Home News Nigeria Air Deal Collapse: Ethiopian Airlines CEO Cites Political Interference
News

Nigeria Air Deal Collapse: Ethiopian Airlines CEO Cites Political Interference

Share
Nigeria Air Deal Collapse: Ethiopian Airlines CEO Cites Political Interference | Daily Report Nigeria
Share

Mesfin Tasew, the Chief Executive Officer (CEO) of Ethiopian Airlines, has attributed the failed establishment of a national carrier in Nigeria to political interference.

Ethiopian Airlines had intended to collaborate with the Nigerian government to create a profitable airline, but the process was hindered by local airlines’ politicization of the partnership.

The proposed partnership, initiated during President Buhari’s administration and led by former aviation minister Hadi Sirika, aimed to launch Nigeria Air.

However, the current aviation minister, Festus Keyamo, had announced that the deal would not benefit Nigeria.

READ ALSO: BBNaija Star Khloe Alleges N32 Million Theft by Airline

In an interview with Bloomberg, Tasew stated that Ethiopian Airlines has abandoned plans to assist Nigeria in establishing a national carrier due to the politicization of the project.

He insisted that their intention was to provide expertise and experience to create a reliable and profitable airline, but Nigerian airlines opposed the idea, fearing it would harm their business.

Keyamo had also cited unfair agreements that would create a monopoly for Ethiopian Airlines.

Meanwhile, the Federal High Court in Lagos had declared the sale of Nigerian Air Ltd to Ethiopian Airlines null and void, ordering that the proposed national carrier’s establishment be halted.

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Reps Retain 7.5% VAT Rate, Reject Proposed Increase | Daily Report Nigeria
News

Reps Retain 7.5% VAT Rate, Reject Proposed Increase

The House of Representatives has adopted a 7.5% Value Added Tax (VAT)...

JUST IN: Reps Approves President Tinubu's Tax Reform Bills | Daily Report Nigeria
BusinessNews

JUST IN: Reps Approves President Tinubu’s Tax Reform Bills

The House of Representatives has approved four tax reform bills transmitted by...

How Otedola, Dangote Paid $761m to Buy 2 Refineries – Obasanjo
News

Obasanjo Slams Tinubu Administration Over ‘Wasteful’ Projects

Former President Olusegun Obasanjo has criticized the N15.6tn Lagos-Calabar Coastal highway project....

lassa fever
News

Lassa Fever: FG Tracks 357 Suspected Patients After UK Returnee’s Death

NCDC is tracking 357 persons for possible Lassa fever infection. This follows...