Festus Keyamo, minister of aviation and aerospace
development, says the federal government is set to establish a Nigerian
aircraft leasing company to ease aircraft acquisition challenges faced by
domestic carriers.
According to a statement by Tunde Moshood, special adviser
on media and communications to the minister, Keyamo spoke on Friday while
unveiling the newly arrived Air Peace dry lease aircraft in Lagos.
He said discussions have advanced with global investors to
establish the company, a long-awaited goal in the country’s aviation roadmap.
“We have put in place a plan to start the Nigerian aircraft
leasing company now, and we have secured investors,” the minister said.
“This has been on the aviation roadmap for the past 15
years. It is not about personal benefit; it is about supporting local airlines.
The idea is for Nigeria, as an entity, to negotiate directly with the world.
“Airlines won’t need to struggle individually to find
aircraft — the government will provide sovereign guarantees with investors’
support.”
Keyamo said the leasing company would operate on a
collaborative model, with both the government and local airlines contributing
to a shared capital pool to ease aircraft acquisition through secure financial
structures supported by international investors.
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