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Nigeria’s aviation minister woos global investors toward airport concession

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has urged global financiers to invest in the concession of Murtala Muhammed International Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja. The minister was speaking at the Airline Economics Growth Frontiers Global in Dublin, Ireland. Keyamo emphasised that the Federal Government has implemented streamlined policies…

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Boeing to assist local airlines on insurance cover

Boeing International Corporation says it is ready to assist airlines in Nigeria in accessing adequate aircraft insurance coverage through partnership with buoyant lessors and global financiers. Boeing Sales Director, Africa Region Commercial Airlines, Mr Moore Ibekwe, disclosed this in Dublin, Ireland during the start off meeting of the “Boeing Lessor Forum “scheduled to hold from…

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Nigeria aviation regulator moves against local, international carriers over

The Nigeria Civil Aviation Authority (NCAA) has initiated enforcement actions against five airlines, comprising two international carriers and three domestic operators, for contravening provisions of Part 19 of the NCAA Regulations. The violations include non-payment of refunds within the stipulated timeframe, failure to adhere to NCAA directives, issues with missing and manhandled luggage, short-landed baggage,…

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NAHCO eyes N300b revenue in new strategic plan

The Nigerian Aviation Handling Company (NAHCO) Plc has unveiled an ambitious plan to achieve total group revenue of N300 billion within the next five years. The projection was announced by the Group Executive Director, International Business & Corporate Services, Dr Sola Obabori, during the company’s ‘Bell Ringing and Facts Behind the Figures’ event held yesterday…

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Air Peace, Boeing, Cranfield varsity partner on safety

Nigeria carrier, Air Peace has collaborated with The Boeing Company, and Cranfield University in the United Kingdom (UK) to leverage their world-class expertise, facilities and industry partnerships of both organizations   to boost the carrier’s   safety culture. Working under the aegis of Boeing Global Learning Institute (BGLI) with “Advanced Leadership in Safety Excellence” as theme, the…

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How to achieve Nigeria’s food security

The Federal Ministry of Agriculture and Food Security has unveiled a strategy designed at reshaping the country’s wholesale markets and bolster food distribution network. This was contained in the Strategic Plan for the Development of Modern Wholesale Markets to Feed the Cities and Structure the Food Value Chain, a report that seeks to enhance food…

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How Nigeria can achieve sustainable aviation sector, by Keyamo, others

Minister of Aviation and Aerospace Development, Chief Festus Keyamo has   canvassed   innovative funding models, including concession, joint ventures, public private partnership (PPP), management contracts and other interventions that will accelerate the growth and development of the aviation sector. Besides, Keyamo also called for innovative financing models that go beyond waiting for the Federal Government to…

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‘Nigeria’s reforms will foster investor-friendly aviation sector’

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), says current reforms in the sector will ensure an efficient and investor-friendly aviation industry. Keyamo made the assertion on Wednesday in Lagos at the Nigeria Civil Aviation Authority (NCAA) South-West Regional Air Transportation Summit (SWRATS) 2024. The summit had the theme: “Repositioning the Nigerian…

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