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Nigeria Looks for Aviation Investors

The Federal Government of Nigeria through the Ministry of Aviation is seeking to reposition Nigeria’s aviation sector, as parts of efforts towards the diversification of the economy”

The FGN is inviting interested private parties to submit proposals for the take over and further development of the National carrier, the recently launched Nigeria Air to take advantage of the opportunities of the largest market in Africa”

It stated that “private sector partners are expected to comprise of an international airline with a max of 49% of shares and Nigerian financial and Institutional investors with a minimum of 46% of shares, so that the total Nigerian shareholding will hold a minimum of 51% of the shares of Nigeria Air, which includes a 5% non interactive FGN share as required by international laws for a National carrier.”

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Interested parties are urged to download the RFP from the www.nigerianaviationpppprojects.com. Deadline to submit is  10th of May 2022, at the Federal Ministry of Aviation in Abuja.