Home Aviation & BusinessWhat Nigeria’s Absence From Global Aerospace Market Has Done
What Nigeria’s Absence From Global Aerospace Market Has Done

What Nigeria’s Absence From Global Aerospace Market Has Done

The total absence of Nigeria in the aerospace segment of global aviation business is a limiting factor to the nation’s greatness potentials on the scene, says the former Director General, Nigerian Civil Aviation Authority (NCAA), Dr. Harold Demuren.

Presenting a paper titled Nigerian Aviation Infrastructure Development & Challenges, at the Aviation Round Table Conference held in Lagos, Demuren categorized the sector into three segments namely locally based airlines, aerospace and ground based infrastructure.

He said the absence of Nigeria as a player in the aerospace segment consisting of high tech manufacturing, basic metals production, finance business services, technical consultancy and computing is hindering the country access to many substantial benefits it stands to derive from global aviation business.

The ground based infrastructure includes the airports, Air Navigation Service Providers, regulators, catering, marketing services and construction of facilities. He equally identified political interference, taxation charges, high interest rates, foreign exchange availability, the country’s legal system, security, education, fuel supply and international agreements as part of the industry’s challenges.

Demuren stresses that it is important for Nigeria to have strong airlines as strong local airlines are very critical to aviation development, noting that “in aviation, everything revolves around the airline.”

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