• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Aviation

Nigeria Air: Why Nigeria does not need a national carrier – Allen Onyema

William Ukpe by William Ukpe
June 14, 2023
in Aviation, Hospitality & Travel, Sectors
Allen Ifechukwu Onyema
Share on FacebookShare on TwitterShare on Linkedin
  • Allen Onyema, the CEO of Air Peace, stated that Nigeria does not need a national carrier but rather an improved business atmosphere to attract private investment in the aviation sector.
  • Onyema criticized the bidding process for Nigeria Air, calling it “shrouded in secrecy,” and emphasized the importance of transparency and ease of doing business.
  • He highlighted that countries nowadays focus on flag carriers and that the priority should be on improving the climate for private investors rather than pursuing a national carrier.

Air Peace CEO, Allen Onyema, has emphasized that Nigeria does not require a national carrier, but rather an enhanced business environment to attract investment in the aviation sector.

Speaking during an interview with Arise TV, Onyema responded to allegations made by former Aviation Minister, Hadi Sirika, and expressed concerns about the lack of transparency surrounding the bidding process for Nigeria Air. According to Onyema, improving the business climate and removing obstacles would be more beneficial than pursuing a national carrier model.

He added that the entire bidding process for Nigeria Air was “ shrouded in secrecy.”

RelatedStories

Air Peace accuses Sirika of lies over failed national carrier project

Air Peace cancels all flights amid NIMET strike, cites safety concerns 

April 23, 2025
Air Peace

Air Peace slashes Nigeria-London airfare by N600,000 

March 19, 2025

National Carrier

Onyema insisted that contrary to what the Minister has been saying about Nigeria Air and the importance of a national carrier, countries don’t go that route anymore, adding that it is a drain and that  those who are in it are running out of it, he added:

  • “The phrase ” government ownership”, what countries do these days are flag carriers, like British Airways, countries don’t do that anymore, why should Nigeria be going backward instead of forwards, all they needed was improve the climate for doing business so that private investors invest in the aviation space.
  • “We( local airlines) are not fighting for ourselves or afraid of competition, nobody is afraid of national carriers because they will fall and fail.”

Improve Business Climate

He added that what the airline operators need is an improved climate of doing business, noting that the process to apply was shrouded in secrecy, he said:

  • “What we are saying is improve ease of doing business, remove challenges stunting the environment, and they did not do it.”

The bidding process for Nigeria Air 

According to him, the process of applying to become a shareholder in Nigeria Air lacked transparency and offered no means of application. He stated,

  • “Nigerian Air made statements, and we opposed it because we knew the whole thing was shrouded in secrecy. We were instructed to apply, but upon visiting the website, we were astonished to find that there was no provision for applying anywhere.
  • “On the day he( Hadi Sirika) announced the National carrier, he said the NSIA is part of it, Ethiopia getting 49%, within hours NSIA told him to withdraw that statement,
  • “SAHCO even came out to say they were not part of it, even after they were said to be investors
  • “Those of us in AON, that went to court, 5 airlines stood up and went to court and put their name on the suit, including Max Air, Azman, Air Peace, and United Nigeria.”

Backstory

Recall Hadi Sirika in an interview on Sunday stated that the federal government released only N3 billion for the Nigeria Air project in the last 7 years

Sirika, who disclosed this while clearing the air on the controversial project during a live programme on Arise TV on Sunday, said the N3 billion had not been fully expended before he left the office on May 29. According to him, the total money budgeted for the project since 2018 was N5 billion, out of which N3 billion had been disbursed.

This is even as he declared that the country did not pay a dime for the Chartered Ethiopian Aircraft showcased a few days before the end of President Muhammadu Buhari’s administration. He said Ethiopian Airlines

  •  “From 2016 to 2023, all of the money voted and budgeted for Nigeria Air is N5 billion. But all that was released was in the neighborhood of N3 billion, not N85 billion, and not all of the N3 billion has been expended as of the time I left office. What has been done with the money is nothing but to get special advisory services, the AOC processes, salaries, consultive services, and the maintenance of the office in Abuja. 
  • “No contract was awarded by Hadi Sirika, these are the things the money was used for. And there is the Freedom of Information Act, people can apply and get all the information about what the money has been used for. The N85 billion being mentioned is only in the imagination of the people carrying it about.” 

 


Follow us for Breaking News and Market Intelligence.
Tags: Air PeaceAllen Onyema
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Air Peace accuses Sirika of lies over failed national carrier project
Aviation

Air Peace cancels all flights amid NIMET strike, cites safety concerns 

April 23, 2025
Air Peace
Aviation

Air Peace slashes Nigeria-London airfare by N600,000 

March 19, 2025
Air Peace accuses Sirika of lies over failed national carrier project
Aviation

Air Peace to reschedule flights after bird strikes ground 3 aircraft 

February 28, 2025
Air Peace
Aviation

Air Peace compensates 220 passengers for flight issues in November 2024 

January 27, 2025
Air Peace accuses Sirika of lies over failed national carrier project
Aviation

Air Peace cancels flights to six cities due to unscheduled maintenance

January 16, 2025
Transforming Nigeria’s Transportation Sector: Major Milestones and Challenges in 2024
Aviation

Transforming Nigeria’s Transportation Sector: Major Milestones and Challenges in 2024

January 2, 2025
Next Post
Oil tanker owners are avoiding Nigeria due to backdated taxes running into millions of dollars 

Oil tanker owners are avoiding Nigeria due to backdated taxes running into millions of dollars 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Zenth Bank
Emple
first bank
Zenth Bank









DUNS

Recent News

  • Nigeria to build digital bridges, targets taking MSMEs across African market borders – Kashim Shettima
  • NIMC under fire over N28,574 DOB correction fee — Data Privacy lawyer cites legal breach 
  • Anchoria Asset Management holds 4th Annual General Meeting, reports strong financial performance and strategic progress 

Follow us on social media:

Recent News

Presidency debunks claims of VP Shettima being barred from Aso Villa, labels reports “deliberate orchestration of falsehood” 

Nigeria to build digital bridges, targets taking MSMEs across African market borders – Kashim Shettima

May 12, 2025
NIMC, NIN,

NIMC under fire over N28,574 DOB correction fee — Data Privacy lawyer cites legal breach 

May 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics