Sale Of Nigeria Air To Ethiopian Airlines Declared Null And Void By Court
Sale Of Nigeria Air To Ethiopian Airlines Declared Null And Void By Court
A Federal High Court in Lagos has annulled the sale of a 49 percent equity stake in Nigeria Air to Ethiopian Airlines. On Monday, August 5, Judge Ambrose Lewis-Allagoa ruled that the sale, executed by the administration of former President Muhammadu Buhari, was null and void after reviewing the case……. CONTINUE READING
The court also ordered the suspension of the federal government’s plans to establish Nigeria Air as a national carrier.
DAILY POST reports that the case was brought by the registered trustees of the Airline Operators of Nigeria (AON) along with five other aviation industry stakeholders against the Federal Government. The stakeholders include Air Peace Limited, Azman Air Services Limited, Max Air Limited, Topbrass Aviation Limited, and United Nigeria Airlines Company Limited.
The defendants in the case include Nigeria Air Limited, Ethiopian Airlines, former Aviation Minister Hadi Sirika, and former Attorney General of the Federation Abubakar Malami. The plaintiffs sought to annul both the bidding and selection process for Nigeria Air and the decision to select Ethiopian Airlines as a partner.
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