Follow Us on Google
From Sola Ojo, Abuja
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, on Thursday emphasised the significance of the Cape Town Convention in advancing Nigeria’s aviation sector.
Speaking at the 2024 Ministry of Aviation and Aerospace Conference on the Cape Town Convention and Aircraft Protocol implementation, Keyamo noted that the Convention provides a transformative legal framework that harmonises global legal systems, promoting predictability and stability for aviation stakeholders.
To him, the Convention has enhanced Nigeria’s global standing, attracting increased investment and growth in aviation financing.
The minister commended recent initiatives, such as the Federal High Court Practice Directions and Advisory Circular, which demonstrate Nigeria’s commitment to aligning with international best practices.
Mr. Keyamo acknowledged that challenges persist, including ensuring consistent judicial interpretations and aligning local laws with international standards.
Other News
He, however, emphasised that these challenges present opportunities for innovation, collaboration, and capacity-building within Nigeria’s aviation sector.
“Adopted in 2001, the Cape Town Convention has proven to be a transformative legal framework, harmonising diverse global legal systems to foster predictability and stability for aviation stakeholders.
“For Nigeria, this convention has not only enhanced our global standing but has also opened doors to increased investment and growth in aviation financing.
“While we have made commendable progress, challenges such as ensuring consistent judicial interpretations and aligning local laws with international standards remain.
“However, these challenges present opportunities for further innovation, collaboration, and capacity building within our aviation sector.
“This conference is a call to action for all stakeholders to engage, deliberate, and contribute to shaping a dynamic, sustainable, and globally competitive aviation industry in Nigeria,” he added.
