Aviation Ministry Targets Leadership Of Global Cargo Market
The Ministry of Aviation and Aerospace Development says it has taken proactive steps to ensure that Nigeria does not just participate in the global cargo market but leads it.
In his keynote remarks at the 4th Chinet Aviacargo Conference 2024 on August 22, 2024, held at Marriott Hotel, Ikeja, Lagos, the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo (SAN) said “recognizing the immense opportunities within the cargo sector, the Ministry of Aviation and Aerospace Development has taken proactive steps to ensure that Nigeria does not just participate in the global cargo market but leads it. To this end, we have established a dedicated Cargo Directorate within the Federal Airports Authority of Nigeria (FAAN). This directorate is tasked with implementing far-reaching policies and programs that will catalyze the growth of our air cargo industry. These initiatives are designed to streamline operations, enhance infrastructure, and foster partnerships that will make our airports and logistics hubs the preferred gateways for cargo in the region.”
Highlighting the benefits of a vibrant cargo sector to the economy, Keyamo said: “It is a critical enabler of trade, facilitating the efficient movement of goods across borders and opening up new markets for Nigerian products. With the right infrastructure and regulatory environment, our agricultural exports, for example, can reach global markets faster, fresher, and more competitively. Furthermore, a robust cargo industry will stimulate the growth of ancillary services, from warehousing to logistics, creating a ripple effect of economic activities that will significantly contribute to our GDP.
The realization of this vision, however, requires more than just policy frameworks; it necessitates the active collaboration of all stakeholders. I am optimistic that with the support of industry leaders, regulatory bodies, financial institutions, and international partners, we can drive the cargo industry into a multi-billion-dollar sector that will be the pride of our nation. This conference is a crucial platform for forging such partnerships and aligning our strategies with global best practices.”
He reiterated the government’s unwavering commitment to supporting the growth of the air cargo sector. “Together, let us build a thriving industry that will not only boost our economy but also place Nigeria at the forefront of global cargo and logistics,” he said.
