The Ethiopian government says it hopes the partnership “will open new vistas for partnership in other areas – political and economic.”
The warning comes just a week after the Central Bank released $265 million of foreign airlines’ trapped funds.
In a statement on Monday, the airline disclosed that the operations shutdown will be effective from Wednesday July 20, 2022.
The airlines said they have been subsidising their services in the last four months, so their customers can afford the fare.
Air Nigeria will be run by a company in which the Nigerian government holds a five per cent stake, aviation minister Hadi Sirika announced.
The Nigerian leader received members of Highly Respected Igbo Greats at the State House on Friday.
The FG accuses the UAE of setting a separate protocol for Nigeria different from other West African countries.
The federal government has expressed its readiness to partner the Magnus Aircraft Manufacturing industry in Hungary to establish an assembly plant in Nigeria.
The minister said that the Special Economic Zones would help to reduce the tax burden on aviation companies to enable them to compete internationally.
Mr. Bello also spoke on the demands which the traders wanted the president to meet.
