{"id":15817,"date":"2022-09-24T19:04:51","date_gmt":"2022-09-24T19:04:51","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopian-selected-preferred-bidder-for-nigeria-air-owns-49-of-natl-carrier"},"modified":"2022-09-24T19:21:18","modified_gmt":"2022-09-24T19:21:18","slug":"ethiopian-selected-preferred-bidder-for-nigeria-air-owns-49-of-natl-carrier","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/ethiopian-selected-preferred-bidder-for-nigeria-air-owns-49-of-natl-carrier","title":{"rendered":"Ethiopian Selected Preferred Bidder for Nigeria Air, Owns 49% of Nat\u2019l Carrier"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ethiopia. <\/strong><\/span>Ethiopian Airlines (ET) consortium has been selected as the preferred bidder for Nigeria Air, owning 49 percent of the national carrier, according to the Nigerian newspaper \u201cThe Cable\u201d.<\/p>\n<p>Aviation Minister Hadi Sirika said during a media briefing on Friday in Abuja that ET scored 89 percent out of 100 in the technical bidding process and 15 out of 20 as regards financial bids.<\/p>\n<p>\u201cAfter a careful, detailed and ICRC governed selection process, Ethiopian Airlines (ET) Consortium has been selected as the preferred bidder, offering an owner consortium of 3 Nigerian investors.<\/p>\n<p>\u201cThe Nigerian investors are MRS, SAHCO and the Nigerian Sovereign Fund (46%), FGN owning 5% and ET 49%. The consortium has been subject to a due diligence process.<\/p>\n<p>\u201cThe contract will be negotiated between consortium and FGN, leading to a full business case (FBC) which will be expected to be approved by the federal executive council (FEC). We expect this process to take 6-8 weeks,\u201d the paper quoted the minister.<\/p>\n<p>The aviation minister said the national carrier would launch with three Boeing 737-800s in a configuration very suitable for the Nigerian market.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ethiopia\">Ethiopia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ethiopia. Ethiopian Airlines (ET) consortium has been selected as the preferred bidder for Nigeria Air, owning 49 percent of the national carrier, according to the Nigerian newspaper \u201cThe Cable\u201d. Aviation Minister Hadi Sirika said during a media briefing on Friday in Abuja that ET scored 89 percent out of 100 in the technical [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":15816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[233,277,235,261],"class_list":["post-15817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-africa-press","tag-africa-press-ethiopia-2","tag-ethiopia","tag-ethiopian-airlines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ethiopian Selected Preferred Bidder for Nigeria Air, Owns 49% of Nat\u2019l Carrier - Ethiopia<\/title>\n<meta name=\"description\" content=\"Ethiopian Airlines (ET) consortium has been 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