Nigeria begins process to exit ‘risk status’ for aircraft dry-lease

Nigeria begins process to exit ‘risk status’ for aircraft dry-lease

 Local firms lack capacity for airplane insurance-Okonkwo Rising jet fuel, Forex scarcities hamper aviation-United Nigeria Airlines The Federal Government may have begun the process to remove Nigeria from the ‘country risk’ status that has made aircraft dry lease impossible for airline operators. As a result, the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has met with the international lobby group to expunge the country from the black book which locked the country out…

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