The Federal Executive Council has given approval to Nigeria Air to lease aircraft to start operations.
Hadi Sirika, Minister of Aviation, made the announcement while briefing State House correspondents after the council meeting chaired by President Muhammadu Buhari at the Presidential Villa in Abuja on Wednesday.
The Minister added that Nigeria Air is open to investment from any of the country’s airline companies.
The Minister said: “I presented two memoranda on the national carrier to allow Nigeria Air to lease aircraft to start operations. That has been approved by the council.
“The second is the deployment of investigation tool by the Accident Investigation Bureau.
That tool will permit the accident investigation to be able to decode goings on in flights, and God forbid, should there be a need to investigate the accident or incident, the tool will help them to be able to do so.
“That procurement is in the sum of 1,506,285.7 euros, which is equivalent to N707,962,864.83.
This will be including taxes at central bank exchange rate of 472 in Euro with the delivery period of 11 months and is awarded to Messers integrated contract services limited for AIB.”
