The government explained that the next phase would be the placement of request for qualification (RFQ) in local and international media.
“$250 million approximately is to be raised to start up the airline by private investors,” the document stated.
There are six projects listed in the roadmap including the establishment of a national carrier to replace the defunct Nigeria Airways; the Maintenance, Repair and Overhaul (MRO) facility; the Airport Concession; the Aviation Leasing Company (ALC), the establishment of Aerotropolis, among others.
The proposed national carrier christened the Nigeria Air was unveiled in July 2018 in Farnborough, the United Kingdom without any aircraft flying until the project was suspended indefinitely.