The Federal High Court in Lagos has paused the court sale of Nigeria Air to Ethiopia Airlines.
This was decided on Monday in a significant ruling.
According to reports, Justice Ambrose Lewis-Allagoa declared the transaction invalid and legally ineffective, effectively blocking the Federal Government’s plan to establish the national carrier, Nigeria Air.
This decision came in response to a lawsuit filed by the Registered Trustees of the Airline Operators of Nigeria and five other entities in the aviation sector.
Justice Lewis-Allagoa’s ruling addressed the plaintiffs’ grievances, including the alleged exclusion and flawed bidding processes related to the Nigeria Air project.
While the court granted most of the plaintiffs’ requested remedies, it did not approve their claim for N2 billion in damages.
Damages were sought for the perceived harm caused by their exclusion from the project and the irregularities in the bidding process.
This legal intervention puts the future of Nigeria Air on hold, pending further judicial review and potential adjustments to the project’s execution.
More details later………