The Federal Government of Nigeria, through its Ministry of Aviation, has issued a Request for Proposal (RFP) for the establishment of a National Carrier.

The RFP is in compliance with the Infrastructure Concession Regulatory Commission (ICRC) Act, 2005.

This is in keeping to the promise made by the government and reiterated by the Acting Director General of the ICRC, Mr Michael Ohiani, that Nigeria Air will fly before the end of the current administration of President Muhammadu Buhari in 2023.

The proposed shareholding structure allows a maximum of 49% to foreign investors, minimum of 46% to Nigerian investors and 5% non-interactive shares to be retained by the Federal Government as a prerequisite stipulated by international laws for the establishment of a National Carrier.