The rules, known as the Irrevocable
De-registration and Export Request Authorization (IDERA), were signed as part
of efforts to improve Nigeria’s compliance with international aviation
standards.
Minister of Aviation and Aerospace
Development, Festus Keyamo, disclosed this development during the commissioning
of the Juhi-2 Aviation Fuel Depot at Murtala Muhammed International Airport
(MMIA) in Lagos. He attributed the progress to the government's recent actions,
including the signing of the Cape Town Convention Practice Direction, which saw
Nigeria’s compliance rating jump from 49% to 70.5% within a month.
The new rating, which places Nigeria in the
"high category," was announced by the Aviation Working Group (AWG) on
Wednesday, October 16, according to a statement from the minister’s special
adviser, Tunde Moshood. The AWG confirmed that Nigeria’s compliance process is
now complete following the signing of the IDERA, removing the country from the
AWG's watch list of non-compliant nations.
This milestone is expected to unlock
significant opportunities for Nigeria’s aviation sector, including improved
access to aircraft financing and dry-leasing markets for Nigerian airlines. The
resulting benefits include increased flight regularity, expansion of serviced
routes, and more competitive ticket pricing, which will ultimately enhance the
experience of Nigerian travellers.
The statement also highlighted that these
developments mark a positive turning point for Nigeria’s aviation industry,
with greater potential for growth and global integration.
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