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Nigeria Air: FG selects Ethiopian Airlines as preferred bidder

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 The Federal Government has selected Ethiopian Airlines ET Consortium as preferred bidder for Nigeria Air The Minister of Aviation Sen Hadi Sirika made this known during a media briefing on Friday in Abuja According to him ET scored 89 per cent out of 100 as regards the technical bid and 15 out 20 as regards financial bid Sirika explained that the Request for Proposal RFP under the Public Private Partnership PPP Act governed by Infrastructure Concession Regulatory Commission ICRC regarding the Nigeria Air was now completed 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 NewsSourceCredit NAN
Nigeria Air: FG selects Ethiopian Airlines as preferred bidder

Federal Government

The Federal Government has selected Ethiopian Airlines (ET) Consortium as preferred bidder for Nigeria Air.

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Minister of Aviation

The Minister of Aviation, Sen. Hadi Sirika made this known during a media briefing on Friday in Abuja.

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According to him, ET scored 89 per cent out of 100 as regards the technical bid and 15 out 20 as regards financial bid.

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Request for Proposal

Sirika explained that the Request for Proposal (RFP) under the Public-Private Partnership (PPP) Act, governed by Infrastructure Concession Regulatory Commission(ICRC) regarding the Nigeria Air was now completed.

Ethiopian Airlines

“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.

Nigerian Sovereign Fund

“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.

Full Business Case

“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.

Nigeria Air

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.

Abuja Airport

“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.

Operations Control Centre

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

NewsSourceCredit: NAN

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