The Federal Government has committed to providing increased support to local airline operators, aiming to create a more conducive environment for their operations. Minister of Aviation and Aerospace, Mr. Festus Keyamo, highlighted these initiatives during a ministerial news briefing on President Bola Tinubu's sectoral update.
Keyamo announced that the government would assist local airlines in competing with international carriers by facilitating aircraft acquisition through more cost-effective dry lease agreements and by reviewing Bilateral Air Service Agreements (BASA) to favor local operators. Additionally, the government plans to promote eco-friendly practices in the aviation sector, aligning with the International Civil Aviation Organisation’s (ICAO) net-zero carbon emissions goal.
The minister also revealed that the Federal Government is in advanced discussions with global investors to establish a Maintenance, Repair, and Overhaul (MRO) Centre via a Public-Private Partnership (PPP). Furthermore, Keyamo noted that the longstanding land dispute delaying the construction of Abuja's second runway had been resolved, allowing construction to resume after a year-long hiatus.
Keyamo stated that relocating international airlines to Lagos's new terminal and reopening the airport’s second runway has significantly improved operational efficiency. He also mentioned successful negotiations with the UK to end the monopoly on the UK-Nigeria route, granting Air Peace reciprocal operating rights, which has led to lower international airfares for Nigerian travelers.
Additionally, the Minister highlighted the activation of the "United States-Nigeria Open Skies Air Transport Agreement," which enhances connectivity and trade between the two countries. Diplomatic efforts have also facilitated the resumption of Emirates flights, strengthening air travel connectivity between Nigeria and the UAE. Finally, there are plans to develop a master plan for the nation’s major airports, transforming them into key hubs and metropolises.
