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

Each Nigerian Paid Nearly ₦19,000 to Electricity DisCos in December 2025

On average, each electricity consumer in Nigeria contributed about ₦18,860 to distribution companies (DisCos) in December 2025, the Nigerian Electricity Regulatory Commission (NERC) reported Friday. DisCos billed ₦258.66 billion of the ₦309.65 billion worth of electricity supplied, achieving a billing efficiency of
John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

Nigerian Stock Market Valuation Rises By N119bn

The Nigerian Exchange (NGX), also known as the stock market, recorded a N119.03 billion gain on Friday, March 6, after the market valuation of the bourse increased to N126.43 trillion, from the N126.31 trillion reported on Thursday, March 5. At the end

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of
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

5 Ways To Identify Fake Palm Oil

Rush For Palm Oil Stocks Creates New Trillion-naira Firms, Bumper Gains

The palm oil sector recorded a historical period in 2025,
Tinubu's Tax: Presidency Orders Ministry of Justice To Collaborate With NASS On Tax Reform Bills

Senate Approves Tinubu’s $2.2bn Loan Request

Loan to Address Budget Deficit Sparks Debate The Nigerian Senate