The Federal Government has suspended the proposed new National Carrier, Nigeria Air.
The Minister of State for Aviation, Hadi Serika, made the announcement on Wednesday through his Twitter handle.
He, however, gave no reason for the decision.
The Federal Government’s decision to suspend a new national carrier follows its unveiling two months ago.
During its unveiling on July 18, the minister said the national carrier will be private sector driven and not a “social service”.
According to him, the Federal Government will not own more than 5% (maximum) of the new National Carrier.
Serika explained that the airline will create economic and job opportunities.
Critics and industry experts raised concerns over the project when it was launched in July, with many suggesting that Nigeria cannot afford it at this time.
Among the critics was former education minister, Oby Ezekwesili, who argued that the process was not completely transparent.
But the Nigerian government dismissed all concerns raised, saying the airline would begin operation before the end of 2018. During electioneering in 2015, President Muhammadu Buhari promised to establish a national airline.