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Home»Business»FG Targets Aerotropolis Model to Transform Airports
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FG Targets Aerotropolis Model to Transform Airports

meridianspyBy meridianspyFebruary 23, 2026No Comments2 Mins Read
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Nigerian Civil Aviation Authority (NCAA).
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Nigeria’s aviation industry is set for a major investment drive as the Federal Government moves to establish aerotropolises, airports integrated with commercial cities, logistics hubs, and industrial clusters, across key cities.

 

The initiative will be launched at the upcoming Aircraft Acquisition and Investment Summit, which will convene global aircraft lessors, financiers, and airline operators for direct engagement with Nigerian businesses.

 

Michael Achimugu, Director of Public Affairs and Consumer Protection at the NCAA, described 2026 as a turning point for the industry.

 

“We are bringing the biggest global players; aircraft lessors, banks, financiers, and investors to sit directly with Nigerian operators and businesses within the aviation ecosystem,” he said.

 

The summit is expected to attract leading leasing companies, international financial institutions, and aviation investors seeking entry into Nigeria’s fast-growing air transport market.

 

Minister of Aviation Festus Keyamo had earlier led a delegation to the Airline Economics Growth Frontiers Conference in Dublin in 2025, where Nigeria engaged global stakeholders on fleet renewal, competitive financing, and sustainable operational models.

 

Keyamo said discussions with major aviation brands confirmed Nigeria’s viability as one of the world’s most attractive aviation markets.

 

“Nigeria remains one of the most viable aviation markets in the world, and many investors have been asking for an opportunity to come in,” he noted.

 

Achimugu explained that beyond financing, the summit signals the start of the aerotropolis model, which will transform airports into economic centres driving trade, tourism, cargo operations, and job creation.

READ ALSO  Tinubu Approves N2.8tn Payment to GenCos After Audit

 

He added that modern leased aircraft entering Nigeria would reduce airfares, minimise flight disruptions, and improve passenger experience, marking a new phase in the country’s aviation growth.

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