The Federal Government is considering the option of seizing and liquidating the assets of Dana Air to compensate stranded passengers and travel agents, according to Aviation and Aerospace Development Minister Festus Keyamo.
Keyamo disclosed the possibility on Tuesday while addressing concerns surrounding the airline’s recent suspension. He said the government had to act after receiving what he described as “serious and unacceptable” safety reports that placed passengers at risk.
He noted that beyond the safety issues, the Ministry is also concerned about the large number of passengers and travel agents whose funds remain trapped with the airline. He said the Nigerian Civil Aviation Authority (NCAA) has been directed to carry out a full investigation to determine why the refunds have not been made.
Keyamo added that if the probe confirms financial irresponsibility or mismanagement, the government will not hesitate to take over and sell the airline’s assets to ensure passengers are repaid.
The minister stressed that passenger welfare, safety, and industry transparency remain top priorities as the aviation sector undergoes further reforms.
