The Federal Government has allocated N105,953,496,365 to the aviation industry in the 2025 budget submitted to the National Assembly. This represents a significant increase from the N63,317,450,275 allocated in the outgoing year. The government has also proposed to refund N4…
The recent enforcement action taken by the Nigeria Civil Aviation Authority (NCAA) against five airlines for breaching critical regulations highlights a pressing issue that has long plagued the nation’s aviation sector: the lack of accountability and the failure to protect…
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)…
By Seun Ibiyemi The Federal Government on Thursday signed the Cape Town Convention (CTC) Practice Direction. The convention was signed in a bid to reduce cost of doing business in the Nigerian aviation sector, cost of insuring airlines and to…
By Seun Ibiyemi The Federal Government has signed a Memorandum of Understanding (MoU) with aircraft manufacturer, Boeing to boost the nation’s aviation sector. This is contained in a statement signed by the Special Adviser to the Minister of Aviation and…
By Uthman Salami The Federal Government has assured Nigerians that sustainable investment efforts will be channelled into the development of the Aviation sector despite the crisis the industry is facing over the Aviation fuel crisis. While assuring sustainable investments in…
By Tobi Adetunji The growth forecast for the Nigeria Air Transport market is 174per cent in the next 20 years and if met, would have supported approximately $4.7 billion of GDP and over 555,000 jobs. This was disclosed by the…
By Tobi Adetunji The real Gross Domestic Product (GDP) growth rate of Air transport, under the Transportation and Storage sector, increased by 4.98 per cent in second-quarter 2021, from a contrast of -11.78per cent recorded in Q1 2021. The National…
