Nigeria scales up ranking to 70.5 in global aviation compliance
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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 signed 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.
The Aviation Working Group in London and New York also yesterday commended the Minister of Aviation and Aerospace Development, Festus Keyamo and his team for the time, effort and skill put in the last few months into making the new score a reality.The group also said they are poised for further increase of the score once Nigeria adjust its administrative rules in the next few weeks and the courts actually begin to apply the Practice Direction.
