Ethiopian Airlines has admitted asking the Federal Government of Nigeria for 15 years tax moratorium, among other incentives, for it to partner on the botched national carrier project, Nigeria Air. The airline argued that its request was a normal practice in international investment negotiations, insisting that it had not violated any known law in the country or elsewhere. More details: The 37-page document obtained by Nairametrics with the suit number FHC/L/CS/2159/2022 was sworn to by the Country Manager of Ethiopian Airlines in Nigeria, Mr Wondwossen Beyene. The 2nd defendant did request tax incentives/concessions for the proposed fledging Nigerian airline, amongst other incentives, which is a normal international practice in international investment negotiations, and not against the law. The back story: Nairametrics had earlier reported that in its Commercial and Strategic Plan with the Federal Government on the new national carrier, Ethiopian Airlines requested 15 years tax moratorium from the Nigerian Government.

Source: Ethiopian News January 09, 2023 06:16 UTC