President Muhammadu Buhari has assured that the establishment of a National Carrier for Nigeria is at 91 per cent completion, and is expected to commence flight operations before the end of this year.
The president gave the assurance at the 3rd Ministerial Performance Review Retreat on Monday in Abuja.
According to him, the feat is being boosted with the certification of Lagos and Abuja International Airports by the International Civil Aviation Organization, while Kano and Port Harcourt Airports are undergoing similar certification processes.
The Nigeria Air gulps N14.6billion, under 5% government’s equity share.
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On the economy, the president restated that the country had witnessed seven consecutive quarters of growth, after negative growth rates recorded in the 2nd and 3rd Quarters of 2020.
“The GDP grew by 3.54% (year-on-year) in real terms in the 2nd Quarter of 2022. This growth rate represents a sustained positive economic performance, especially for the Non-Oil GDP which fell by 4.77% in Q2 2022 against Oil GDP that grew by -11.77%.
“Most sectors of the economy recorded positive growth which reflects the effective implementation of the economic sustainability measures introduced by this Administration,” he said.