Government Seeks Investment to Transform Nigeria’s Aviation Sector

President Bola Ahmed Tinubu has called on investors to explore opportunities in Nigeria’s aviation industry, highlighting collaboration with private sector operators as key to driving growth. Speaking at the 2025 FAAN National Aviation Conference (FNAC), he outlined areas for investment, including airport infrastructure, aircraft leasing, maintenance, training, cargo, and aviation-linked real estate.

Tinubu emphasized that Nigeria’s aviation market is among the most under-exploited in Africa, with a population of over 220 million, a strategic geographic location, and a growing middle class driving travel demand. The sector also benefits from the $1.7 trillion regional market under AfCFTA, with high demand for cargo, MRO services, charter flights, and logistics.

The President highlighted government efforts to simplify regulations, enhance transparency, implement fiscal reforms, and offer incentives to attract investors. He stressed that initiatives under the Renewed Hope Agenda—including new international terminals in Lagos and Port Harcourt, airport rehabilitation across major cities, expansion of cargo and MRO facilities, and frameworks for a national carrier—are designed to create a modern, efficient, and globally competitive aviation ecosystem.

Tinubu identified emerging investment frontiers such as aviation cargo and agro-export corridors, smart and green airports, MRO infrastructure, and aviation training programs aligned with economic diversification and job creation goals.

Supporting him, Lagos State Governor Babajide Sanwo-Olu announced plans for a new airport in the Lekki corridor, projected to handle five million passengers annually, while Ogun, Borno, and Imo State governors highlighted local aviation investment opportunities.

FAAN Managing Director Olubunmi Kuku called on investors to partner in infrastructure development, operational management, and technology integration, stressing that Nigeria’s strategic location, growing economy, and rising travel demand make the sector a prime opportunity for growth.

Tinubu concluded by urging collaboration between government, private sector, and international partners, emphasizing that investment will enhance efficiency, safety, and job creation while positioning Nigeria as a hub for regional and global aviation.

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