The Bola Ahmed Tinubu Administration has been advised not to delve into doing any direct business at all be it power supply,oil and gas,communications,aviation and many more.

The admonition came from the President of Aviation Round Table (ART)Dr.Gabriel Gbenga Olowo in Lagos in his message to the new Administration.

“Given that Nigerian nation desires national carrier and the unending  accusations and counter accusations on how and how not to proceed, including court injunction, labor crisis, etc, my recommended solution for the new government is to completely STAY CLEAR of doing any direct business at all, be it in power supply , oil & gas, communications, aviation, etc.”

Olowo said,instead,Government should drive the solution through private sector stakeholders. “.

In his view titled:”National Carrier unending debate – Advice to the new Government” noted that the 20 or more licensed Airline operators in Nigeria today should form  2 to 3 strong Alliances and or merge to form the flag carriers

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Each Alliance,he stated,must parade aircraft fleet size of 50 each either through Direct leases, Acquisitions, Alliances, etc.

“ The 3 Carriers will in total be parading 150 Aircrafts to equate one ethiopian airline ( ET) (the largest airline in Africa) who today operate 144 modern Aircraft to more than 150 domestic and international destinations across five continents.”

“ Large Operational Fleet and not Share Capital is the necessary and sufficient condition for good on time performance (OTP) of airlines.”

Thereafter,according to Olowo ensure all” BASAs are reviewed  for competitive reciprocity with full government backing to the 3 Flag carriers who will reciprocate to ALL the destinations being currently operated by Foreign airlines only”.

“Banking regulators made Merger happen successfully in the banking sector ( with some surgical pain,) and today we can boast of strong and competitive banking sector.”

“ Aviation regulators (the NCAA)  must do same in the circumstance.”

“ Needless emphasizing the advantage of 3 reliable Nigerian flag carriers in terms of economic tariffs, efficient passenger experience,  curb brain drain, reduced foreign airline home remittances, reduce unemployment, etc.”