The Federal Government has approved the sum of N47 billion for the take off of Nigeria Air. The Minister of State for Aviation, Sen. Hadi Sirika, said the money is already in the 2019 budget recently passed by the National Assembly.
“President Muhammadu Buhari had directed that the Viability Gap Funding (VGF) for the project be provided for in the 2019 Appropriation; which the National Assembly has graciously done.”
In September, 2018, the Federal Government announced the suspension of the planned National Carrier, Nigeria Air indefinitely.
