Hadi Sirika, minister of aviation, says the Nigerian
Sovereign Investment Authority (NSIA) is not an investor in the Nigeria Air
project.
Sirika made the clarification in a statement issued by James
Odaudu, his special assistant on public affairs, on Saturday.
The minister had listed NSIA as part of the local investors
with stakes in the national carrier.
He said the NSIA is not part of the private equity ownership
of the airline, adding that the error was made during his media briefing.
“We wish to clarify
that the Authority (NSIA) is not part of the private equity ownership of the
airline, being a government establishment,” Sirika said.
“For the avoidance of doubt, the equity ownership structure
of Nigeria Air stands as Ethiopian Airlines 49%, Nigerian private investors
(SAHCO, MRS and other institutional investors) 46% and the Federal Government
5%.
“The public, especially the business community and the
media, should please note.”
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