In spite of its failure to begin operations since 2015, the Federal Government is planning to spend N400 million as working capital on its proposed national carrier.
President Muhammadu Buhari disclosed this in the 2022 Appropriation Bill he presented to the joint session of the National Assembly, last Thursday. 
In the bill, the Federal Ministry of Aviation provided a budget of N400 million as working capital for the national carrier, describing it as an ongoing project.
The Tide recalls that since 2018 when the Federal Government unveiled the branding and livery for the proposed airline, named Nigeria Air, the project has remained a subject of continuous debate.
In July 2018, the Federal Government had unveiled the branding and livery for the new airline, Nigeria Air.
Minister of Aviation, Hadi Sirika, while unveiling the carrier at a press conference during the Farnborough Air Show in London in 2018, had said that the national carrier would be inaugurated at the end of that year.  
“I am very pleased to tell you that we are finally on track to launching a new national flag carrier for our country, Nigeria Air.
“We are all fully committed to fulfilling the campaign promise made by our President, Muhammadu Buhari in 2015. We are aiming to launch Nigeria Air by the end of this year,” the minister had stated.
He also stated that the government had obtained the Certificate of Compliance from the Nigerian Infrastructure Concession Regulatory Commission and would go into investor search.
“I am confident that we will have a well-run national flag carrier that is a global player, compliant with international safety standards and one which has the customer at its heart,” the minister had said.
But for more than three years down the line, no national carrier has been inaugurated, as against the initial plan to inaugurate the airline before the end of 2018.
Rather, the government through the aviation ministry has been saying that discussions were still ongoing for the proposed airline.
However, following the public condemnation of the continued delay by the Federal Government to establish the national carrier, Sirika, in May this year, tweeted that discussions for the project were held at the United States Embassy in Abuja. 
“The plan is still in place and the processes for the establishment are still being pursued despite the delay since it was unveiled,” an official of the Aviation Ministry assured. 
The ministry had also, in May this year, in a document on its updated status of the aviation roadmap, stated that private investors were to raise $250 million to start up the national airline.

By: Boye Salau