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HomeNewsArik, FAAN, NAMA get two- week to settle debt crisis Share 6

Arik, FAAN, NAMA get two- week to settle debt crisis Share 6

The Federal Government has given Federal Airports Authority of Nigeria (FAAN), Nigerian Airspace Management Agency (NAMA) and Arik Air two weeks to resolve all issues relating to the alleged N12.5 billion indebtedness.

The Minister of State for Aviation, Hadi Sirika also charged concerned parties to report back to him after two weeks, a resolution on amounts owed, payment plans and the way forward.

A statement issued by the Deputy Director of Press of the ministry, James Odaudu, said the minister gave the order during a meeting with management of Arik Air in Abuja.

Commenting on the indebtedness, the minister said: “the issue of alleged indebtedness by Arik Air which has led to disagreement with some trade unions within the regulatory agencies is highly regrettable.

“The government will not condone lawlessness within the industry. All airline operators must conform to industry rules and regulations which includes payment of applicable fees and fines as at when due”.

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The minister noted that the well-being of an airline is measured by its ability to pay for services rendered to it.

He added: “The goal of the present government is to develop an aviation industry that is founded on the principles of safety and security of not only the regulators and airline operators, but also passengers and their luggage, while also putting in place polices that would encourage the growth of domestic airlines.”

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