{"id":56050,"date":"2017-02-09T19:16:22","date_gmt":"2017-02-09T18:16:22","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=56050"},"modified":"2017-02-09T19:16:22","modified_gmt":"2017-02-09T18:16:22","slug":"fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/","title":{"rendered":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi"},"content":{"rendered":"<p>The Assets Management Corporation of Nigeria (AMCON) <span class=\"aBn\" tabindex=\"0\" data-term=\"goog_820020880\"><span class=\"aQJ\">on Thursday<\/span><\/span> said it<br \/>\nhas taken over the operations of Nigeria\u2019s largest domestic carrier, Arik<br \/>\nAir.<br \/>\nMr Jude Nwauzor, AMCON spokesperson, confirmed the development to newsmen<br \/>\nin Lagos.<\/p>\n<p>Nwauzor said the airline would now be managed by Capt. Roy Ilegbodu, an<br \/>\naviation expert under the receivership of Mr Oluseye Opasanya (SAN).<\/p>\n<p>He said the government decided to intervene because Arik Air is immersed<br \/>\nin heavy debt burden that is threatening to ground its operations.<\/p>\n<p>\u201cFor some time now, the airline, which carries about 55 per cent of the<br \/>\nload in the country, has been going through difficult times that are<br \/>\nattributable to its bad corporate governance and erratic operational<br \/>\nchallenges.<\/p>\n<p>\u201cOthers are inability to pay staff salaries and heavy debt burden among<br \/>\nother issues, which led to the call for authorities in the country to<br \/>\nintervene before the airline goes under like many before it,\u2019\u2019 he said.<\/p>\n<p>Nwauzor said the move underscores government\u2019s decision to instil sanity<br \/>\nin the nation\u2019s aviation sector.<\/p>\n<p>According to him, the development will afford the airline to go back to<br \/>\nregular and undisrupted operations, avoid job losses, protect investors<br \/>\nand stakeholder funds as well as ensure safety and stability in the<br \/>\nalready challenged aviation sector.<\/p>\n<p>Also, the Minister of State for Aviation, Sen. Hadi Sirika, in another<br \/>\nstatement obtained by NAN further explained the rationale behind the<br \/>\nintervention of the government in the troubled airline.<\/p>\n<p>Sirika said: \u201cWe believe that this takeover is timely and will stabilise<br \/>\nthe operations of the airline.<\/p>\n<p>\u201cThis will enhance the long term economic value of Arik Air and revitalise<br \/>\nthe airline\u2019s ailing operations as well as sustain safety standards, in<br \/>\nview of the airline\u2019s pivotal role in the Nigerian aviation sector,\u2019\u2019 he<br \/>\nsaid.<\/p>\n<p>The minister further pledged that the Federal Ministry of Aviation would<br \/>\nsupport the new management of the airline.<\/p>\n<p>According to him, all necessary steps have been taken to ensure that there<br \/>\nwill be no undue disruption of the airline\u2019s regular business operations<br \/>\nor activities of stakeholders, on account of the recent changes in its<br \/>\nleadership.<\/p>\n<p>However, Ilegbodu assured both staff of the troubled airline and all other<br \/>\nstakeholders that his appointment at Arik would among other objectives<br \/>\nenhance the value of the airline.<\/p>\n<p>He said it would also improve customer experience, and sustain the safety,<br \/>\nreliability of the airline before all those values were eroded.<\/p>\n<p>\u201cAs a matter of fact, Arik Air has been in a precarious situation largely<br \/>\nattributable to its heavy financial debt burden, bad corporate governance,<br \/>\nerratic operational challenges and other issues.<\/p>\n<p>\u201cThis required immediate intervention in order to guarantee the continued<br \/>\nsurvival of the Airline.<\/p>\n<p>\u201cYesterday, Arik temporarily suspended its flight operations to the John<br \/>\nF. Kennedy International Airport, New York, United States, claiming that<br \/>\nthe two Airbus A330-200 aircraft dedicated to the route have been taken to<br \/>\nFrance for C check at the same time.<\/p>\n<p>\u201cEqually more than eight aircraft are currently grounded at the tarmac<br \/>\nmaking it difficult to meet their routine commercial flights,\u2019\u2019 Ilegbodu<br \/>\nsaid.<\/p>\n<p>The operatives of the Economic and Financial Crimes Commission (EFCC) also<br \/>\n<span class=\"aBn\" tabindex=\"0\" data-term=\"goog_820020881\"><span class=\"aQJ\">on Wednesday<\/span><\/span> stormed the airline\u2019s office at the Murtala Muhammed Airport,<br \/>\nLagos and also grilled its Chairman, Mr Joseph Arumemi-Ikhedi for several<br \/>\nhours.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Assets Management Corporation of Nigeria (AMCON) on Thursday said it has taken over the operations of Nigeria\u2019s largest domestic carrier, Arik Air. Mr Jude Nwauzor, AMCON spokesperson, confirmed the&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":56051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-56050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Assets Management Corporation of Nigeria (AMCON) on Thursday said it has taken over the operations of Nigeria\u2019s largest domestic carrier, Arik Air. Mr Jude Nwauzor, AMCON spokesperson, confirmed the&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-09T18:16:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"697\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi\",\"datePublished\":\"2017-02-09T18:16:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\"},\"wordCount\":556,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg\",\"articleSection\":[\"Exclusive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\",\"name\":\"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg\",\"datePublished\":\"2017-02-09T18:16:22+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg\",\"width\":1024,\"height\":697},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/","og_locale":"en_US","og_type":"article","og_title":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News","og_description":"The Assets Management Corporation of Nigeria (AMCON) on Thursday said it has taken over the operations of Nigeria\u2019s largest domestic carrier, Arik Air. Mr Jude Nwauzor, AMCON spokesperson, confirmed the&hellip;","og_url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/","og_site_name":"Pointblank News","article_published_time":"2017-02-09T18:16:22+00:00","og_image":[{"width":1024,"height":697,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi","datePublished":"2017-02-09T18:16:22+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/"},"wordCount":556,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg","articleSection":["Exclusive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/","url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/","name":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg","datePublished":"2017-02-09T18:16:22+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2017\/02\/Arik-Air-1024x697.jpg","width":1024,"height":697},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-takes-arik-air-appoints-new-md-efcc-arrests-arumemi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"FG Takes Over Arik Air, Appoints New MD As EFCC Arrests Arumemi"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/56050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=56050"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/56050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/56051"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=56050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=56050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=56050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}