…Keyamo meets investors
Nigeria’s aviation sector is receiving fresh attention from foreign and institutional investors following a meeting between the Minister of Aviation and Aerospace Development, Festus Keyamo, and a delegation from the Ministry of Finance Incorporated (MOFI) and Power International Holdings, a Qatari-based firm.
The meeting focused on creating opportunities for structured private investment to improve aviation infrastructure and drive value across the sector.
Read also: Governance dispute at TCN raises concerns over investor confidence
Cape Town convention signals readiness
MOFI Managing Director, Dr Armstrong Ume Takang, highlighted recent reforms introduced by the minister. “This aligns with the federal government’s $1 trillion economy target and opens room for SMEs and service providers across the aviation ecosystem,” he said.
He described the adoption of the Cape Town Convention and IDERA framework as a step towards increasing investor confidence.
Read also: FG, states partner to address farmer-herder clashes and develop livestock sector
Pathway to economic impact
Keyamo said the collaboration could bridge long-standing investment gaps. “MOFI fills the investment gap we’ve long sought in the sector’s reform,” he added.
A joint team will be set up to explore viable projects and partnerships, supporting the Renewed Hope Agenda and boosting logistics, maintenance, and support services.
