Nigeria Archives - Page 3 of 17

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

Posted on April 29, 2026April 29, 2026 by Wole Shadare

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…

Aviation fuel volatility: Nigerian carriers on life support

Posted on April 28, 2026April 28, 2026 by Wole Shadare

The Nigerian aviation industry, often described as the local economy’s barometer, is currently screaming “Mayday,” writes WOLE SHADARE What began as a turbulent climb in operational costs has rapidly devolved into a free fall, leaving domestic carriers gasping for air as the price of Jet A1—aviation fuel—skyrockets to an unprecedented N3,300 per litre. For an industry where fuel typically accounts for 40% of operational costs, this 300% surge from just N900 in February 2024 has turned…

Nigeria to deepen aviation ties with UK

Posted on April 26, 2026 by Wole Shadare

British Airways celebrates 90 years of Air service to Nigeria President Bola Ahmed Tinubu has reaffirmed Nigeria’s commitment to deepening economic relations with the United Kingdom, particularly in the aviation sector and other mutually beneficial areas. Tinubu gave the assurance when he met with a delegation from British Airways led by the British High Commissioner to Nigeria, Dr Richard Montgomery and the Commercial Officer of British Airways, Mr Colm Lacy, at the Presidential Villa,…

Thomas: Why Nigeria trails counterparts in air cargo sector

Posted on April 26, 2026 by Wole Shadare

UK‐Nigeria trade hit £8.1 billion Q4 2025 The Director of Cargo Development and Services, Lekan Thomas, said it is a striking irony that Nigeria—the continent’s economic powerhouse—lags significantly behind its peers in the air cargo sub-sector. He disclosed that while the nation ranks fifth in air cargo traffic behind Ethiopia, Kenya, South Africa, and Ghana, some recent industry data actually suggests an even more precarious position for Nigeria when factoring in the sheer dominance of…

Tinubu hails Nigeria’s 91.45 percent highest-ever aviation safety rating by ICAO

Posted on April 23, 2026April 23, 2026 by Wole Shadare

President Bola Tinubu has hailed Nigeria’s impressive 91.45 per cent aviation safety rating from the International Civil Aviation Organisation (ICAO). The ICAO is a United Nations agency that coordinates the principles and techniques of international air navigation. It fosters the planning and development of international air transport to ensure safe and orderly growth. Through the Universal Safety Oversight Audit Programme (USOAP), ICAO assesses countries to ensure they manage safety risks effectively, so that no country…

Decoding Nigeria’s 20-Year Civil Aviation Master Plan

Posted on April 22, 2026 by Wole Shadare

The Civil Aviation Master Plan (CAMP) 2025–2045 is more than a policy document; it is a twenty-year survival guide for an industry that has long struggled with inconsistency, writes WOLE SHADARE The Nigerian aviation industry stands at a critical inflexion point. Long hampered by fragmented planning and systemic inefficiencies, the sector is now transitioning toward a period of institutionalised growth. The catalyst for this change is the Civil Aviation Master Plan (CAMP) 2025–2045, a strategic mandate…

Turkish Airlines: Redefining Journey Between Nigeria and the World

Posted on April 17, 2026April 17, 2026 by Wole Shadare

For many Nigerian travellers, flying is no longer just about reaching a destination; it is about the quality of the journey itself. On its Lagos and Abuja routes, Turkish Airlines combines global connectivity via Istanbul with a service philosophy rooted in Turkish hospitality, creating a refined and thoughtfully designed travel experience. A Refined Service Approach on Nigeria Routes The OneTeam Passionately Turkish framework on Nigerian flights emphasises proactive engagement, visible presence, and thoughtful interaction. Cabin…

Aviation Evolution: Nigeria Secures 20-Year Strategic Roadmap from ICAO in Marrakech

Posted on April 14, 2026 by Wole Shadare

Nigeria reached a significant aviation milestone during the opening session of the ICAO Global Implementation Support Symposium (GISS) in Marrakech, Morocco. Nigeria, alongside 21 other nations, endorsed the Marrakech Call to Action. The Minister of Aviation and Aerospace Development, Festus Keyamo, officially received Nigeria’s Civil Aviation Master Plan (CAMP) from the International Civil Aviation Organisation (ICAO). This 20-year roadmap (2025–2045) is designed to fundamentally restructure and modernise Nigeria’s aviation sector. By adopting this plan, Nigeria moves closer to its goal…

Push to de-risk Nigerian aviation market for global investors

Posted on April 7, 2026 by Wole Shadare

The Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, which concluded In Lagos last week, the visit provided a strategic reset for the country’s aviation sector. Moving away from the high-cost model of outright aircraft purchases, it introduced a structured leasing and financing frameworks designed to de-risk the Nigerian market for global investors, writes WOLE SHADARE Orchestrated by the Minister of Aviation and Aerospace Development, Festus Keyamo, the Nigeria Aircraft Acquisition and Investment Summit (NAAIS)…

Okonjo-Iweala: Nigeria’s air connectivity index declined by 21%, lauds sector’s reforms

Posted on April 1, 2026April 1, 2026 by Wole Shadare

20% more expensive to operate within Africa than in Europe, Asia The Director-General of World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has noted that while other African hubs have surged, Nigeria’s connectivity has notably stagnated or regressed in key metrics over the last decade. Referencing data from the International Air Transport Association (IATA), long-term tracking shows a stark divide in how Nigeria connects to the world. That specific observation hits at the core of the…

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