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Court Halts FG’s Plans To Sell Nigeria Air Shares

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A Federal High Court sitting in Lagos yesterday granted an interim order restraining the Federal Government from selling the shares of Nigeria Air to Ethiopian Airlines.

Fidel Info reports that 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.

Listed as defendants in the suit are Nigeria Air, Ethiopian Airlines, Minister of Aviation, Hadi Sirika, and Attorney General of the Federation, AGF Abubakar Malami.

In the enrollment order date November 15, Justice A. Lewis-Allagoa granted an “order of interim injunction restraining the federal government from executing the proposed or draft agreement of the establishment of a national carrier between Ethiopian Airlines and Nigeria”.

 “An order of interim injunction is granted restraining the defendants either by themselves, agents, privies, principals or any other persons whosoever from executing the proposed or draft “National Carrier Establishment and Agreement Between the Federal Government of Nigeria (represented by the third and fourth defendants) and the strategic equity partner or giving effect to and or suspending the sale and transfer of the shares and operations of the first by the second defendant pending the determination of the Motion on Notice.”

“That an Order of Maintenance of Status Quo by all the parties in this suit from taking any further step(s) in relation to the subject matter of this suit pending the determination of the Motion on Notice is granted.”

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