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Old 17th Jun 2010, 23:31
  #73 (permalink)  
NaijaNinja
 
Join Date: Jul 2007
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Nationalisation

Word from the grapevine is that Arik might change ownership!

Interested buyer is the Federal Government of Nigeria, yes, Arik might be nationalised!

In my own opinion, it seemed a matter of time before such a thing happened, judging by the strict belief of the rumour mill that the funds for Arik came from a certain oil rich state in Nigeria.

My question is that shouldn't it be a certain State Government chasing the ownership, why FGN? Possible answer to this question is linked to the recent announcement of a ₦500bn injection into the aviation sector.

Enough said!
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