Ethiopian Airlines two weeks ago as the lead investor and partner in the Nigeria Air project. Ethiopian Airlines is said to have a 49% stake in the proposed national carrier.

Also mentioned were Skyway Aviation Handling Company (SAHCO) Plc, MRS and other institutional investors with 46%, while the federal government retained its 5%, making a total of 100% shares.


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