Aviation: Nigeria Accused of Using Arik’s Take over as Ruse to Set up National Carrier

Nigeria Accused of Using Arik’s Take over as Ruse to Set up National Carrier The Association of Concerned Aviation Professionals (ACAP) has expressed alarm at the brazen takeover of Arik Air by the Asset Management Corporation of Nigeria (AMCON) on behalf of the federal government, describing the foremost local carrier as a private concern, which accounts for over 60 per […]

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African: UBA , Jimoh Ibrahim disagree over Alleged diversion of aviation funds

There was a mild drama at the ongoing investigation of alleged diversion of N500 billion intervention funds for aviation and power sectors in the Senate Wednesday. Chairman of NICON Group of Companies, Mr. Jimoh Ibrahim, flatly denied allegation of diversion of N35 billion out of the N500 billion said to have been released by the Central Bank of Nigeria (CBN) […]

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