Blog Archives

Shuttered Arik Air Accuses Aviation Minister Of Demanding 5% Share

Officials at Arik Air, whose domestic flight operations across Nigeria were grounded earlier today, have claimed that the carrier was forced out of business for refusing to part with 5% of its corporate shares as Aviation Minister, Stella Oduah, demanded.

Today, the beleaguered airline circulated a text message accusing Ms. Oduah of vindictively fomenting crisis within the airline for denying her demand to receive a stake of 5% in Arik. The text message read, “Due to persistent hostility of the Ministry of Aviation, with a minister who is demanding a 5 percent equity in a business where she has no investment…and FAAN management, which has culminated in the use of FAAN staff to stop the airline operations and lock in checked-in passengers in Lagos this morning, Arik Air has suspended all domestic operations until further notice. This issue [borders] on personal interests and not payment of bills; since FAAN has been collecting.” Read the rest of this entry

%d bloggers like this: