Aviation sector reforms long overdue - News Summed Up

Aviation sector reforms long overdue


This national embarrassment reflects the crisis of infrastructure and inefficiency in the troubled domestic aviation sector and makes urgent reforms imperative to reposition it to reap its immense potential. But characterised by low investment, inefficiency, maladministration, corruption, and politicisation that underpin state-run bureaucracy, Nigeria’s aviation sector grossly under-performs. Only two are turning in worthwhile profits – the MMA and the Nnamdi Azikiwe International Airport, Abuja. They are business enterprises better run by the private sector in a liberalised operating environment. Aviation Benefits says the global aviation sector supports $3.5 trillion (4.1 per cent of global GDP) in economic activity.


Source: Punch July 01, 2021 23:13 UTC



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