The Federal Ministry of Aviation and Aerospace Development of Nigeria has signed a Memorandum of Understanding (MoU) with Boeing to enhance the aviation sector in the West African country. Africa is expected to experience significant growth in air traffic over the next 20 years, with growth forecasted to exceed the global average.
“We are delighted to enter into this important, ‘working together’ agreement with Boeing which will benefit Nigerian airlines and enable the development of our country’s civil aviation ecosystem,” said Honourable Minister of Aviation and Aerospace Festus Keyamo. “As Africa’s largest economy and with the continent’s largest population, Nigeria has a lot to offer in driving the growth of aviation in Africa. The support to be provided through this agreement will help our local operators grow and succeed, which is a priority of President Bola Ahmed Tinubu's administration. We are keen to work assiduously with Boeing in the coming months and years to make this a reality.”
As part of a strategic relationship with the ministry and Nigerian airlines, Boeing will provide planning workshops, training, technical support, and assessments to airline operators.
"This agreement is an important step in establishing a sustainable civil aviation ecosystem in Nigeria as there is shared interest and value in driving innovation and progress,” said Anbessie Yitbarek, Boeing vice president of Commercial Sales for Africa. “The importance of Nigeria for Boeing lies in its rich potential to foster economic growth, connect people, and shape the future of aviation in Africa and beyond.”
Boeing's Commercial Market Outlook predicts that Africa will require 1,170 aircraft in the next 20 years. For over 75 years, Boeing aircraft have been vital to Africa's commercial fleet. Currently, more than 60 airlines are operating approximately 500 Boeing aircraft across Africa, constituting nearly 70% of the aircraft market in the continent.
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