ESPIRIT TORQUE

  The decision of the federal government of Nigeria, through its minister of aviation, Senator Hadi Sirika, to approve the demolition of private jet hangers belonging to Dominion and Evergreen Apple private jet companies has elicited mixed reactions from Nigerians. The move is part of the government's plan to expand the apron side of the newly constructed Murtala Muhammed International Airport 2 and guarantee optimum use of the facility. Dominion Hangar is reportedly owned by the Senior Pastor of Living Faith World Outreach (Winners Chapel), Bishop David Oyedepo, while a former Director-General of the Nigerian Civil Aviation Authority, Dr Harold Demuren, is rumoured to have a stake in Evergreen Apple. In this article, we will examine the good and bad sides of this decision by the federal government, taking into consideration the implications for the economy, the aviation industry, and the affected private jet owners. Good side of the decision........... Development of Infrastr...

  Nigeria's aviation industry has been in existence for over 80 years, with the first commercial flight in Nigeria dating back to 1931. The Nigerian Civil Aviation Authority (NCAA) was established in 1958 as the regulatory body for the industry, and since then, the Nigerian aviation industry has grown significantly. One of the major growth drivers of the Nigerian aviation industry has been the increase in the number of domestic and international travelers. The Nigerian National Bureau of Statistics (NBS) reported that there were over 7 million domestic air travelers in 2017 and this figure is expected to increase in the coming years due to the growing population, increasing disposable income, and a rising middle class. The country's economic growth, particularly in the oil and gas industry, has also led to an increase in international travel. The Nigerian government has also made efforts to improve the country's infrastructure and has begun investing in the expansion of its...