Business
Court Bars F.G’s Proposed Sale Of Nigeria Air’s Shares To Ethiopia Airlines
A federal high court in Lagos has prohibited the federal government from selling the shares of Nigeria Air to Ethiopian Airlines.
The temporary injunction was given in a suit marked FHC/L/CS/2159/2022 and filed by registered trustees of the Airline Operators in Nigeria (AON), Azman Air Services Limited, Air Peace Limited, Max Air Limited, United Nigeria Airline Company Limited, and Topbrass Aviation Limited, the plaintiffs.
The suit has Nigeria Air, Ethiopian Airlines, Hadi Sirika, minister of aviation, and Abubakar Malami, attorney-general of the federation (AGF), as the first to fourth defendants.
In the enrollment order dated November 15 and seen by TheCable, A. Lewis-Allagoa, the judge, said the government, represented by the aviation minister, and the AGF should not proceed on an “establishment agreement” until the substantive matter of the suit is heard and determined.
While asking all the parties in the suit to maintain “status quo”, the judge ordered an accelerated hearing of the case.
