Nigeria has unveiled the name and logo of the country's new national airline, which is scheduled to begin flying in December.

In tweets Wednesday, the Nigerian government said that it would own no more than 5% of the new Nigeria Air.

"This will be a national carrier that is private sector led and driven," a government tweet reads. "It is a business, not a social service. Government will not be involved in running it or deciding who runs it."

Nigeria Air has identified 81 viable international and domestic routes. The airline will be aided by new terminals in Abuja and Lagos, each of which will increase annual capacity at their respective airports by 11 million passengers. Nigeria is currently negotiating with Boeing and Airbus on aircraft orders. 

The announcement via Twitter coincided with a more formal announcement Wednesday by Nigeria aviation minister Hadi Sirika at the Farnborough Airshow in England. 

Africa's largest country with a population of 190 million, according to the CIA's World Factbook, Nigeria has no major airline. 

Arik Air, its largest carrier, has been racked by financial problems in recent years and now only flies within West Africa. State-owned Nigeria Airways operated for 45 years before closing in 2003. A Virgin Group-backed carrier called Virgin Nigeria Airways began flying 2005 in the wake of Nigeria Airways' collapse, but after various name and ownership changes, the operation shut down in 2012 as Air Nigeria.

A potential backer of the new Nigeria Air is Ethiopian Airlines, which is Africa's most profitable carrier and one of its largest. Bloomberg reported Tuesday that Ethiopian CEO Tewolde GebreMariam was to meet with the Nigerian government about the proposal.

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