Skip to content
Ova News NG

Ova News NG

Ova News feed Aggr. V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • WATCH
  • Home
  • NEWS
  • Only N3bn, Not N100bn Was Released For Air Nigeria Project – Sirika
  • NEWS

Only N3bn, Not N100bn Was Released For Air Nigeria Project – Sirika

ovanews 1 year ago 3 min read
Share:

A former Aviation Minister, Hadi Sirika, has dismissed allegations circulating in some quarters that the Air Nigeria project, conceptualised during ex-President Muhammadu Buhari’s administration, was a scam. Sirika insisted that the initiative was born out of genuine intentions to revitalize Nigeria’s aviation sector.

Speaking on Channels Television’s Morning Brief on Tuesday, Sirika addressed the controversy surrounding the project’s funding and execution, emphasizing that the government followed all due processes.

“I had no intention to speak about my time in office for now; I intend to bring up a book on that later,” Sirika revealed. “But it is important to clarify some misconceptions.”

According to Sirika, Air Nigeria was structured as a Public-Private partnership regulated by the Infrastructure Concessioning Regulatory Commission (ICRC), which provided certificates and actively participated in overseeing the project’s processes.

He strongly refuted claims that N100bn was disbursed and subsequently lost to corruption or mismanagement. “It is a lie that I spent N100bn and it is lost in the process,” he said. “The total budget for the national carrier was N5bn; out of that, only N3bn was released, and I left the ministry with over N1bn unspent.”

The Nigeria Air project was officially launched towards the end of Buhari’s administration, aiming to restore the country’s presence in the global aviation industry through a government-backed national carrier.

Since leaving office in 2023, Sirika has been embroiled in legal proceedings over allegations of corruption and abuse of office.

The Economic and Financial Crimes Commission (EFCC) accused him of awarding multi-billion naira contracts to companies owned by family members, including his daughter, Fatima Sirika, and son-in-law, Jalal Hammaby.

Specifically, Sirika faces allegations of splitting a federal aviation contract worth N2.7bn to bypass regulatory approvals, awarding portions of the contract to family-controlled companies.

The EFCC also alleged that the company owned by his daughter and son-in-law, Al Buraq Global Investment Limited, received N1.3bn for an aviation contract that was never executed.

When asked about his recent visit to the Presidential Villa and whether it was intended to seek a “soft landing” amid ongoing trials, Sirika maintained that the case is still pending in court and it would be improper to comment on it publicly.

“The purpose of the meeting was to officially pay our condolences to the President, who has done extremely well following the demise of our leader, President Muhammadu Buhari,” he said. “It was also to appreciate him for his efforts and to assure him of our party’s continued support, as he remains our leader.”

Sirika added, “Unfortunately, this matter is in the court of law, and it is not appropriate to subject it to press commentary. I am a very clean man and have worked with many people throughout my career. The government has every instrument at its disposal to ascertain my character.”

Only N3bn, Not N100bn Was Released For Air Nigeria Project – Sirika is first published on The Whistler Newspaper

Share:

Related:

  • Ogun 2027: YPP, BOOT deny withdrawing suit against Adeola
    Ogun 2027: YPP, BOOT deny…
    NEWS
  • BBNaija ex-housemates Abi, Araga reflect on life, lessons, relationships in House
    BBNaija ex-housemates Abi,…
    ENTERTAINMENT
  • Ed Sheeran returns to stage after Palestinian controversy
    Ed Sheeran returns to stage…
    ENTERTAINMENT
  • Nigeria should price domestic crude at production cost, says Donald Duke
    Nigeria should price domestic…
    NEWS
  • Anambra auto makers hail FG local vehicle policy
    Anambra auto makers hail FG…
    NEWS

Post navigation

Previous Transfer: Chelsea announce deal for Dyer
Next Putin Rejects Trump’s Allegation Of Conspiracy With Xi, Kim

Recent

NCAA demands compensation for Air Peace passengers after disruption

NCAA demands compensation for Air Peace passengers after disruption

5,792 civil servants sit FCSC promotion exam

5,792 civil servants sit FCSC promotion exam

FG enrols 8,552 passport applicants in UK, US, Canada, Qatar

FG enrols 8,552 passport applicants in UK, US, Canada, Qatar

Plateau attacks: Tinubu’s N1bn, Mutfwang’s N500m reach 1,579 victims

Plateau attacks: Tinubu’s N1bn, Mutfwang’s N500m reach 1,579 victims

Lagos alerts residents over adulterated palm oil

Lagos alerts residents over adulterated palm oil

National Theatre residency will prove Africa can host global music events — Davido

National Theatre residency will prove Africa can host global music events — Davido

SECTIONS

  • ENTERTAINMENT
  • FOOTBALL
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES ⚽ ⚽ ⚽

Hey There!!., Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • About
  • Terms of Use
  • Privacy Policy

Connect with Us

  • News Media Partners
  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved. | Magnitude by AF themes.
pixel