Arik Air has expressed displeasure over the grounding of its operations by the Minister of Aviation, Festus Keyamo, without prior notice.
The action, according to them, disregarded ongoing judicial processes with serious repercussions on their passengers, employees, and the Nigerian economy.
Ilegbodu said they were perplexed by the grounding of their fleet, which he described as an overreach of the ongoing judicial processes and directives of the court, urging the authorities to lift the embargo placed on their fleets as they were committed to following the legal process, with full faith in the judiciary to resolve the matters fairly.
The statement said although they were aware that Arik Air had obtained an ex parte order stopping further execution of the order, they had not been formally served. Shop and Distributive Trade Senior Staff Association has expressed concerns over the grappling volatility of the foreign exchange market and the attendant effects on their businesses, saying that the effect is biting hard on them.
In the 2023 World Bank Logistics Performance Index, Nigeria ranked 88th out of 140 countries, trailing behind several smaller African and landlocked countries, despite her abundant maritime resources.
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