Nigeria has been operating a public-private partnership (PPP) national airline since the defunct Nigerian Airways folded.
Briefing State House correspondents at the presidential villa, Permanent Secretary, Aviation Ministry, Binta Bello, said the President was worried about Nigeria not having a national air carrier.
She also said the President was briefed on the challenges domestic airlines were facing despite federal government’s N300 billion intervention fund designed to boost their operations.
According to her, the airlines were hugely indebted to regulatory agencies under the Aviation Ministry, including other factors that have left some of the airlines still struggling to maintain optimum operational capabilities.
Bello added that the four state-of-the-art terminals being constructed with Chinese Bank loan will be ready by first quarter of 2016.