In his welcome address during the conference, mr Olusegun koiki, Chairman, League of Airport and Aviation Correspondents (LAAC) has said “It is obvious that to fix Nigeria’s aviation sector, there is an urgent need for policy measures that can address anti-investment situations, while attracting both local and Foreign Direct Investments (FDIs). The questions begging for answers today include:
- Does Nigeria’s aviation industry have policies that can attract local and foreign direct investment?
- If such policies exist, are they adequate to effectively address the impediments to aviation investment?
- Is Nigeria taking advantage of the emerging modern aviation investment potential?
- Is Nigeria’s aviation industry on a flight to its rightful position in the international aviation market considering its growth potential?
- What is the way forward for the industry in terms of aviation investment and related policy direction?
- Who is fighting for Nigerian airlines on regional and international routes? Etc.
According to the organizer of the 23rd Annual Conference of the League held in Lagos over the weekend,
Mr Koiki, the LAAC Chairman said this year 2019 conference theme with BOOSTING AVIATION INVESTMENTS THROUGH POLICY was well informed by the growing concerns regarding safety and security and how they have significantly impacted response to investment and the policies of government towards safeguarding investment growth.
He pointed that by this time last year, the 22nd edition of this programme was held at Sheraton Hotels, Ikeja with the theme: ‘Financing Aviation Development Through Private Sector Partnership.’
“At that event, serious case was made for provision of conducive environment for growth of airlines and development of aviation infrastructure.
“After the suspended Air Nigeria project, I urge His Excellency, President Muhammadu Buhari and the impending Minister that will oversee the industry in this regime as well as the National Assembly members, to kindly initiate measures and make provisions for adequate funding of the industry.
“We in the League of Airport and Aviation Correspondents have pledged to continue to use professionalism in our news reportage and analysis to pursue the growth and development of Nigeria’s aviation industry.
“We also wish to use this forum in the spirit of patriotism, to appeal to the various stakeholders and aviation authorities in Nigeria to show more commitment towards development of the sector in the interest of our future.