May 20, 2026

Festus Keyamo

Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has expressed concern over challenges within the country’s aviation financing ecosystem, including customs-related bottlenecks, temporary importation procedures, foreign exchange volatility and inter-agency coordination issues.

He, however, assured stakeholders that Federal Government was actively addressing the challenges through coordinated reforms involving regulatory agencies, judicial capacity development and digitalisation initiatives within the Nigeria Civil Aviation Authority, NCAA.

Keyamo, while reaffirming Nigeria’s commitment to strengthening aviation financing, regulatory reforms and compliance with the Cape Town Convention, CTC, said this as he was addressing global stakeholders at the Aviation Working Group, AWG, General Meeting in London.