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Aircraft Leasing: Aviation Minister's Facilitation Delegation Visits Embraer, Brazil - THISDAYLIVE

Published 2 weeks ago2 minute read

Festus Keyamo, Aviation Minister

Festus Keyamo, Aviation Minister

In furtherance to President Bola Ahmed Tinubu’s directive to establish a direct air route between Nigeria and South America, the Minister of Aviation and Aerospace Development, Festus Keyamo, has arrived in Brazil on a strategic working visit.

Keyamo touched down in Brazil accompanied by the Director General of the Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo, and representatives of local Nigerian airline operators.

At the heart of the visit is a high-level engagement with global aircraft manufacturer and lessor, Embraer, at its headquarters in São José dos Campos, São Paulo State.

Embraer, a renowned leader in regional aircraft production, is collaborating with the Nigerian delegation to explore avenues for strengthening Nigeria’s aviation ecosystem through enhanced access to modern aircraft, favourable leasing options, and a network of credible financiers.

Keyamo, in a statement Tuesday by his Special Adviser, Media & Communications, Tunde Moshood, said: “We had extensive discussions with Embraer on how they can support our aviation sector with their vast network of lessors and financial institutions.

“The goal is to empower Nigerian operators with the tools and partnerships necessary for growth and expansion.”

The statement further read that the working visit continues today in Brasilia, where the Minister is scheduled to meet with his Brazilian counterpart, the Minister of Ports and Airports, Sílvio Costa Filho.

It further stated: “Central to the agenda is the review and adjustment of the existing Bilateral Air Services Agreement (BASA) between Nigeria and Brazil to allow for the immediate commencement of direct flight operations between the two countries.

“This historic initiative aligns with President Tinubu’s Renewed Hope Agenda to boost regional connectivity, expand international trade, and foster closer diplomatic and economic ties between Nigeria and South America.”

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