The Minister of State, Aviation, Hadi Sirika has disclosed that the Nigeria Air project was not suspended because of lack of investors.
A statement by the Deputy Director, Media and Public Affairs, Ministry of Transportation, James Odaudu, on Tuesday, said the national carrier project had an avalanche of well-grounded and ready investors.
The investors, according to Sirika, include international finance institutions such as the Afro-Exim Bank, African Development Bank, Standard Chartered Bank, aircraft manufacturers – Airbus and Boeing.
The minister also stated that the country’s participation at the Farnborough Air Show in the United Kingdom in July was not for the sole purpose of unveiling the Nigeria Air logo contrary to public belief.
He explained that the air show was also a meeting point with those potential investors who saw the event as another opportunity to market and re-emphasize their interests in the project.

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