The Minister of Aviation and Aerospace Development, Festus Keyamo has unveiled the roadmap for the aviation sector.
While speaking at the Seventh Aviation Africa Summit and Exhibition 2023 on Wednesday, Keyamo stated that the Federal Government is ready to upgrade the Nigerian Aviation and make it hub of Africa.
According to him, the current administration is committed to achieving its aim by mitigating challenges faced in the industry to attract foreign investors.
“The government is already looking at aircraft leasing companies, aircraft maintenance organisations, forex availability, and tax holidays to improve the aviation business in Nigeria.
This includes upgrading the CAT III landing system at major airports, construction of the second runway in Abuja, airport improvement programmes through concessions, and the government’s willingness to partner with companies to turn major airports into aerotropolis.
“The government welcomes major players in aircraft leasing and headlessors to invest in Nigeria airlines to provide state-of-the-art aircraft,” he said.
The minister further promised the government would ensure rights of all parties are protected in contractual agreements since Nigeria is a signatory to the cape town conventions, which uphold international obligations.
He also added that in making Nigeria Aviation Industry a hub in Africa, Maintenance, Repair and Overhaul (MRO) facility was a key component to consider.
