Airlines operate on thin margins, a fragility amplified in emerging markets such as Nigeria. Currency volatility, high financing costs, operational gaps, and weak infrastructure all drive up carriers’ cost base, which in turn leads to higher ticket prices for passengers. According to World Air Transport Statistics (WATS), the three largest costs for airlines globally are […]
*Sanwo-Olu Confirms Approvals for 5mn Passenger Capacity Lekki Airport The federal government has called on the private sector to invest in lucrative areas of the aviation industry, assuring them of full support and protection of their investment. Speaking at the Federal Airports Authority of Nigeria National Aviation Conference (FNAC2025), on-going in Lagos, the Minister of Aviation, […]
•Council approves engineering infrastructure for Maitama 2 District •Okays $396m loans for northern IDPs, Sokoto health project •Approves presidential task force on ‘Detty December’ Deji Elumoye in Abuja The Federal Executive Council (FEC) rose from its meeting on Thursday and approved the concession of the Port Harcourt International Airport to private investors for more efficient […]
The Minister of Aviation and Aerospace Development, Festus Keyamo has commended Air Peace following the achievement of a major milestone with its successful launch of direct flights from Abuja to London Heathrow. Keyamo described the move as a defining moment for the country’s aviation sector and direct result of the federal government’s efforts to reposition Nigerian airlines. Speaking at the grand event to […]
The federal government has said that it will review the retirement age of Air Traffic Controllers in the country as part of efforts to bridge the manpower gaps in the sector. Minister of Aviation and Aerospace Development, Festus Keyamo, who made this known, said the retirement age will be reviewed upwards in order to ensure […]
