Index to Nigerian Newspapers

Nigerian Exist Global Aviation Blacklist, Rating Up To 75% page

Nigeria has improved its global rating by fully complying with the Cape Town Convention on aircraft dry leasing, moving its score from 70.5 to 75.5 points. This compliance led the Aviation Working Group, co-chaired by Boeing and Airbus, to remove Nigeria from its watchlist. As a result, Nigerian airlines can now more easily access aircraft leasing and financing globally. The Minister of Aviation, Festus Keyamo, highlighted that this achievement opens up significant opportunities for Nigeria's aviation sector, making it more attractive to global financiers and lessors. The government remains committed to supporting private investors and improving aviation policies for further growth.

Wale Shadare | Aviation | New Telegraph | Friday, October 18, 2024