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AIB to stem N550 million annual capital flight, constructs training school in Abuja

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In a bid to curb capital flight occasioned by the training of its technical workers, the Accident Investigation Bureau (AIB) is constructing a training school in Abuja where its investigators and foreigners would be trained.
Commissioner/CEO AIB, Akin Olateru is however worried about the situation that costs the agency $1 million (N550 million) every year to train its technical personnel in reputation training institutions overseas.
Olateru further stated that in order to curb capital flight out of the country through training of its personnel, it is constructing a training school in Abuja where its investigators and foreigners would be trained.
According to him, AIB-N expends about $1 million (about N550 million) on the training technical personnel annually, maintaining that the construction of the training school would reduce such spending.
He disclosed that the project was about 90 percent complete and hoped to commission the facility in the third quarter of this year.
“This is going to be the first of its kind in Africa with support from Cranfield University, United Kingdom, Singapore Transport Safety Investigation Bureau and the Nigerian College of Aviation Technology (NCAT), Zaria.
“This institution will serve as a source of internally generated revenue for AIB with an enabling study environment, a four-star accommodation of 30 hotel rooms, training rooms and an auditorium of 250-capacity”.
He emphasised that through the quality safety recommendations on serious incidents and accidents in the sector, AIB-N had helped to contribute to the safety record in the sector in recent years, maintaining that the aviation industry in Nigeria could be compared to any other developed one in the world.
He said: “Since 2016 till date, as a country had only one fatal accident. The sector is one of the best in the world in Nigeria. The safer airspace is due to the implementation of safety recommendations released by AIB-N.
“We have grown to the position where we help nations to set up their accident bureaus. France just signed a Memorandum of Understanding (MoU) with us. This will enable us to help the francophone countries in Africa in accident investigation. AIB has the first accredited laboratory in Africa today.”
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