Shareholders of Arik Air Ltd. have called on the airline’s Receiver Manager, Oluseye Opasanya, to clarify the reported dismantling of a Boeing 737-700 at the domestic terminal of the Murtala Muhammed Airport in Lagos.
In a letter dated August 17, 2026, and signed by major shareholder Johnson Arumemi-Ikhide, the shareholders said they had observed what appeared to be the dismantling of an Arik aircraft.
They demanded clarification on the aircraft’s identity, ownership and security status.
The development marks the second reported incident involving the dismantling of an Arik aircraft at the Lagos airport, amid an ongoing dispute over the airline’s debts and assets under the receivership of the Asset Management Corporation of Nigeria.
The shareholders also urged Opasanya to disclose the authority and purpose behind the dismantling and clarify whether the aircraft or any of its components was connected to alleged debts owed by Arik Air to Access Bank.
The shareholders recalled that in a letter dated October 22, 2024, Opasanya had referred to an alleged debt owed to Access Bank and the bank’s security interests over Arik Air’s aircraft and engines.
They said they later requested the relevant documents supporting the claims but had yet to receive satisfactory documentation.
The letter stated, “Your letter of 22 October 2024 asserted an alleged Access Bank indebtedness and security over Arik aircraft/engines. We expressly requested in our letter of 31 December 2024 the underlying documentation, which was not supplied with your letter and has not, to our knowledge, subsequently been satisfactorily produced.”
The stakeholders added that they had informed the Receiver Manager that the matter was also under criminal investigation by a government law enforcement agency.
“We have now observed what appears to be an ongoing dismantling of an aircraft at the domestic section of Murtala Muhammed Airport,” the shareholders said.
The shareholders further requested the aircraft’s registration details, proof of ownership, information on its security status and the legal authority permitting its dismantling.
They said the exercise raised concerns about the preservation of Arik Air’s assets and the management of the airline under receivership.

