Keyamo Visits France to secure private-sector investment in aviation industry

The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), leading a distinguished Nigerian delegation, is in France on a four-day Nigeria-France Bilateral Business Forum to bolster cooperation and attract French private sector investment to improve Nigeria’s aviation infrastructure.

Keyamo and his team showcased a detailed aviation industry roadmap to Damien Caze, the French Civil Aviation Director General, and other French aviation stakeholders in Paris highlighting discussions on enhancing infrastructure and collaborations, including aircraft financing, insurance, modernization of navigational equipment, and capacity-building initiatives, as detailed in a statement by Tunde Moshood, Keyamo’s Media Adviser.

The Nigerian delegation accompanying the Aviation Minister comprised CEOs and directors from key aviation agencies, including Mrs. Olubunmi Kuku of FAAN, Capt. Chris Najomo of NCAA, and Engr. Faruk Umar of NAMA, alongside stakeholders from Nigeria’s private aviation sector.

Adenike Aboderin, Managing Director of SAHCO, and one of the Nigerian delegates highlighted the economic potential of engaging with Nigeria’s Cargo business—similarly, Aero Contractors’ Managing Director, Capt. Ado Sanusi elaborated on the advantages of aircraft leasing and investing in Nigeria, a nation with a population of 240 million and known as Africa’s commercial hub.

French aviation stakeholders, such as PROAVIA, ASTech Paris Region, and BPI France, showed a strong interest in forming partnerships with Nigeria, recognizing its significant potential in the aviation sector. Gad Wavomba, Vice President of AerCap, committed to exploring business opportunities in Nigeria, emphasizing its investment appeal.

Source: Nairametrics

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