The Cable reports that the Asset Management Corporation of Nigeria (AMCON) recently took over control of Arik Air, Nigeria’s leading airline in order, we are told, to protect their anxious creditors, prevent a catastrophic shutdown of services to the public and preserve the jobs of their long-suffering employees. Arik, has debts of over 300 Billion Naira and needs the immediate ...
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Tag Archives: Arik Air
What You Should Know About Ikeja (1)
Ikeja is one of Nigeria’s 774 Local Government Areas (LGAs) lying on the geographical coordinates of 6° 35′ 48″ N, 3° 20′ 35″ E. This article reveals some facts about this long-standing capital of Lagos state you probably never knew. Historically, Ikeja consists of 78 communities and the earliest settlers in Ikeja and its environs were Aworis who migrated from Ota-an Awori town in ...
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