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Reading: Nigerian government selects Ethiopian Airlines as preferred bidder for Nigeria Air
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Nigerian government selects Ethiopian Airlines as preferred bidder for Nigeria Air

Ethiopian Airlines (ET) Consortium has been chosen by the federal government as the preferred bidder for Nigeria Air. Sen. Hadi Sirika, the ...

Chima Joseph Ugo
Chima Joseph Ugo - Editor-in-chief September 24, 2022
Updated September 24, 2022 at 9:06 AM
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Nigerian government selects Ethiopian Airlines as preferred bidder for Nigeria Air
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Nigerian government selects Ethiopian Airlines as preferred bidder for Nigeria Air
Ethiopian Airlines (ET) Consortium has been chosen by the federal government as the preferred bidder for Nigeria Air.

Sen. Hadi Sirika, the aviation minister, said this to the media on Friday in Abuja.

He claims that ET received a score of 15% for its financial bid and 89% for its technical bid.

Sirika stated that the Infrastructure Concession Regulatory Commission's (ICRC) Request for Proposal (RFP) for the Nigeria Air under the Public-Private Partnership (PPP) Act has been finished.

“After a careful, detailed and ICRC governed selection process, Ethiopian Airlines (ET) Consortium has been selected as preferred bidder, offering an owner consortium of 3 Nigerian investors.

“The Nigerian investors are MRS, SAHCO and the Nigerian Sovereign Fund (46%), FGN owning 5% and ET 49%. The consortium has been subject to a due diligence process.

“The contract will be negotiated between consortium and FGN leading to a Full Business Case (FBC) which will be expected to be approved by the Federal Executive Council (FEC). We expect this process to take 6-8 weeks.”

The minister said the national carrier would be launched with three Boeing 737-800 in a configuration very suitable for the Nigerian market.

According to him, Nigeria Air will be launched with a shuttle service between Abuja and Lagos to establish a new comfortable, reliable and affordable travel between the two major Nigerian Airports.

Sirika added that other domestic destinations would follow thereafter.

“The first aircraft is ready to arrive in Abuja for the further work and NCAA inspection, demo flights and audit as part of the AOC requirements.

“In time, two others will arrive to complete the required three aircraft for a new AOC holder. The interim executive team has prepared, with the support of FAAN.

“The team has arranged for Terminal C at the Abuja Airport and finalised a contract with MMA 2 terminal in Lagos, for the operation of an initial shuttle between Lagos and Abuja,” he said.

He noted that the Operations Control Centre (OCC) at the Abuja Airport would act as Headquarters of the airline.
Tags: Business, Transport

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