Economy

“How Airlines’ Collapse Threatens Nigeria’s Wider Economy”

Posted on by Wole Shadare
“How Airlines’ Collapse Threatens Nigeria’s Wider Economy”

President of the Aircraft Owners and Pilots Association, Alex Nwuba, has highlighted the profound multiplier effect that aviation has on a nation’s economy, particularly in a country like Nigeria. He warned that when an airline collapses, the impact is rarely confined to the company itself; it ripples through several critical sectors. Speaking against the backdrop of the volatility in jet fuel and its implications on the fragile state of Nigerian carriers, the speaker said airline…

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Jibodu: How Nigeria can transform air cargo as economic enabler

Posted on by Wole Shadare
Jibodu: How Nigeria can transform air cargo as economic enabler

Nigeria’s e-commerce value projected to hit $18.8 billion in 2030 The Acting Chief Operating Officer and Head, Aeronautics and Cargo Services of Bi-Courtney Aviation Services Limited, Mr. Remi Jibodu, said Nigeria can transform air cargo into a true enabler of economic growth, adding that the country has all it takes to develop a national cargo logistics policy that integrates domestic air cargo into other multimodal transport. He equally noted that for cargo to be an…

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‘Single window initiative aligns with FG’s $1 trillion economy’

Posted on by Wole Shadare
‘Single window initiative aligns with FG’s $1 trillion economy’

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has urged stakeholders to embrace the Single Window Initiative.  This vision she said aligns with the Federal Government’s goal of expanding the national economy to $1 trillion.   Speaking at the sidelines of the National Single Window Stakeholders’ Forum in Lagos, she emphasized the initiative’s role in enhancing trade facilitation and positioning Nigeria as a global economic powerhouse.   Kuku highlighted the Single…

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Aviation holds potential for economic transformation, says DG NCAA

Posted on by Wole Shadare
Aviation holds potential for economic transformation, says DG NCAA

The Acting Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Chris Najomo said Nigeria’s aviation sector holds great potential for driving economic transformation, connecting communities, and promoting regional integration.  The benefits of these efforts he said are already evident with the country’s improved ranking on the Aviation Working Group’s Cape Town Convention Compliance Index which he said is a testament to the progress.  He noted that the aviation regulatory body would ensure the…

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