• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Air: EFCC Invites Sirika For Questioning

by Ejike Ejike
2 years ago
in News
Sirika
Share on WhatsAppShare on FacebookShare on XTelegram
The Economic and Financial Crimes Commission (EFCC) has invited the immediate-past Minister of Aviation, Hadi Sirika, over the investigation into the Nigeria Air project.

The minister is due to appear before the commission within the week to answer questions related to the launch of the national carrier and the alleged N3billion spent on the airline project.

Advertisement

EFCC spokesperson, Wilson Uwujaren, who confirmed that there was an ongoing investigation on the Nigeria Air project, however, did not give further details.

He said, “I can confirm that there is an ongoing investigation in that regard.”

However, EFCC sources said the commission would look at the N3 billion public fund sunk into the project.

The EFCC had already questioned officials of the Nigerian Air over the recent launch of the airline in Abuja.

RELATED

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash

6 minutes ago
Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment

Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment

9 minutes ago

The sources told LEADERSHIP that, “We have already questioned some officials of Nigeria Air.

“We have invited the former Aviation Minister, Hadi Sirika. We are expecting him within the week.”

Recall that Sirika had explained on a national television few days ago that the federal government had spent less than N3billion on the Nigeria Air project so far.

The former minister, who stated this while he appeared on Arise News Channel on Sunday, said the total money budgeted for the project in the last seven years was N5billion out of which only N3 billion had so far been released.

Sirika further said the bulk of the money has been spent on consultancies, salaries and administrative costs, stating that the N85 billion figure being bandied around as purportedly spent on Nigeria Air was false and baseless.

On the total money for the establishment of the Nigeria Air, the minister said the total market capitalisation was $200 million out of which all shareholders will pay according to their shares.

He explained that Ethiopian Airlines owns 49 per cent, MRS owns 31 per cent, SAHCO owns 15 per cent while federal government of Nigeria owns five per cent.

The former minister also made it clear that no amount has been paid in cash by any shareholder as the signing of the agreement was ongoing.

On the monies spent by the federal government already, he explained that they would be used as the five per cent equity and if it spend above 5%, the federal government will get a refund.

He also said Nigeria Air won’t enjoy any special tax privileges as all the taxes other airlines are expected to pay will be the same taxes Nigeria Air will be paying.

The minister also accused the immediate-past chairman of House of Representatives Committee on Aviation, Hon. Nnaji Nnoli, of asking for five per cent shares of the Airline for him and his people.

The minister said Nnoli approached him for five per cent for him and his people (which could be fellow committee members or family members) and he told him to approach the shareholders to buy the shares from them as the federal government of Nigeria is not the owner of the airline.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Nigeria Air
SendShareTweetShare
Previous Post

Man Electrocuted While Attempting To Steal Power Cable In Kogi

Next Post

Tinubu Inaugurates Economic Council, Says No Excuse For Failure

Ejike Ejike

Ejike Ejike

You May Like

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash
News

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash

2025/06/29
Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment
News

Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment

2025/06/29
Nigeria, 7 Others Get $1.96 Million Grant To Fight Fistula Disorder
News

Why WAES Will Unlock West Africa’s Investment Opportunities – Tuggar

2025/06/29
Jobs: How Jobberman, Mastercard Fostered Int’l Efforts For Nigerian PWDs
News

Jobs: How Jobberman, Mastercard Fostered Int’l Efforts For Nigerian PWDs

2025/06/29
Dantata’s Death Monumental Loss  Nigeria — Gov Ododo 
News

Dantata’s Death Monumental Loss  Nigeria — Gov Ododo 

2025/06/29
Religious Beliefs, Myths, Others Hindering Acceptance Of Family Planning
News

Jigawa Earmarks N80m For Family Planning Services

2025/06/29
Leadership Conference advertisement

LATEST

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash

Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment

Why WAES Will Unlock West Africa’s Investment Opportunities – Tuggar

Jobs: How Jobberman, Mastercard Fostered Int’l Efforts For Nigerian PWDs

Dantata’s Death Monumental Loss  Nigeria — Gov Ododo 

Of Tax, Transition And The Promise Of Prosperity

Why Journalists Must Create Space For Real Conversations Across Divides

Shettima And The 2nd Term Brouhaha

Jigawa Earmarks N80m For Family Planning Services

APC Stakeholders Seek Power Shift To Kajuru

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.