The Minister of Aviation and Aerospace Development, Festus Keyamo on Wednesday held a stakeholder engagement meeting on creating a new partnership between the Nigeria Insurers Association (NIA) and the Airline Operators of Nigeria (AON) on aircraft leasing.
The meeting, Keyamo said had been convened by the instance of the Vice President, Kashim Shettima who directed the minister to go and speak with all the stakeholders regarding the issue of aircraft insurance and the demands of international leases and financiers and how to balance that with local content requirements in Nigeria.
He said: “The meeting, Keyamo said had been convened by the instance of the vice president, who actually compel him to go and speak with all the stakeholders regarding the issue of aircraft insurance and the demands of international leases and financiers and how to balance that with local content requirements in Nigeria.
“The airline operators of Nigeria, they spoke their minds, the Nigerian Insurance Association, they spoke their minds. And I think we are beginning to understand ourselves.
“We have reached a resolution that there is need for further engagement on this issue, we also have reached a decision that there is need for the Nigerian Insurance Association to further engage international resource and finances to understand their position and their capacity.”
“The capacity they have is part of the rebranding of the Nigerian image to the world, and every sector in Nigeria has a duty to rebrand and let the world understand how we are and what we are capable of that came out of this meeting today, and they will be traveling with us to Dublin to meet international financiers who have invited us in January.”