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Anxiety As Arik Air Vows to assignment Nigerian government Over Takeover


Following the takeover of Arik Air through Federal authorities over its big indebtedness, the airline's control has vowed to degree a protest and also challenge the action.

Arik Air management has disclosed it might task the taking over of the airline by means of the assets control organization of Nigeria (AMCON) in courtroom.

Ado Sanusi, Senior vice president, Arik Air made the disclosure at a joint information convention with the newly appointed receiver supervisor, Oluseye Opasanya, and the airline’s technical consultant, Roy Ilegbodu.

The asset agency had on Thursday taken over the airline following its large indebtedness to nearby and foreign lenders.

Mr. Sanusi stated the airline were served with a valid court order empowering AMCON to take over the corporation.

“As accountable citizens, we have obeyed the court order which appointed the Olaniwun Ajayi (SAN) because the receivership supervisor.

“we are able to comply however I want to make it clean that we've got a right to task the court order.

“within the coming days, we are able to make our role regarded. It's far a court order and we can assignment it and we can undertaking it to the best courtroom of authority,” Mr. Sanusi said.

He brought that even as the legal warfare could be on one the front, the events had agreed that Arik Air would hold to run with none disruption.

In his response, Opasanya said AMCON is on a rescue challenge to re-function the embattled airline.

He stated: ”AMCON has been a creditor to Arik for sometime. It also has protection over sizeable components of the property of Arik.


“The debt of Arik to AMCON has now not been paid and big sums of money is owed. So AMCON, having consulted widely with government government, has determined to appoint me to preside over the affairs of Arik.

“So we've got come to supervise the operation, maintain the operation, improve offerings and ensure that we guide Arik with people of deep information, experience and commitment in the airline enterprise.”

in line with him, Arik performs a pivotal position inside the airline enterprise and lots of Nigerians are presently drawing their way of livelihood from the employer.

“we've got addressed the workers and the management and we want to assure different stakeholders and contributors of the public that the desire of AMCON is to preserve the airline flying.

“AMCON is willing to guide the operation of Arik and together with the authorities, paintings to fulfill the on the spot vital needs of the enterprise, “ he stated.

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