The federal government has called on the private sector to invest in lucrative areas of the aviation industry, assuring them of full support and protection of their investment.
Speaking at the Federal Airports Authority of Nigeria National Aviation Conference (FNAC2025), on-going in Lagos, the Minister of Aviation, Festus Keyamo, urged investors to embrace the long-term benefits of investing in Nigeria’s fast-evolving aviation landscape, emphasising that the opportunities and the enabling environment are strengthening every day.
This is just as Governor Babajide Sanwo-Olu of Lagos State confirmed the state government has secured approval to build the Lekki International Airport with annual capacity of five million passengers.
Keyamo in his speech, itemised FAAN’s investment opportunities to include: Airport Infrastructure Modernization where Keyamo urged investors to partner in the form of Public Private Partnership (PPP) to guarantee returns.
He also called for partnership for a World-Class Maintenance, Repair and Overhaul (MRO) Hub adding FAAN is positioned to facilitate a regional Maintenance, Repair, and Overhaul centre in Nigeria that will serve West and Central Africa, reducing costs, retaining capital, and creating high-skill jobs. “Africa loses billions yearly to offshore maintenance but FAAN is ready to facilitate this.”
