Emameh Gabriel writes that Nigeria’s aviation sector which was once struggling with investors’ distrust, has rebounded through policy reforms, debt resolution, and international partnerships, now emerging as a promising hub for global aviation business and connectivity.
Just two years ago, Nigeria’s aviation sector was in deep crisis. Foreign investors and aircraft lessors had lost faith in the country’s business environment, treating it as a “pariah” destination. Airlines struggled to lease modern aircraft, and Nigeria’s compliance rating with global leasing agreements was a dismal 49%.
Fast forward to today, and the story has dramatically changed. Under the leadership of Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, the sector has undergone a remarkable transformation, restoring global confidence and attracting major international partnership.