Nigeria Air: Ethiopian Airlines Chairman Meets Buhari, Gives Fresh Conditions

Ethiopian Airlines chairman seeks resolution of court cases and repatriation of trapped funds due to Nigeria's foreign exchange issues.
February 20, 2023
Nigeria air

President Muhammadu Buhari on Sunday in Addis Ababa met with Girma Wake, Ethiopian Airlines Board Chairman, during which they exchanged views on how to operationalize the troubled national carrier – Nigeria Air.

The national carrier project has been in abeyance, following  series of litigation by domestic airlines challenging Federal Government’s lack of transparency in selecting foreign partners for its take-off.   Airline Operators of Nigeria (AON) had kicked against the move which they said was skewed to put domestic airlines out of business. Some government officials were also accused of corrupting the process and having undisclosed stakes in the project.

Join our WhatsApp Channel

READ ALSO: Domestic Airlines Settle Leadership Tussle, As Members Unite Against Nigeria Air, Ethiopian Airlines

But the Presidency in a statement on Monday morning said President Buhari has received assurances from the chairman of Ethiopan Airlines that once the court cases are resolved and the company’s trapped funds repatriated, the airline would rejoin the project.

Presidential aide, Shehu Garba in an early morning statement on Monday, February 20, said  Ethiopian Airlines Chairman, Wake, had requested a resolution of the legal obstacle halting Nigeria Air, in which Ethiopian Airlines has 49% stake, from commencing operations.

He also requested the repatriation of the airline funds trapped in the country over foreign exchange challenges.

On Nigeria Air, Garba shehu  disclosed that President Buhari told the Board Chairman  that it was a ‘weighty decision’ by the Nigerian government to re-launch a national carrier, expressing confidence that ‘‘things will be alright.’’

Wake , who met with President Buhari on the margins of the 36th AU Summit, said the airline has been treated very well in Nigeria since it started operations 60 years ago in the country.

‘‘Nigeria is not just a market but a hub for aviation in Africa. Nigeria is a special country and nobody travels more around the globe than Nigerians,’’ he said.

The aviation chief, who was accompanied on the visit by Mesfin Tasswe, Group Chief Executive Officer of Ethiopian Airlines and Daniel Abebe, Group Vice President Strategic Planning and Alliances, hinted that the airline had plans to expand operations in the country, with additional daily flight services to Lagos from Addis Ababa, as well as Abuja-Addis Ababa.

He said the airline and its partners are ready to commence operations on Nigeria Air as soon as all the court matters are resolved.

Uduegbunam Chukwujama
+ posts

Featured Stories

Latest from Business

Conoil Plc's Shareholders Approve N1.734 Billion Dividend Payout for 2022

Conoil Revenue Drops To N203.82bn, Profit Crashes By 87.91%

Conoil Plc’s revenue dropped by 18.18 percent to N203.82 billion between January and September 2025, from N249.13 billion in the first nine months of 2024. The company announced the decline in turnover in its unaudited financial statements for the period ended September

Unity Bank MD Tasks Youths on Savings Culture

The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to embrace a savings culture, urging them to see savings as a lifelong discipline for creating stability and financial resilience. Mr. Kolawole
Thijs Slegers Receives 8,000 New Stem Cell Donors Registeration
Previous Story

Thijs Slegers Receives 8,000 New Stem Cell Donor Registrations

FBN Holdings
Next Story

FBN Holdings Debunks Fake News, Seeks Arrests On Purported ‘N400 Billion EFCC Recovery’

Don't Miss

Tyler Perry Culpa

Tyler Perry’s ‘Mea Culpa’ Review

Set in the neon-lit world of the 1980s, “Mea Culpa”

I’m Not Desperate To Be President, But Eager For Prosperous Country – Obi

The former governor of Anambra State said he is, however,