The federal government has said it will go ahead with the establishment of the aviation leasing firm and a maintenance and repairs facility in Nigeria. The Minister of State for Aviation, Hadi Sirika, who made this known while receiving the Outline Business Case certificates for the proposed Aviation Leasing Company and the Maintenance, Repair and Overhaul facility by the Infrastructure Concession Regulatory Commission (ICRC) in Abuja, added that with the certificates, the TAs would be empowered to take further steps in their duties.
With the recent announcement of ALC and MRO as transaction advisers for the ALC and MRO of the project, Mr. Siriki, added that the latest acquisition would enable the government begin work on the procurements for the ALC and MRO and thanked the ICRC for making sure that the certificates were issued the government after all due process were completed.
“We are now waiting to go to procurement and I can assure you that we will deliver on the National Carrier before December 2018. We will ensure that it is transparent and for the interest of all Nigerians”. He commended the ICRC delegation for the presentation of the certificates saying that the “company which will provide leasing services will indeed boost the operation of airlines in Nigeria.”
The Acting Director-General, Infrastructure Concession Regulatory Commission (ICRC) , Chidi Izuwah, said the MRO was the most important link in the aviation value chain as the major consideration in the industry was safety saying that an estimated 70 per cent of commercial aircraft in Nigeria were leased.
