Industry & Money

FG Secures Airbus Deal to Grow Aviation Sector

The Federal Government has sealed a partnership with European aircraft manufacturing giant Airbus, targeting critical areas such as infrastructure development, maintenance capacity, human capital growth among others.

The agreement, formalised through a Memorandum of Understanding, was made known to The PUNCH through a statement on Monday.

According to the MoU, the agreement was signed by the Minister of Aviation and Aerospace Development, Festus Keyamo, during a working visit to Airbus’ global headquarters in Toulouse, France.

Keyamo described the agreement as a major leap for the sector, saying the pact is expected to fast-track Nigeria’s ambition to build a sustainable and globally competitive aviation ecosystem.

He said, “We are deeply honored to engage in a long-term partnership with Airbus. This agreement aligns with the Federal Government’s commitment to accelerating the development of Nigeria’s aeronautical ecosystem in all its dimensions.”

The minister, who was accompanied by top aviation officials, including heads of regulatory and airspace management agencies, stressed that the collaboration goes beyond infrastructure to include knowledge transfer and technical capacity building.

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