Hurried launch of the Nigeria Air project on the last day of Muhammadu Buhari-led administration smirks of fraud, violation of court orders, and should not go unpunished. All those involved in the executive stunt and conspiracy against the State should account for bringing the country to ridicule – at least to serve as deterrence for other office holders aiming to run a national project like a private enterprise.
Recall that the former president, Muhammadu Buhari, in 2015 promised to give Nigeria a new national carrier to replace the defunct Nigeria Airways. But unlike the previous national carrier that was 100 per owned by the government and at the beck and call of public officers, the new project was designed for private investors, with the Federal Government owning only five per cent stake.
In the case of Nigeria Air, the public could see a white elephant project loading from day one, and with no appeal to any serious investors. First, it was unilaterally christened Nigeria Air by Sirika, and unveiled at London Airshow of 2018 without any prior mention in Nigeria. Except for the Infrastructure Concession Regulatory Commission that approved the Outline Business Case and Federal Executive Council that gave a blanket nod of approval, only Sirika knew where the project was headed.
The unveiling in Abuja was also a violation of court orders and disrespect for the law of the land. A Federal High Court sitting in Lagos and another in Abuja had ordered status quo ante pending the determination of the case filed by the Airline Operators of Nigeria against the emergence of Nigeria Air run by Ethiopian Airlines – the dominant competitor on the African continent.
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria’s Public debt hits N49 trillion | The Guardian Nigeria News - Nigeria and World NewsThe Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars).
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Gov. Radda promises top priority on agriculture | The Guardian Nigeria News - Nigeria and World NewsGov. Dikko Radda of Katsina State, has re-emphasised his administration’s determination to turn around the fortunes of farmers and the agricultural sector of the state.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Sowunmi petitions IG over alleged attack | The Guardian Nigeria News - Nigeria and World NewsA gubernational aspirant on the platform of the Peoples Democratic Party (PDP) in the 2023 election in Ogun State, Otunba Segun Sowunmi has petitioned the acting Inspector General of Police (IGP), Kayode Egbetokun, to beam his searchlight on what he termed “criminal manipulations currently threatening the state’s fragile democracy.”
Source: GuardianNigeria - 🏆 1. / 94 Read more »
‘Passion for youth development reason for handball sponsorship’ | The Guardian Nigeria News - Nigeria and World NewsChairman of Ardova Plc, Alhaji Abdulwasiu Sowami, has explained that his firm decided to continue sponsoring the Prudent Energy Handball Premier League, now rechristened Ardova Handball Premier League, because it believes such support would help the country’s youths find productive outlets for their talents.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Abubakre: Quintessential academic, administrator and mentor | The Guardian Nigeria News - Nigeria and World NewsWhen Razaq Deremi Abubakre, the first Muslim Professor of Arabic in Yorubaland, was born on January 20, 1948, in Iwo, Osun State, the humble parents would not have believed if they were told their son would become Nigeria's foremost Professor of Arabic, teacher of teachers of a global language and a strategic transformer of administration.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Police mourn former spokesman, CP Frank Odita | The Guardian Nigeria News - Nigeria and World NewsThe Inspector-General of Police, IGP Olukayode Adeolu Egbetokun and the entire police community are in mourning following the demise of one of their own and former spokesman, Frank Odita.
Source: GuardianNigeria - 🏆 1. / 94 Read more »