Air Peace Boss Says 15 Aircraft Grounded Abroad, CBN Withholding Firm’s $14 Million

State Correspondent 

The Chairman of Air Peace, Allen Onyema, has lamented the poor business environment in Nigeria as he revealed that the company’s 15 aircraft are grounded abroad while CBN is withholding its $14 million. He decried the difficulty of doing business in Nigeria and said the country’s policies kill businesses

Onyema, disclosed that the company spent about N78 billion on maintenance, and the funds went to foreign firms. Onyema revealed that the airline has about $14 million stranded with the Central Bank of Nigeria (CBN), and about 15 aircraft are grounded abroad.

He stated these during his address at the Annual Conference of the Nigerian Bar Association held in Abuja.

(Legit Ng)