HomeBusinessAviation
Take Home From Nigeria’s Bold Statement At Airline Economic Conference In Dublin
AviationOpinion Poll
By Olusegun Koiki On Feb 2, 2025

MRO Facility
0 19
ShareFacebook
By Tunde Moshood

For years, Nigeria’s aviation sector has struggled to reclaim its lost glory, facing challenges ranging from financing constraints to aircraft leasing bottlenecks and insurance hurdles.

However, at the 2025 Airline Economic Conference held in Dublin, Republic of Ireland, between January 12th and 15th, the world witnessed a renewed and rebranded Nigeria—a nation ready to take its rightful place as Africa’s aviation hub.

At the forefront of this transformation was the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, who led a powerful delegation comprising top aviation stakeholders, industry investors, insurance practitioners, and five of Nigeria’s biggest banks. This strategic move was aimed at showcasing Nigeria’s commitment to the global aviation market, attracting investments, and reinforcing the nation’s ability to compete favourably on the international stage.

Nigeria Steps Up In Aviation Financing

A major highlight of Nigeria’s participation was the effort to position the country as a viable and credible destination for aircraft leasing and financing.

In a sector where access to competitive aircraft financing has often been a challenge, the Nigerian delegation engaged with leading aircraft lessors, insurers, and financial institutions to address long-standing concerns.

One of the major breakthroughs from the conference was the commitment from Afreximbank, which announced plans to collaborate with Nigeria on aircraft financing.

https://independent.ng/take-home-from-nigerias-bold-statement-at-the-airline-economic-conference-in-dublin/