Nigeria’s Aviation Sector: Africa’s Most Under-Exploited Market, Says President Tinubu

President Bola Ahmed Tinubu has called on global investors to explore the vast potential in Nigeria’s aviation sector, describing it as one of Africa’s most viable yet under-exploited markets. Speaking at the 2025 Federal Airports Authority of Nigeria (FAAN) National Aviation Conference (FNAC), he highlighted Nigeria’s strategic position, large population, and growing middle class as key drivers for aviation growth.

Represented by Secretary to the Government of the Federation (SGF), Senator George Akume, the President emphasized that Nigeria, with over 220 million people, is the continent’s largest domestic aviation market. He pointed out that the country’s geographic location makes it an ideal hub for trans-African and intercontinental travel, while domestic travel demand is expected to double over the next decade.

Tinubu outlined several investment opportunities, including airport infrastructure, aircraft leasing, maintenance, cargo logistics, charter services, and aviation-linked real estate. He emphasized that Nigeria’s aviation industry is primed for growth, supported by regulatory simplifications, transparent policies, and investment-friendly incentives. “The future of Nigerian aviation is bright and full of promise,” he said.

The Minister of Aviation and Aerospace Development, Festus Keyamo, echoed these sentiments, urging international investors to take advantage of Nigeria’s expanding aviation opportunities. He highlighted government-led initiatives to modernize airports, upgrade runways, expand cargo facilities, and develop Maintenance, Repair, and Overhaul (MRO) centers, positioning Nigeria as a strategic aviation hub in Africa.

FAAN Managing Director Olubunmi Kuku also stressed that the authority is ready for foreign direct investment, pointing to ongoing ISO certification efforts and infrastructure upgrades. He invited investors to participate in projects ranging from terminal modernization to airport city development, emphasizing that private investment would complement the workforce while creating more advanced facilities and jobs.

source: Leadership