Skip to content
July 26, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Alleged N12.5 billion Debt: Aviation Workers Shutdown Arik Air
  • National News

Alleged N12.5 billion Debt: Aviation Workers Shutdown Arik Air

Admin April 21, 2016

arikPassengers on Arik Air were stranded Wednesday at different airports across the country as Aviation unions halted operations of the airline over an alleged debt of N12.5 billion owed the  Federal Airports Authority of Nigeria (FAAN).

The shutdown was effected after year-long negotiations failed. But Arik claims the debt is unsubstantiated.

Arik Air has confirmed the development. In a press statement issued by its management, the airline said the action by the workers’ union is connected with the long-standing and unsubstantiated claim by FAAN of high indebtedness to the agency which is now before a Federal High Court in Lagos at the instance of FAAN.

Arik said this is not the first time that FAAN workers’ unions would be taking the laws into their hands by disrupting its operations. The statement said that the airline is compelled to suspend all domestic operations for today, and this will remain in force until the unfortunate situation is resolved.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Boko Haram Now Gives Loans to Recruit Members – Army
Next NLC Backs EFCC in Anti-Corruption War, Magu Says Corruption Fighting Back

Related Stories

Oborevwori congratulates new NBA President, two Deltans on election into National Exco
  • National News

Oborevwori congratulates new NBA President, two Deltans on election into National Exco

July 25, 2026
Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229 federal capital territory
  • National News

Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229

July 25, 2026
Director says cholera claims 13 lives, 534 treated in Borno LGA federal capital territory
  • National News

Director says cholera claims 13 lives, 534 treated in Borno LGA

July 24, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Nigeria’s $2bn renewable energy investment yields only 76,000 jobs, says REA, demands local capacity development
  • Business & Economy

Nigeria’s $2bn renewable energy investment yields only 76,000 jobs, says REA, demands local capacity development

July 25, 2026
Pastor commits suicide in Akwa Ibom; police begins investigation
  • Crime and Justice

Pastor commits suicide in Akwa Ibom; police begins investigation

July 25, 2026
Varsity expels 2 students over gay acts, suspends 4 for fighting
  • Crime and Justice

Varsity expels 2 students over gay acts, suspends 4 for fighting

July 25, 2026
Oborevwori congratulates new NBA President, two Deltans on election into National Exco
  • National News

Oborevwori congratulates new NBA President, two Deltans on election into National Exco

July 25, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.