Business

FG, Boeing sign MoU to boost Nigeria’s aviation sector

The Federal Government has signed a Memorandum of Understanding (MoU) with aircraft manufacturer, Boeing, to boost the nation’s aviation sector.

This is contained in a statement signed by the Special Adviser to the Minister of Aviation and Aerospace Development, Mr. Tunde Moshood, on Thursday, August 29, 2024 in Lagos.

The signing ceremony took place in Seattle, with executives from major Nigerian airlines, NCAA and representatives from the Airline Operators of Nigeria.

The minister, Mr. Festus Keyamo (SAN), and Boeing’s Vice President of Commercial Sales and Marketing for Africa, Mr. Anbessie Yitbarek officially signed the MoU

The minister said that the MoU was significant in enhancing the operational efficiency and safety of Nigeria airlines for growth in the global aviation market.

The MoU, he said, is meant to facilitate aircraft acquisition; enhanced technical support; training and development; maintenance and engineering support; on-site support; airport and MRO development; regulatory support among others.

“The MoU will further enhance the ministry’s efforts to modernise and improve the capabilities of Nigerian airlines.

$1m deal: EFCC arrests syndicate blackmailing anti-graft chair

“The benefits of this MoU will be far-reaching, not only in improving the operational efficiency of our airlines but also in ensuring the safety and reliability of air travel in Nigeria,” he said.

On his part, Yitbarek said: “We are excited to work closely with Nigeria’s aviation stakeholders to deliver tailored solutions that will help Nigerian airlines thrive in the competitive global aviation landscape.

“This MoU underscores our commitment to supporting the growth and development of aviation in Africa,” he had said.

The MoU is expected to catalyse significant improvements in Nigeria’s aviation infrastructure and operational standards, further positioning the country as a key player in the global aviation industry.

The Star

Editor

Recent Posts

T-Pain sues Akon’s label over $489,000 royalties

American singer T-Pain has taken legal action against Konvict Entertainment, the record label founded by…

20 minutes ago

PCN shuts Kano drug market, seals 797 outlets

The Pharmacy Council of Nigeria has closed the illegal drug cluster at Dalan-Gyada, along Katsina…

45 minutes ago

Nigeria needs $337bn to meet 2035 climate targets — NCCC

Nigeria will require an estimated $337 billion to implement climate interventions across key sectors and…

1 hour ago

Kaduna govt fulfils 2025 FG-ASUU agreement, approves new salary for KASU lecturers

The Kaduna State Government has approved implementation of the December 2025 Federal Government-ASUU salary agreement…

2 hours ago

Police pay N26.4m insurance benefits to families of 52 fallen officers in Imo

The Imo State Police Command has presented cheques worth N26.43 million to families of 52…

2 hours ago

FDP urges Atiku, Obi, Kwankwaso to abandon 2027 presidential bids

The Forum for Democratic Patriots (FDP) has urged former Vice-President Atiku Abubakar, Peter Obi and…

2 hours ago

This website uses cookies.