Policy Changes, Reforms To Drive Growth In Nigeria’s Aviation Sector In 2025- Expert

An expert in the aviation sector Dr. Richard Aisuebeogun has projected that Nigeria’s aviation sector is set for significant advancement in 2025, driven by key policy changes and reforms.

Aisuebeogun, Co-Chairman Award Committee, Nigeria Aviation Awards (NIGAV), made this known the recently held 14th awards ceremony

Dr. Richard , stated that “2025 will reflect the outcome of several impactful 2024 policy reviews aimed at repositioning aviation.”

One major milestone is Nigeria’s removal from the Cape Town Convention aircraft leasing risk list. This opens access to low-cost, long-term aircraft financing under dry lease agreements. Dr. Aisuebeogun described this development as “a game changer set to significantly reduce financial hurdles for local airlines.”

Another priority for 2025 is the federal government’s plan to initiate airport concessions. This aims to attract private sector investment to improve infrastructure and boost operational efficiency. “Airport concessions will lead to modernized facilities and enhanced passenger experiences,” he added.

Further developments include Ibom Air’s soon-to-be-completed Maintenance, Repair, and Overhaul (MRO) facility. This promises to reduce dependence on costly overseas maintenance and ease forex pressures.

He predicted that the issue surrounding Nigeria Air and the necessity for a National Carrier will be resolved by 2025, given the significant international air travel market in Nigeria with over 80 Bilateral Air Service Agreements (BASAs). Domestic airlines, such as Air Peace, are expected to play stronger regional roles, especially in West and Central Africa.

Cargo operations are also expanding, spurred by rising e-commerce. However, authorities have been advised to tighten controls and “combat the threat of drug trafficking through aviation cargo operations.”