The Federal Ministry of Aviation and Aerospace Development of Nigeria and one of the leading global aerospace firms, Boeing, have signed a Memorandum of Understanding (MoU) to strengthen Nigeria’s aviation sector.
This is just as Africa continues to be a promising market with its overall air-traffic growth forecasted well above the average global growth rate over the next 20 years.
Speaking on the uniqueness of the MoU, the Minister of Aviation and Aerospace Development. Mr Festus Keyamo (SAN), said, “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
“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 the President Bola Ahmed Tinubu 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.
He further said, “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 projects Africa will need 1,170 airplanes over the next two decades. Boeing airplanes have formed the backbone of Africa’s commercial fleet for over 75 years.
More than 60 airlines operate around 500 Boeing airplanes throughout Africa, which represents nearly 70% of the airplane market across the continent.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries.
As a top United States exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact.
