AWG Awards Nigeria 70.5 In Latest Global Compliance Assessment

AWG Awards Nigeria 70.5 In Latest Global Compliance Assessment

The Aviation Working Group; Co-chaired by Boeing and Airbus, has adjusted the global rating of Nigeria and her compliance status from 49 to 70.5.

The score, which is said to be highest attained by Nigeria till date, is expected to give comfort to financiers and the leasing world.

According to a statement in Abuja in Wednesday night by the Media Aide to the Minister of Aviation and Aerospace Development, Tunde Moshood, the adjusted rating was in response to Nigeria’s attempt to fully comply with the Cape Town Convention (CTC) on dry-leasing of aircrafts by preparing and signing the Practice Direction.

The statement also stated that there is potential for further increase in the next few weeks as the Minister has directed the Nigeria Civil Aviation Authority (NCAA) to adjust its administrative rules called IDERA to also fully align with the Convention to further boost the confidence of financiers and lessors across the world.

In an email received on Wednesday evening, the Aviation Working Group in London and New York commended the Minister of Aviation and Aerospace Development, Festus Keyamo and his team for the tme, effort and skill put in the last few months into making the new score a reality.