Photo caption : From left to right: Chief Babajide Olatunde-Agbeja, Chairman Boff & Co. Insurance Brokers Ltd., Mr. Shadrach Adegoke of AIICO Insurance Plc., Mr. Ikechi Uko the conference organizer, Mr. Segun Omosehin, the Commissioner for Insurance, Ms. Omowale Olatunde-Agbeja,, Acting MD. Boff & Co. Insurance Brokers Ltd., Mr. Abedeen Musa, ED, NSIA Insurance Co. Ltd. And Mr. Jimalex Orjiako, ED, Consolidated Hallmark Insurance Co. Ltd at the 4th Chinet AviaCargo Conference 2024 in Lagos yesterday.
…Commends Organisers Of AviaCargo Conference For Providing Partnership Platform
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo has stated that with the right infrastructure and regulatory environment Nigeria’s agricultural exports can reach global markets faster, fresher, and more competitively.
Keyamo stated this while delivering his keynote remarks at the 4th Chinet AviaCargo Conference 2024 in Lagos yesterday.
He pointed out that recognising the immense opportunities within the cargo sector, the Ministry of Aviation and Aerospace Development has taken proactive steps to ensure that Nigeria does not just participate in the global cargo market but leads it, adding that this has led to the establishment of a dedicated Cargo Directorate within the Federal Airports Authority of Nigeria (FAAN).
Keyamo, who was represented by his Special Adviser on Service Delivery, Janet Okputa explained that the directorate is tasked with implementing far-reaching policies and programmes that will catalyse the growth of Nigeria’s air cargo industry.
These initiatives, the Minister said are designed to streamline operations, enhance infrastructure, and foster partnerships that will make Nigeria’s airports and logistics hubs the preferred gateways for cargo in the region.
According to him, “A vibrant cargo sector offers numerous benefits to our economy. It is a critical enabler of trade, facilitating the efficient movement of goods across borders and opening up new markets for Nigerian products. with the right infrastructure and regulatory environment, our agricultural exports, for example, can reach global markets faster, fresher, and more competitively. Furthermore, a robust cargo industry will stimulate the growth of ancillary services, from warehousing to logistics, creating a ripple effect of economic activities that will significantly contribute to our GDP.”
Speaking further, the Minister said that the realisation of this vision, however, requires more than just policy frameworks as it also necessitates the active collaboration of all stakeholders.
“I am optimistic that with the support of industry leaders, regulatory bodies, financial institutions, and international partners, we can drive the cargo industry into a multi-billion-dollar sector that will be the pride of our nation.”
He said that he expects that the discussions and deliberations at this conference will not only highlight the challenges the Nigerian air cargo business face but also propose innovative solutions that will accelerate the growth of the AviaCargo sector in Nigeria.
The Minister urged participants to engage in open dialogue, share their expertise, and collaborate on actionable plans that will move Nigeria closer to its shared vision.
He reiterated the Federal Government’s unwavering commitment to supporting the growth of the air cargo sector, while encouraging participants to build a thriving industry that will not only boost the country’s economy but also place Nigeria at the forefront of global cargo and logistics.
Keyamo commended the organisers of the conference, saying that the AviaCargo conference is a crucial platform for creating partnerships and aligning strategies with global best practices.
The AviaCargo conference gathering, he said, is a testament to the shared vision and relentless commitment of all stakeholders to propel Nigeria’s aviation and cargo sectors to unprecedented heights.
“I extend my heartfelt commendation to the organisers of this prestigious conference, particularly Chinet, for their pivotal role in advancing the AviaCargo industry in Nigeria. Your efforts have not only fostered collaboration but also set a clear path for the sustainable growth of this vital sector.
“As we convene here today, we are united by a common goal: to unlock the full potential of the air cargo sector in Nigeria and transform our nation into the cargo hub of West Africa.”
“This vision is not just an aspiration but a strategic imperative that will drive economic growth, create jobs, and enhance Nigeria’s standing in the global logistics and supply chain ecosystem,” he said.
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