Nigeria Archives - Page 10 of 18

Developing Nigeria’s aviation local content policy with ‘Fly Nigeria Act’

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

Despite the pressure of globalization, the Nigerian Government is ensuring that businesses in Nigeria remain competitive. One key area that government is showing key interest in is the ‘Fly Nigeria Act’. The Minister of Aviation and Aerospace Development, Festus Keyamo is pushing for it, stakeholders are interested in it. Time is ticking, writes, WOLE SHADARE Local content push The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has shown serious commitment to involving huge local…

Nigerian routes: Potpourri for foreign airlines

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

Nigeria has a very mobile population which is very good for air travel business. The Nigerian route is very enticing for foreign airlines that have used the destination as a fortress for their operation. WOLE SHADARE writes that airlines are maximizing the good yield the route offers to consolidate their operation Love for air travel When it comes to air travel, Nigerians love to travel. Every Nigerian dream is to take a trip outside the shores of…

Najomo hinges Nigeria’s aviation future on transparent procurement system

Posted on February 6, 2025 by Wole Shadare

The Director-General of Nigeria Civil Aviation Authority (NCAA), Capt Chris Najomo has stated that the future of Nigeria’s aviation sector depends on the agency’s ability to implement a procurement system that is efficient, transparent, and aligned with global best practices. He stated this at a symposium on procurement processes in line with the Bureau of Public Procurement (BPP), due process and world best practices towards optimal performance held in Lagos on Thursday. The aviation sector,…

Delta invests over $1billion on free internet on Nigeria, other routes

Posted on January 22, 2025January 22, 2025 by Wole Shadare

Adds more Nollywood movies onboard Nigerian-born Director of the In-Flight Entertainment and Connectivity (IFEC) Platform at Delta Air Lines, Julian Ugochukwu Anugom who is a leading internet revolution onboard the American carrier’s over 4000 daily flights said the carrier has invested over $1 billion on its IFEC on Nigerian and other routes. While Delta offers free internet service on all its flights, many international airlines still sell their internet service, making it innovative in the…

‘Detty December’ raked over $100 m to Nigeria, signposts tourism potential, says Adebisi, Dees Travels chairman

Posted on January 21, 2025 by Wole Shadare

The Chairman of the Board of Directors of Dees Travels, Professor Sunday Adebisi, has said, that when policies are properly channelled toward tourism, Nigeria has what it takes to conveniently transform into the status of a developed country such as Dubai. Adebisi who spoke at the Dees Travel and Tours Limited Annual event in Lagos, a get-together party organized for its management, staff, stakeholders and shareholders in Lagos recently equally disclosed that ‘Detty December’ of…

Aligbe: Nigeria big enough to harness global air travel potential

Posted on January 15, 2025January 15, 2025 by Wole Shadare

The Chief Executive of Belujane Konsult, Mr Chris Aligbe, said Nigeria is big enough to have three big and formidable airlines that can be either privately owned or government-backed carriers to harness air travel potentials for the country. He noted that the country needs a national flag carrier to strengthen Lagos or Abuja as a hub, stressing that no private airlines have ever built a hub. Aligbe He cited countries in Africa like Ethiopian Airlines,…

Nigeria’s fast receding, vanishing aviation market

Posted on January 14, 2025January 14, 2025 by Wole Shadare

Robust domestic market The Nigerian domestic market is robust and has elicited wide acceptance by many as one of the biggest in Africa and unarguably the biggest in West Africa propelled majorly by a huge population. The Nigerian airline industry has witnessed a high turnover of domestic airlines since deregulation; generally, many of the local airlines have been short-lived, with many operating for a few years and then folding Two things such as fear of…

Gambia to leverage Nigeria’s population to grow travel, tourism

Posted on December 30, 2024December 30, 2024 by Wole Shadare

Gambia’s Minister of Transport, Works and Infrastructure, Ebrimah Sillah said his country is leveraging on Nigeria’s huge population and the love of travel by Nigerians to rebuild its hospitality and tourism sector. He explained that the hospitality industry in The Gambia was very strong until COVID harmed the sector as the country was badly affected and the travel sector nosedived. Sillah and Boyo He spoke to Aviation Metric during Overland’s inaugural flight to Banjul, The…

Why Nigeria’s wet lease pact remains unprofitable-Sanusi

Posted on December 10, 2024 by Wole Shadare

..Lists reasons airlines struggle The Managing Director of Aero Contractors, Capt Ado Sanusi has given the reason why wet leased aircraft are only profitable for a very short period. In a media briefing in Lagos, the airline chief explained that the profitability of a wet lease is only determined by the stability of the local currency which is the Naira in Nigeria. He however stated that the closing of different tiers of exchange rates…

IATA: Nigeria maintains clean record, owes no foreign airline

Posted on December 9, 2024December 9, 2024 by Wole Shadare

Blocked airline funds drop to $1.7b Nigeria has continued to retain its clean record by continuously missing from the infamous black book of airlines in which funds were trapped in the country. Since July, no airline has had its funds trapped in Nigeria as over $800 million of airlines’ money trapped had been paid. IATA maintain the position today stressing that nine countries account for 83 per cent of the airline industry’s blocked funds, which…

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