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JUST IN: Federal High Court Nullifies Nigeria Air Sale to Ethiopian Airlines
The Federal High Court in Lagos has declared the sale of Nigeria Air Limited to Ethiopian Airlines as null and void. The ruling, delivered on Monday, effectively voids the transaction between the two airlines.
Justice Ambrose Lewis-Allagoa in his judgment stopping the sale, ordered that the proposed establishment of a national carrier-Nigeria Air, by the federal government, should not be carried out.
The judge made the order while granting the reliefs sought by the plaintiffs, the Registered Trustees of the Airline Operators of Nigeria, and five others in the aviation industry.
Details shortly…..
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