Ethiopian Airlines admits 15-year tax moratorium demand

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Ethiopian Airlines admits 15-year tax moratorium demand
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Ethiopian Airlines has disclosed that it negotiated for a 15-year tax moratorium and other incentives from the Federal Government during the botched national carrier project, the Nigeria Air deal.

Ethiopian Airlines, however, in its defence, said that it was not aware the Nigeria Air project was under a Public Private Partnership scheme, insisting it was absolute.

The carrier argued that the Federal Government had agreed to sell 95 per cent of the shares, retaining only 5 per cent. The PUNCH had reported that the AON and five others in the aviation industry in their suit against the defendants, Nigeria Air Limited, Ethiopian Airlines, Senator Hadi Sirika and the Attorney-General of the Federation stated that Ethiopian Airlines in its Commercial and Strategic Plan with the Federal Government on the new national carrier, requested 15 years tax moratorium from the Nigerian Government.

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