The Federal Government, has said it has committed the sum of $21 million to acquire a Boeing 737 simulator to further build the capacity of pilots.
The Minister of Aviation, Hadi Sirika, disclosed this while giving the scorecard of his ministry in Abuja on Thursday.
According to him, the government had acquired an automated fire simulator.
Sirika stated that the Nigerian aviation sector was the second most recovered industry from COVID-19.
Adding that because of the achievements recorded in the sector, Nigeria had been re-elected as a Part II member of the International Civil Aviation Organization Council.
He also said that the upgrade of facilities at the Nigerian College of Aviation Technology had led to its designation by the ICAO as a Regional Training Centre of Excellence, adding that the AIB had also been upgraded to a multi-modal accident investigation agency tagged, “National Transport Accident Investigation Board.”
“Five international airports (Abuja, Kano, Enugu, Lagos and Port Harcourt) have been designated as Special Economic Zones,” he said.
”An aviation leasing company, which would be private sector-driven, will be established to address the challenges of limited access to capital and high cost of funds.
“The ALC will provide leasing opportunities for Nigerian and African airlines in order to boost fleet size, alleviate the problem of aircraft leasing and high insurance premium charges.
“The development of Nigeria’s major commercial airports and surrounding communities into efficient, profitable and self-sustaining commercial hubs through increased private sector participation and Foreign Direct Investment (FDI) will create jobs and grow the local industry.
“Five international airports (Abuja, Kano, Enugu, Lagos and Port Harcourt) have been designated as Special Economic Zones.”
