NCAA urges aviation financiers to invest in Nigeria
The Nigeria Civil Aviation Authority (NCAA) has wooed financiers, lessors, and global partners to take full advantage of opportunities available in Nigeria to invest in the aviation industry.
The Director-General of Civil Aviation (DGCA), Captain Chris Najomo, wooed these people at the maiden Nigeria Aircraft Acquisition and Investment Summit 2026, held in Lagos between April 1 and 2, 2026.
The summit, themed “Unlocking Capital, Confidence and Capacity in Nigeria Aviation,’’ was aimed at extracting tangible deliverables that unlock Nigeria’s aviation potential for investment and aircraft acquisition.
Related Posts
According to Najomo, in line with the Federal Government of Nigeria’s Renewed Hope Agenda, and in a bid to boost aviation sector growth, Nigeria has domesticated the Cape Town Convention in the Civil Aviation Act 2022 and signed an updated Irrevocable Deregistration and Export Request Authorization (IDERA), which has significantly impacted on the Nigerian aviation market by enhancing the safety and efficiency of aircraft leasing and financing.
While identifying three interconnected pillars upon which the future of our aviation sector must be built, including unlocking capital, unlocking confidence, and unlocking capacity, Capt. Najomo affirmed the commitment of the Nigeria Civil Aviation Authority (NCAA) to enforcing IDERA with fidelity.
He assured aircraft financiers and lessors alike not to worry, declaring that Nigeria’s market is open, structured, and reform-driven with a proactive, data-driven, and internationally-aligned CAA, and having airlines ready to engage responsibly and competitively.
He, however, reaffirmed the optimism of the NCAA in workable and realistic outcomes from this summit that will cause the much-sought paradigm shift in aircraft acquisition and aviation investment, and expressed deep appreciation for foresight and doggedness of our Honourable Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN) in conceptualizing the uniquely defined summit.
