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Aviation Industry in Nigeria
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Investment
Opportunities
How Can I do Business with Ministry of
Aviation?
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Several opportunities exist in the Nigeria aviation industry,
and these include:
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Provision of effective logistics and coordination at the major
international airports.
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Provision of fire cover both in equipment and skilled manpower.
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Rehabilitation of dilapidated runways.
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Provision of adequate Visual Landing Aids.
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Refurbishment of terminal building structures.
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Provision of adequate passenger facilitation processes at the
international airports.
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Provision of proper cargo facilities for trans shipments of
cargo.
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Provision of adequate airport utilities including power,
Telephones, Water, etc.
Other Opportunities : -
Maintenance Hangar-
Existing Hangar owned by the airline needs to be refurbished and
equipped with modern facilities for 24 hour aircraft maintenance
services.
Aircraft Engine Workshop-
A good workshop that can effect A, B, C & D checks on various grades
of aircraft used in the country and in the West African sub-region.
HANGER PROJECTS
Aircraft maintenance is a crucial investment opportunity in the
Nigerian Aviation industry given the fact the country is seriously
yet to build an in-house maintenance capacity. The idea of
establishing a National Aircraft Maintenance Centre has been with
the Ministry since late 1970 primarily to conserve scare foreign
exchange. The Federal Government has approved the establishment of
an integrated national aircraft maintenance facility to carter for
the complete maintenance of all aircraft both civil and military
operating in the country. It was built then on a Build, Operate and
Transfer (BOT), however it has now been amended to operate on a
Lease arrangement.
To View the Build, Operate and Transfer
(BOT) agreement please
click here,
for the amended agreement
click here
Areas of Future Investment
A firm of reputable consultants is currently working with FAAN with
a view to transforming the standards of Nigerian Airports. Since the
inception of the Authority, Aeronautical sources of revenue have
contributed about 80% of the Authority’s total revenue. The focus
now is to increase the non-aeronautical sources such as rent,
concession fees, and divided from subsidiaries, car park fees and
premium ground rent.
There are massive investment opportunities in modernizing equipment
and infrastructure at the airports. In this regard, management is
exploring how best to utilize the idle vast airport lands and turn
them into useful ventures, such as:
Development/construction of airport terminals
Development of five star hotels within some strategic locations
Installations /maintenance of equipment
Cold rooms
Constructing warehouses.
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