Top Stories

Nigeria Air ₦2.6B Investigation: EFCC Quizzes Ethiopian Airlines CEO

In the ongoing investigation into the ₦2.6 billion spent on the failed Nigeria Air project, the Economic and Financial Crimes Commission (EFCC) has recently interrogated top officials of Ethiopian Airlines, including their Group Chief Executive Officer, Mesfin Tasew.

During the session, Ethiopian Airlines claimed that the Nigerian Ministry of Aviation owed them $211,000.

 

Advertisement

Tasew detailed how the terms of the partnership, established during the tenure of former Minister Hadi Sirika, were not upheld, leading to a breach of contract.

“The Nigerian government lost interest in partnering with a foreign airline due to how the project was managed by the ministry,” Tasew was quoted as saying by an EFCC source who spoke with The Nation.

Advertisement

He said, “As part of our investigation, we want to find out how about N2.6 billion was allegedly spent on the botched Air.

“So far, we were able to uncover N1,326,731,470.97 allegedly spent on a Consultancy contract for Nigeria Air. This is already an issue before a court.

Advertisement

“In the course of findings, our operatives also discovered that the Ministry of Aviation was indebted to Ethiopian Airlines.

“Some officials of Ethiopian Airlines were in the country for interaction. We debriefed them and they explained the details of the Nigeria Air project.

Advertisement

“They confirmed that the implementation of the agreement was faulty because the Ministry of Aviation did not keep to the terms.

“They also said the ministry owed the airlines about $211,000. We have been inviting some past and present officials on the nature of the debts.

Advertisement

“Our operatives are digging deeper.”

Sirika, his daughter, son-in-law- inlaw and a firm, Al Buraq Global Investment Limited, are being prosecuted by the EFCC over corrupt practices involving about N2.7 billion.

Advertisement
citynews

Recent Posts

Rapper Meek Mill disowns Diddy after years of association

Rapper Meek Mill has distanced himself from embattled colleague, Sean Diddy. A fan had bumped…

23 minutes ago

Canadian Immigration Minister says “no automatic pathway from study permits to permanent residency”

Canadian Immigration Minister Marc Miller recently addressed concerns about immigration policies, particularly regarding international students.…

26 minutes ago

Drama As ‘Baltasar Engonga’ was cornered and fl0gged by husbands of the women he sl3eps with(video)

A man dubbed Zimbabwe’s own "Baltasar" faced violent retribution from a group of enraged husbands…

34 minutes ago

Roma re-appoint Claudio Ranieri for third time as new head coach

Italian football club, Roma have re-appointed Claudio Ranieri as their head coach for a third…

39 minutes ago

AFCONQ 2025: Nigeria’s Super Eagles fail to beat Benin Republic in Abidjan

Nigeria’s Super Eagles on Thursday failed to beat Benin Republic in their 2025 Africa Cup…

43 minutes ago

Eight Governorship Candidates Declare Support For Aiyedatiwa 48 Hours To Ondo Election

Eight governorship candidates of various political parties have declared support for the Ondo State Governor, Lucky…

46 minutes ago