Nigeria-UAE advance aviation relations
Nigeria and the United Arab Emirates have signed a Bilateral Air Service Agreement riding on negotiations in 2024 aimed at ensuring reciprocal rights for both countries and foster deeper aviation collaboration. Chukwuerika Achum, CEO of Vivajets joins CNBC Africa for this discussion and more.
Fri, 14 Feb 2025 14:26:00 GMT
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AI Generated Summary
- The importance of the amended BASA agreement in enhancing aviation collaboration between Nigeria and the United Arab Emirates.
- The need for Nigerian airlines to adopt a hub-and-spoke model to maximize the benefits of international agreements and improve competitiveness.
- The critical challenges faced by Nigerian carriers, including infrastructure limitations and financing issues, and the Minister of Aviation's role in addressing these issues.
Nigeria and the United Arab Emirates have recently signed a Bilateral Air Service Agreement (BASA) after negotiations in 2024, with a focus on ensuring reciprocal rights for both nations and fostering deeper aviation collaboration. This agreement is expected to bring about significant changes in the aviation industry between the two countries. A key figure in this discussion is Chukwuerika Achum, the CEO of Vivajets, who shared his insights and perspectives on the amended BASA agreement and the challenges and opportunities it presents for Nigerian carriers. The CEO highlighted several critical aspects of the agreement and the necessary steps for Nigeria to enhance its competitiveness in the aviation sector. Chukwuerika Achum emphasized the need for Nigerian airlines to shift towards adopting a hub-and-spoke model to maximize the benefits of these agreements and boost their competitive edge in the global market. The conversation also focused on the challenges faced by Nigerian carriers, such as infrastructure limitations and financing issues, and the Minister of Aviation's role in addressing these crucial issues for the sector's growth and sustainability. This article delves into the key themes, points, and quotes from the insightful interview with Chukwuerika Achum, shedding light on the current state and future prospects of the aviation industry in Nigeria.