HomeBusinessNigerian Aviation Go Better with Cape Town Convention O!

Nigerian Aviation Go Better with Cape Town Convention O!

My people, betta news dey land for our aviation sector! Dare Osamo wey be energy and aviation expert don talk say the signing of Cape Town Convention go make wahala wey dey affect our local airlines plenty better.

Osamo yarn say this CTC go boost aircraft leasing condition for our air operators and open fresh investment doors for dem. E go make investors dey smile as aircraft lessors go sabi say dem get better protection for their money when dem wan recover dem assets or enforce dem rights.

As he dey drop gist, the Managing Director of Impact Energy, Osamo, emphasize say CTC go tackle severe issues wey don been dey hold back our indigenous airlines for long. Na true talk o! E explain say access to aircraft through leasing don dey one of the biggest wahala for Nigerian airlines, mainly because dem dey fear legal and regulatory risks wey fit chop dem money.

But now as CTC don show face, na so local airlines go fit dey lease aircraft easier, get beta terms, and lower costs. Simply put, this development dey set the stage for organic growth for our local fleets. Better service delivery go follow, and we go see who dey win the aviation competition!

Osamo no carry mind let that one pass; e also talk say if fleet numbers dey increase, e go affect our economy strongly. More aircraft means more jobs for plenty sectors; we go dey see demand for aircraft parts, maintenance services, and jet fuel. Na wah, the aviation and energy chain go really jam back to back with opportunities.

As fleets dey grow, our engineers, technicians, fuel suppliers, and logistics providers go catch the shine too! More connections go dey as airlines fit open new domestic and regional routes to areas wey don suffer before. This go boost connectivity and commerce inside the country.

Big shoutout to the Tinubu-led Federal Government and our Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, for pushing this change. E no easy to revamp sector wey don dey struggle, but dem dey make am happen. Recently, e be like say dem don raise Nigeria’s compliance rating with the CTC from 70.5% to 75.5%, and that be serious progress under Tinubu administration.


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Oghene Agbo
Oghene Agbohttps://nnn.ng/
Oghene Agbo na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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