Asset Management Corporation of Nigeria (AMCON) has denied plans to
nationalise Arik Air after its takeover by the Federal Government.
The denial is contrary to claims making the rounds that the
distressed airline and Aero Contractors are set to be merged, to become
Nigeria’s new national carrier after the defunct Nigeria Airways.
AMCON reiterated that Arik was captured from its erstwhile management
to save the airline from imminent collapse and not for any ulterior
motive as currently peddled.
Recall that AMCON, a Federal Government-owned firm, last week took over management control of Arik. The largest carrier in West and Central Africa was alleged of bad corporate governance, erratic operational challenges, inability to pay staff salaries and heavy debt burden among others.
While stakeholders have expressed mixed feelings about the
development, the Association of Concerned Aviation Professionals (ACAP)
raised an alarm over the intervention, accusing AMCON of pursuing a
selfish agenda to foster the Federal Government’s desire to establish a
national carrier through subterfuge.
Secretary of ACAP, Justin Nwokolo, said his group strongly believed
that the course of action was motivated by “the pursuit of a cabal’s
selfish interest masquerading as public good with the deployment of a
ruthless propaganda machine to give it a gloss.”
Nwokolo added: “How laughable that the same AMCON hired the erstwhile
Deputy Managing Director of the same management it accused of ‘poor
corporate governance’ as new CEO of Aero Contractors on the very day it
forcibly took over the company. Who is fooling who?
“The agenda is to bring together Arik Air and Aero to form what they
call a new national carrier and bring in Ethiopian Airways as technical
partner. What a shame! We bring a smaller country like Ethiopia to run a
national carrier for Nigeria, the supposed Giant of Africa? If
government could run an airline, Nigeria Airways would not have gone
under,” he said.
But in reaction, Head of Corporate Communications, Jude Nwauzor, said
the claims were figments of some people’s imagination, as the aim of
AMCON’s intervention was to save the airline from collapse and normalise
it operations.
Nwauzor added that the new management had started with receiving
briefs from different departments, coupled with KPMG auditing the
airline.
He said: “We have hired KPMG to look into the financials of Arik with
a tooth comb and advise us with verifiable facts on what went wrong
with the airline. We need to do that because the outcome will help us
plug the loopholes and stabilise the airline. That is what we are doing
now and focused on. We have no agenda to nationalise the airline.”
Deputy Director, Press and Public Affairs, Aviation Ministry, James
Odaudu, also explained that the government only intervened in Arik in
order to save the carrier from collapse.
He added that the Minister of State for Aviation, Hadi Sirika, had
never given inkling to suggest that Arik will be converted to a national
carrier.
Odaudu said: “I have heard such claims too and they are just
speculations. The Federal Government is not planning to convert Arik Air
to a national carrier. I don’t have that information. Like the minister
has always stated, the Federal Government will establish a private
sector driven national carrier.
“As far as I know, I don’t think the government will want to start a
national carrier with an airline that is full of encumbrances like Arik
Air. Why did AMCON take over Arik Air? It is because of the problems
faced by the airline.
“We’ve heard even senior officials of the airline saying that the
Federal Government wants to take over Arik because it wants to establish
a national carrier, but to the best of my knowledge that’s not true.
The truth is that as far as government is concerned, the more healthy
airlines we have in the country, the better for us as a nation,” he
said.