The Minister of Transportation, Rotimi Amaechi has explained that the proposed Nigeria Air was not abandoned as the process is still ongoing.
Amaechi, who stated this during his valedictory press briefing in Abuja yesterday, explained that the Federal Executive Council is divided on the modality for the establishment of the proposed national carrier and hence, the suspension of the project.
He stated that members of the federal cabinet had different beliefs and positions as regards the establishment of a national carrier for Nigeria and the mode of ownership.
He said:“On national carrier, it has not been abandoned but the cabinet is divided on the issue of modality. There are those who believe that the federal government should invest and then sell the equity later, while there are also those who believe that no , and from day one they say let us get investors in and give them the franchise of Nigeria Air. That is where we are and that is what held it down. But as for whether it…