The Federal Government has ruled out direct funding for a new national airline, stating it will instead welcome proposals from both private and public sector players, locally and internationally.
Minister of Aviation and Aerospace Development, Festus Keyamo, made this known via a post on his official X (formerly Twitter) account on Saturday, clarifying the government’s stance amid growing interest in the future of a national carrier.
“The FG will not invest a dime in establishing a National Carrier, but is always open to proposals from private or public entities, both in and out of the country that truly benefit Nigeria and Nigerians,” Keyamo said.
The minister stressed that the current administration’s focus is on policy development and creating a business-friendly environment for existing Nigerian airlines to grow and thrive, rather than direct financial involvement.
This position follows the controversy surrounding the now-defunct Nigeria Air project, introduced by the previous administration. The project faced backlash over transparency concerns and questions about its sustainability.
Keyamo’s statement signals a shift in strategy under the Tinubu-led government, aligning with broader reforms aimed at reducing public expenditure and encouraging private-sector-led initiatives in key sectors.
The ministry reaffirmed its commitment to supporting domestic carriers through regulatory reforms and strategic partnerships that enhance capacity, safety, and international competitiveness.