The Asset Management Corporation of Nigeria has insisted that it will recover all the debt owed by a Nigerian carrier, Arik Air. AMCON, which is currently managing the airline in receivers, stated that the corporation is not unaware of the false claims that the owner of the airline, Johnson Arumem-Ikhide, has been paddling against it

Punch Newspapers

AMCON vows to recover Arik Air’s N455bn debt

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LAGOS – Asset Management Corporation of Nigeria (AMCON), has revealed that the total debts of Sir Johnson Arumem-Ikhide, the owner of Arik Air to it is still over N455, 171, 764, 772.80 as of December 31, 2024. AMCON said that the debts included that of Arik Air, Rockson Engineering and Ojemai Farms. AMCON also said […]

Independent Newspapers Nigeria

AMCON Debt Recovery: Arumemi-Ikhide, Companies Still Owe Us Over N455bn – AMCON – Independent Newspaper Nigeria

Tribune Online AMCON puts Arik Airline’s debt at over N455bn The back and forth between the Asset Management Corporation of Nigeria (AMCON) and Arik Air, one of the airlines in receivership to the government debt recovery agency is becoming messier following the no-hold-back information released about the troubled airline by the agency on Friday in Lagos. Addressing the media on the state of indebtedness of […] AMCON puts Arik Airline’s debt at …

Tribune Online

AMCON puts Arik Airline's debt at over N455bn

The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the N227 billion debt owed by Arik Air, as the agency intensifies efforts to liquidate the airline.   The post AMCON vows to recover N227 billion debt from Arik Air amid liquidation plans  appeared first on Nairametrics.

Nairametrics

AMCON vows to recover N227 billion debt from Arik Air amid liquidation plans

The Asset Management Corporation of Nigeria (AMCON) says it is determined to recover N227 billion debt from Arik Air. The The post AMCON vows to recover N227bn from Arik Air appeared first on National Accord Newspaper.

National Accord Newspaper

AMCON vows to recover N227bn from Arik Air — National Accord Newspaper

The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the N227 billion debt owed by Arik Air as the agency intensifies efforts to liquidate the airline. This was disclosed by AMCON’s Head of Corporate Communications, Mr. Jude Nwauzor, during a session with aviation correspondents in Lagos on Friday. Despite several attempts to revive Arik Air, the airline’s financial situation has continued to worsen, le…

News Central - Latest Africa News

AMCON Vows to Recover N227 Billion Debt from Arik Air Despite Liquidation Plans

Facts have emerged that the total debts of Sir Johnson Arumem-Ikhide, the owner of Arik Air is still indebted to the Asset Management Corporation of Nigeria (AMCON) a whopping N455, 171, 764, 772.80 as of December 31, 2024, the debt recovery agency has said. AMCON also said that its intervention...

Global Upfront Newspapers

Arik Air Debt Recovery: Sir Johnson, Arik, Rockson And Ojemai Still Owe AMCON Over N455 Billion - Global Upfront Newspapers

The Assets Management Corporation of Nigeria (AMCON) has given an account of the aircraft in the fleet of Arik Air, eight years after its takeover, even as it stated that Arik Air is owing the corporation N227,637,469,394.34 billion. This is in addition to other debts owned by the airline’s founder, Sir Johnson Arumemi-Ikhide, who is also the promoter of Rockson Nigeria Limited (a power infrastructure company), Ojeimai Farms Limited, and Ojemai …

Daily Trust

AMCON gives account of Arik’s 30 aircraft 8 years after takeover - Daily Trust

nigerianewspapers.net

AMCON gives account of Arik’s 30 aircraft 8 years after takeover

January 17, (THEWILL) – The Asset Management Corporation of Nigeria has reaffirmed its resolve to recover the N227.64 billion debt owed by Arik Air Limited (in receivership), emphasizing its commitment to optimal recovery from the aviation company and its stakeholders. Jude Nwauzor, AMCON’s Head of Corporate Communications, disclosed this during an interaction with aviation journalists

AMCON vows to recover Arik Air’s N455bn debt

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