Just In: Arik operated without essential equipment, owed N375bn – AMCON

by Azeez Adeniyi The Asset Management Corporation of Nigeria (AMCON) has said Arik Air was indebted to the tune of N375 billion naira in local debt before it took over the airline. Addressing a press conference in Lagos on Wednesday, AMCON spokesperson, Jude Nwauzor said the airline was operating without adequate equipment. [Read Also: Arik... Read More