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EXCLUSIVE: Nigerian Assets Corporation, AMCON Under Alhaji Kuru Flouts Aviation Regulation, Court Order; Plans To Start New Airline December 1 With 'Wet Leased Aircraft'

There is controversy surrounding the taking off of NG Eagle, an airline reportedly set up by the Asset Management Corporation of Nigeria (AMCON), SaharaReporters has gathered. SaharaReporters learnt that the airline had wet leased two Airbus aircrafts to start commercial operations on December 1, 2023. This is however against the Nigerian aviation regulations which states that a commercial airline cannot start up with wet leased aircrafts but with Nigerian registered (5N) aircraft. ....

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Truck crash spills logs, closes Beltway's Inner Loop

SkyTeam 11 is over the Beltway at Interstate 70, where a crash spilled logs, closing the Inner Loop in Woodlawn. ....

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Kuru: AMCON Always Ready to Resolve Issues with Arik Air Owners

Kuru: AMCON Always Ready to Resolve Issues with Arik Air Owners
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Where the guy who set up Arik got it wrong, though he had a good idea – Kuru, AMCON boss -

In this interview, Ahmed Kuru, the Managing Director of Asset Management Corporation of Nigeria (AMCON), speaks on the fate of embattled airlines, among several others, ahead of AMCON’s 2025 sunset deadline. ....

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AMCON CEO: Litigation stalling recovery efforts, 73% of top debtors in courts

AMCON CEO: Litigation stalling recovery efforts, 73% of top debtors in courts,From all indications, the Asset Management Corporation of Nigeria may still have a ....

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