A former minister of education in Nigeria, Oby Ezekwesili, has predicted doom for the country’s new national carrier, the Nigeria Air. “It shall fail
A former minister of education in Nigeria, Oby Ezekwesili, has predicted doom for the country’s new national carrier, the Nigeria Air.
“It shall fail,” Mrs Ezekwesili said on Twitter, March 28, three months before the new airline was unveiled on Wednesday at the Farnborough air show in England.
“For the sake of the country, it must fail,” she tweeted through her handle @obyezeks.
Mrs Ezekwesili said establishing the new national carrier was clearly a wrong priority and a waste. And despite the critocosm that greeted her opinion, Ezekwesili reiterated her stance against the new national carrier.
“Before we once again sink scarce public resources into a wrong-headed prestige project like an airline, I am glad to stand alone on this,” she tweeted.
Mrs Ezekwesili had said in a previous tweet that Nigeria lost the benefit of its market-size comparative advantage to be West Africa’s travel hub because of policy, regulatory, and standard failures of its aviation sector.
The proposed airline is expected to gulp $8.8 million preliminary cost and $300 million as take-off cost. The Minister of State for Aviation, Hadi Sirika, said the Nigerian government is not fully funding the airline. Mr Sirika said the government opted for a Public-Private partnership to deliver a national carrier that would stand the test of time and be world class in operation and management.
He said Nigeria will receive the first set of five airplanes for the airliner on December 19 and own 30 aircraft in five years. The airline will make profit in three years after operations, the minister said.
Nigeria’s former national carrier, Nigeria Airways, was closed down after 46 years of operation. It was liquidated by former President Olusegun Obasanjo in September 2004 after it slipped into heavy indebtedness and inefficiency.
