Nigeria Archives - Aviation metric

IATA: Ten African nations, excluding Nigeria responsible for 89% of blocked funds

Posted on December 10, 2025December 10, 2025 by Wole Shadare

The International Air Transport Association (IATA) said that 10 countries across Africa, the Middle East, and South Asia account for 89% of the total blocked funds, totalling $1.08 billion. Nigeria’s name was removed from the list after the Nigerian government repatriated over $700 million in trapped funds last year, restoring the country’s reputation in the global aviation industry. The clearing house for more than 300 global airlines said that $1.2 billion in airline funds are…

Over 75% wet-leased airplanes operating in Nigeria

Posted on December 7, 2025December 8, 2025 by Wole Shadare

• CTC gains may take five years, says Aero MD, Capt Sanusi • Laments huge capital flight • Dry-lease deal not retroactive-Aligbe For years, the sleek, modern jets that crisscrossed the nation’s major cities were often just fleeting shadows, wearing the livery of a local carrier but flown, maintained, and insured by a foreign lessor. This expensive arrangement, known as a wet lease (Aircraft, Crew, Maintenance, and Insurance – ACMI), became the default, not by…

Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

Posted on December 2, 2025 by Wole Shadare

• Minister unveils gains of Nigeria’s first int’l airshow The Federal Government has signed agreements with aircraft giant, Boeing and Cranfield University to establish state-of-the-art aircraft maintenance facility otherwise known as aircraft Maintenance Repair Overhaul (MRO) saying it would help in reducing the $200 million annual capital flight for aircraft overseas. The government disclosed that Aero Contractors and XEJet are leading this transformation with new hubs in Lagos and Abuja. President Bola Tinubu who was…

Inside High-Stakes Nigeria’s First International Airshow

Posted on December 2, 2025December 2, 2025 by Wole Shadare

Far from a mere spectacle of aerial acrobatics, the Nigerian international airshow is a high-stakes, multi-billion-dollar global marketplace, a diplomatic arena, and the engine room of the future of flight, writes WOLE SHADARE Historically, while Nigeria has a strong aviation sector dating back 100 years (celebrating a century of aviation in 2025), it has not hosted a major, internationally recognised International Air Show on the scale of events like Dubai, Farnborough, or Paris—until very recently….

Why Nigeria recorded over 160 airline collapses since deregulation- Minister

Posted on December 2, 2025December 2, 2025 by Wole Shadare

..Says carriers hampered by infrastructure challenges The Minister of Aviation and Aerospace Development, Festus Keyamo, said the deregulation of the airline industry in the mid-1980s and early 1990s led to many people entering the industry without much experience. The opening of the floodgates, he said, also saw to the collapse of so many early carriers, adding that the failure of airline owners during that period, which led to high airline mortality, forced many Nigerian carriers…

Kuku: How Nigeria’s cargo ecosystem can meet international standards

Posted on November 30, 2025 by Wole Shadare

Cargo, critical economic driver, says Nwuba Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, said the country is ready to become the vibrant core of the continent’s cargo network — a strategic gateway linking high-value goods, pharmaceuticals, and fresh produce to global markets. She described this not as a distant aspiration but as a future already being built through decisive reforms and partnerships. She urged stakeholders to actively contribute to…

Arik Air set to exhibit at the maiden Nigeria International Airshow

Posted on November 27, 2025November 27, 2025 by Wole Shadare

Nigerian carrier Arik Air has finalised plans to be among the key exhibitors at the inaugural Nigeria International Airshow, scheduled to take place from December 2 – 4, 2025, in Abuja. The Nigeria International Airshow, an initiative of the Federal Ministry of Aviation and Aerospace Development, is designed to position aviation as a significant catalyst for economic growth across Africa. The event will bring together commercial and business aviation operators, Original Equipment Manufacturers (OEMs), regional…

Aeropolitics: Nigeria will not be caught off guard-Minister

Posted on November 26, 2025November 26, 2025 by Wole Shadare

Why Nigerian carriers can’t compete-Demuren The Minister of Aviation and Aerospace Development, Festus Keyamo, said Nigeria would not be caught off guard by other nations using politics to prevent the country’s airlines from reciprocating the Bilateral Air Services Agreement (BASA) it has with them. Keyamo Consequently, the government, he said, has resolved to continue playing international aviation politics, otherwise known as “Aeropolitics,” to ensure that indigenous airlines sustain the gains already made, even as they…

Nigeria’s aviation contribution to GDP hits $2.5 billion-AFCAC scribe

Posted on November 25, 2025November 25, 2025 by Wole Shadare

How Nigeria can tap into SAATM potential The Secretary-General of the African Civil Aviation Commission (AFCAC), Ms Adefunke Adeyemi, said that the Single African Air Transport Market (SAATM) is a strategic roadmap to transform Nigeria into Africa’s aviation powerhouse. This came as Nigeria saw its aviation’s contribution to the country’s Gross Domestic Product (GDP) increase to $2.5 billion this year from $1.7 billion. She also stated that Nigeria should focus on the vast opportunities…

200,000 annual traffic on Nigeria-Accra route attraction for country’s airlines

Posted on November 18, 2025November 18, 2025 by Wole Shadare

How to get Nigeria’s empty airports viable-IATA Experts seek investment in route development Nigerian airlines have justified the decision to use Accra as its launch pad for both regional and international airline operations, citing a vast number of seats on the Lagos-Accra route. The Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, yesterday at the FAAN National Aviation Conference in Lagos, with the theme, “Elevating the Nigerian Aviation Industry Through Investment and Global Engagements”,…

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