Home Business VIDEO: Nigeria’s Aircraft Leasing Company To Offer Tax Holidays — Keyamo
VIDEO: Nigeria’s Aircraft Leasing Company To Offer Tax Holidays — Keyamo

VIDEO: Nigeria’s Aircraft Leasing Company To Offer Tax Holidays — Keyamo

by Blessing Adeiyi
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Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has called for the removal of barriers hindering air travel across Africa, urging countries on the continent to reduce taxes and charges on air tickets.

Speaking on the sidelines of the inaugural African Air Transport Conference in Lomé, Festus Keyamo said lower travel costs would make air transportation more accessible to millions of Africans.

The minister also expressed support for efforts aimed at achieving a visa-free Africa, noting that easier movement across borders would strengthen connectivity, trade and tourism on the continent.

Keyamo further disclosed that Nigeria is establishing an aircraft leasing company to support airline fleet renewal. According to him, the initiative will be backed by government-approved tax holidays and other incentives to attract investors and ease the financial burden on local carriers.

Watch the video below:

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