Aviation

In Watershed for Aviation Sector, FG Unveils Revised Insurance Regulations for Leased Aircraft to Curb Flight Disruptions, Others

•Omosehin: It’s a milestone for sustainable aviation insurance. Minister of Aviation and Aerospace Development, Festus Keyamo, yesterday officially unveiled the Revised Insurance Regulations for Leased Aircraft to curb flight disruption in the country. The document was launch in partnership with National Insurance Commission (NAICOM). Keyamo stated that the revision aligned with President Bola Tinubu’s quest […]

Aviation

Of Local Content and Airlines Insurance Obligations

  Meeting insurance obligation is a critical challenge to Nigerian commercial airlines due to the cost of premium, which is defined by country risk and other factors, including operational environment, airport facilities, government policies and country’s safety record. In Nigeria, insurance policy stipulates that airlines must insure through local insurance companies to meet the requirement […]