Home Africa Nigeria: Nigeria signs “dry -lease” agreement for aircraft — Africa Links 24

Nigeria: Nigeria signs “dry -lease” agreement for aircraft — Africa Links 24

Nigeria: Nigeria signs “dry -lease” agreement for aircraft — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2024-10-17 11:27:27

tiamin rice

The Federal Government has signed the updated Nigeria Civil Aviation Authority, NCAA, procedure to boost operational capacity by enabling airlines to get access to “dry-lease”aircraft.

A Dry Lease is an agreement where an aircraft is leased without any accompanying crew, maintenance, or insurance.

Festus Kayamo, the Minister of Aviation and Aerospace Development, who signed the document on Wednesday in Abuja said that the move would enhance Nigeria’s compliance with the…

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