The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, yesterday, disclosed that the Nigeria Air project unveiled by the ex-president Muhammadu Buhari-led administration remains suspended even as he described the project as fraud.
He noted that the national carrier that was supposed to be an indigenous project and was supposed to spark hope for Nigeria ns, was trailed by a lot of secrecy and fraudulent activities.
"It was an Ethiopian airline trying to fly our flag. If it is so, why not allow our local people to fly our flag? Why bring a foreigner to fly our flag? "Guess what? Air cargo trade accounts for 35 per cent of the world trade deficit and air cargo trade according to the International Air Transport Association, IATA attracts about $6 trillion annually and we're missing you know, within that sector we were missing in many routes around the world and we have achieved that," he said.
"We had to work closely with all of the ministers in the financial sector and by our persistence we are happy to announce that we have cleared all the trapped funds."
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