FG at cross road over Arik, as legal tussle begins
Airline may be sold as scrap There is a pall of uncertainty over what the Federal Government plans to do with Arik Air it acquired through the Assets Management Corporation of Nigeria (AMCON). Government may end up selling the firm as scrap as devaluation could set in as a result of long drawn battle that may have begun. Since the take-over of the carrier, the Federal Government is at a loss over what to do…
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