The House of Representatives on Wednesday directed authorities of Nigeria Civil Aviation Authority (NCAA) to halt ongoing plans to issue Air Operators’ Certificate (AOC) to the Nigeria Eagle Airline being midwifed by the Asset Management Company of Nigeria (AMCON).
Chairman, House Committee on Aviation, Hon. Nnolim Nnaji issued the notice during an investigative hearing held in Abuja which was attended by the Association of Nigerian Aviation Professionals (ANAP) and the Federal Airports Authority of Nigeria, (FAAN) branch of the National Union of Pensioners, (NUP).
According to the petitioners, AMCON has acquired Arik Air properties and decided to change its name to Nigeria Eagle Airline to evade payment of the monumental debts owed to all the aviation agencies by Arik Air.
The petitioners further alleged that AMCON had for the past four years taken over Arik Air on receivership due to its insolvency.
Representatives of the petitioners further alleged that AMCON has changed the livery on Arik Air Aircraft to Nigeria Eagle Airline which showed that it has fully acquired Arik Air assets but wanted to abdicate its liabilities through the change of name.
While addressing the Committee, ANAP and NUP who solicited for the House intervention stressed the need to restrict NCAA from issuing AOC to Nigeria Eagle Airline with a view to avoid a repeat of what happened in the case of Bellview Airlines which transformed to First Nation Airways and the aviation agencies ended up losing billions of naira owed by the defunct Bellview Airlines.
To this end, the Committee resolved to investigate the alleged plan by AMCON to float Nigeria Eagle Airline with Arik assets to ascertain the true situation and ensure that the aspect of the liabilities is duly resolved.
In his remarks, Hon. Nnaji said: “if truly AMCON is taking over the assets of Arik Air and handing them over to another legal entity the aspect of liabilities must be addressed so that public funds are not lost.
“You cannot acquire assets and leave liabilities, it is not done. We are not going to allow it because apart from the Arik’s indebtedness to the agencies, the 25 per cent statutory remittances of the agencies to the Consolidated Accounts is there too.”
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