A Businessman and Technology expert, Danjuma Audu is soliciting for more participation in business aviation as a means of saving business time with the enablement of an efficient transportation and logistics system.
Audu said as Nigeria grows economically, business aviation is becoming a major force in opening up the path to the country’s economic expansion and diversification.
He explained that business aviation is today, “more than a luxury; it is a vital leveraging tool that facilitates extra competitive advantage with regards to efficiency in transportation and logistics”.
Noting further that with business aviation, business leaders can get to their destinations faster and more efficiently whilst maximizing the time spent onboard for further business activities.
“The Compound Annual Growth Rate (CAGR) of business aviation is rising throughout West Africa, and Nigeria is leading the way in this expansion, exhibiting exceptional dominance in the industry. Nigeria’s thriving business aviation industry has spurred growth in a number of related businesses.
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“The rise and spread of Training Schools, Catering Businesses, Aircraft Maintenance Organizations, and Continuous Airworthiness Maintenance Organizations are clear examples of the knock-on effects. The mutually beneficial association observed in the value chain highlights the significant influence of business aviation on the wider economic environment.
“Furthermore, over the past decade, the industry has played a key role in creating a significant number of job possibilities, which have in turn encouraged the emergence of completely new industries”.
He noted that business aviation offers a wide range of professions, including engineers, pilots, flight attendants, and dispatchers, substantial career progression opportunities.
“Notwithstanding these accomplishments, there is an urgent need to change the narrative to avoid making claims that can unintentionally erode investor and customer confidence.
“It is imperative that governments prioritize actions that aim to establish an enabling climate for the sustainable development of the industry, instead of endorsing rhetoric that may impede growth” Audu cautioned.
He viewed that indeed, the government may have become critical of the sub-sector due to the recent statements and actions of key decision makers on the country’s aviation sector.
Business aviation refers to both owned and chartered aircraft use for various purposes. It is an exclusive aviation segment compared to commercial aviation which offers mass access.
“To realize this emerging industry’s full economic potential, stakeholders must work together harmoniously by establishing a path for equitable growth and sustainable development as a result”, the Expert stated.
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