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NATIONAL CARRIER WILL BE PRIVATE SECTOR DRIVEN

The Minister of State for Aviation, Sen. Hadi Sirika, says the proposed national carrier will be private sector driven. He said that would avoid the mistakes that led to the failure of the defunct Nigerian Airways.e said that stakeholders had agreed on a Public Private Partnership (PPP) arrangement for the new national carrier. The minister explained the Federal Government was following Infrastructure Concession Regulatory Commission (ICRC) guidelines to ensure that due processes in the arrangement.According to him, government has appointed the Transaction Advisers to work out modalities for the carrier. He said that government intended to go into alliances or joint ventures with other aircraft manufacturers to increase the reach and number of routes of the national carrier. Sirika added that the planned improvement of airport and air navigation infrastructure would support the expected growth from activities of the new carrier. “The question of national carrier, we all have agreement that this national carrier can only survive and succeed if it is private sector led and driven. “Public Private Partnerships (PPPs) in Nigeria are guided by act of parliament which is the ICRC Act 2007 that spelt out how to go about doing all these things. “We will be following them diligently. 

Wed, Nov 29, 2017 11:17 AM
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About Us

The ICRC was established to regulate Public Private Partnership (PPP) endeavours of the Federal government aimed at addressing Nigeria’s physical infrastructure deficit which hampers economic development.

Contact us

  • languagehttp://www.icrc.gov.ng
  • emailinfo@icrc.gov.ng
  • call+234 9 4604900
  • room Plot 1270, Ayangba Street, Near FCDA Headquarters, Area 11, Garki, Abuja.

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