Aviation: FG Sends Message to Investors, Explains How to Deal With Bribery
- Festus Keyamo instructed Boing and other investors to notify any official who asks a bribe
- The group was led by the minister of aviation in signing an agreement for aircraft maintenance
- During the discussion, he also provided a safety assurance for the aircraft that Nigerian domestic airlines were leasing
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.
Boeing and other investors have been instructed by Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, to report any official who requests a bribe before conducting business in Nigeria.
Source: UGC
Keyamo gave a speech on Wednesday in Seattle, Washington, at a meeting with Boeing officials.
Leading the trip were executives from significant airlines affiliated with the Airline Operators of Nigeria (AON) as well as other important players in the civil aviation ecosystem.
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keyamo said,
“So for new investors who are coming to Nigeria, they are welcome. Nobody is going to frustrate you within Nigeria. If anybody tries to frustrate you by asking for gratification or anything, report him to me, I will take action”
“We want to open the doors for everybody to come into Nigeria.”
The minister led the group in signing an agreement for aircraft maintenance and facilitating the purchase of dry lease aircraft for domestic airlines.
He also guaranteed the safety of the planes leased to domestic airlines in Nigeria during the meeting.
“I want you all to see me, here, as the minister, I’m giving a personal guarantee, beyond the compliance with the law, personal guarantee, that I will not tolerate the frustration of any agreement with any lessor based in Nigeria, the aircraft coming to Nigeria,” he said.
“I will give a personal guarantee of safety of these aircraft, and repossession of those aircraft, whether through the judicial process, or through the NCAA, which I supervise, through a judicial process, through an administrative process, and you know, the Cape Town convention says five days, we can be multi-registered, within five days.
“I will make sure we can do it within four days, we can register our aircraft. It’s a personal guarantee. Read my lips, I’m going to do it.”
Additionally, Keyamo stated that steps have been made to guarantee that air operating licenses are provided promptly and that he is aware of the challenges that industry players confront.
Emirates airlines crashes ticket fares
Legit.ng reported that Emirates Airlines is luring Nigerian passengers with cheap USD airfares, which has attracted mixed reactions from aviation analysts and passengers.
Findings show that as of Monday, August 26, 2024, all fare inventories on Emirates Airlines’ website were competitive but priced in dollars.
The airline had fixed October 1, 2024, as the date to resume daily flights between Lagos and Dubai, offering more choice and connectivity from the Nigerian city to and from Dubai.
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Source: Legit.ng
