Get Guardian on GoogleManaging Director of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has said Nigeria’s aviation sector is one of the most attractive investment destinations in Africa.
She mentioned strong market fundamentals, government reforms and expanding infrastructure as some of the opportunities that abound in the sector for investors.
Speaking at the Nigerian Aircraft Acquisition and Investment Summit, held over the weekend in Lagos, Kuku said Nigeria’s large population, growing middle class and strategic geographic position made it a natural hub for air transport in West and Central Africa.
According to her, the country’s aviation industry had shown resilience in recent years, with recovering passenger load factors, rebounding routes and increasing interest in new connections.
Kuku further emphasised that investor confidence in the sector was being strengthened by clear government policies focused on infrastructure modernisation, safety, and private sector participation.
She said FAAN had aligned with the Federal Government’s agenda to expand airport infrastructure, improve regulatory compliance and attract private capital through transparent processes.
She added that ongoing reforms, including airport digitalisation and improved inter-agency coordination, were aimed at reducing operational bottlenecks and enhancing service delivery.
The FAAN boss declared that airports were no longer being viewed merely as infrastructure, but as platforms for economic value creation.
Kuku identified key investment opportunities across Nigeria’s airports, including terminal upgrades, cargo and logistics hubs, commercial real estate and technical services such as maintenance and training facilities.
