Aviation stakeholders have submitted that the Minister of Aviation and Aerospace Development, Festus Keyamo, miscalculated by grounding Arik Air over a $2.5 million debt, noting that the Asset Management Company of Nigeria (AMCON) has an interest in the acquisition of assets of the airline.
Aviation stakeholders have submitted that the Minister of Aviation and Aerospace Development, Festus Keyamo , miscalculated by grounding Arik Air over a $2.5 million debt, noting that the Asset Management Company of Nigeria has an interest in the acquisition of assets of the airline. Aviation stakeholders have submitted that the Minister of Aviation and Aerospace Development, Festus Keyamo , miscalculated by grounding Arik Air over a $2.
The stakeholders wondered how AMCON allowed the matter to go all the way to the Supreme Court and while the judgment debtor only applied to have these assets attached recently and not as part of the judgment against Arik. However, another top commentator said the minister committed a “real blunder,” insisting “it goes against everything he has been preaching about developing the dry lease space in Nigeria.”
Aviation stakeholders have submitted that the Minister of Aviation and Aerospace Development, Festus Keyamo, miscalculated by grounding Arik Air over a $2.5 million debt, noting that the Asset Management Company of Nigeria has an interest in the acquisition of assets of the airline. Multiple consignments of illicit drugs concealed in tins of Cerelac baby food and clothes going to the United States and the United Kingdom have been intercepted by operatives of the National Drug Law Enforcement Agency at the Murtala Muhammed International Airport and a courier firm in Lagos.
The management of Jesenem Iron and Steel Ltd has petitioned Lagos State Governor Babajide Sanwo-Olu and Inspector General of Police Kayode Egbetokun over alleged unlawful demolition of its property, intimidation, and threat to life by some officials of the Lagos State government.
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