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Reading: IATA Commends Nigeria for Clearing the Backlog of Foreign Airlines Trapped Funds
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Democracy Newsline Newspaper > News > News > IATA Commends Nigeria for Clearing the Backlog of Foreign Airlines Trapped Funds
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IATA Commends Nigeria for Clearing the Backlog of Foreign Airlines Trapped Funds

Democracy Newsline
Last updated: 2024/07/03 at 12:10 PM
Democracy Newsline 1 year ago
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IATA Commends Nigeria for Clearing the Backlog of Foreign Airlines Trapped Funds

…Keyamo advocates the inclusion of African Foreign Affairs Ministers in Driving the Full Implementation of the Single African Air Transport Market [SAATM]

The International Air Transport Association (IATA) has commended the Nigerian Government for clearing the backlog of foreign airlines trapped funds of over $831 million United States Dollars, within the short time of the current administration in office.

Keyamo with the Nigerian Delegates at the Conference 

The commendation was made by Mr. Kamil Al-Awadhi, the Regional Vice President, Africa and Middle East of IATA, during his opening welcome address on Tuesday, 2nd July, 2024 at the ongoing IATA Wings of Change Focus Africa holding in Johannesburg, South Africa. Kamil, while noting the negative impacts of foreign airlines, trapped funds in some countries singled out Nigeria and commended the swift manner the Government of Nigeria addressed the issue, thereby bringing confidence in Nigeria among the comity of nations in the global civil aviation. This remark of his was well applauded by participants ranging from top government functionaries, airlines representatives, air navigation service providers, international and regional associations, aircraft manufacturers, and other stakeholders in the global civil aviation realm.
Meanwhile, the Honourable Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, CON, SAN, FCAirb, while making his contribution during the plenary discussion on the implementation of the Yamoussoukro Declaration (YD) and the Single African Air Transport Market (SAATM) advocated the inclusion of African Foreign Affairs Ministers in driving the full implementation and operationalisation of the YD and SAATM. He stated that for the fact that African Ministers of Foreign Affairs are responsible in drawing the Agenda of the African Union (AU) Summit, it was highly expedient for them to be sensitized of the need to bring the issue of YD and SAATM to the front burner for a political decision to be taken, once and for all by African leaders, in order to surmount the problems besetting their full operationalisation. He averred that YD and SAATM were not for African Ministers responsible for civil aviation to drive alone. In his words “To make SAATM work, it is not African Civil Aviation Ministers alone to drive them, we neeed to mobilise the Afican Union to remove the domestic restrictions, as the political leaders in Africa are the ones bestowed with the power to give directive to their Ministers on the way forward”. The recommendation was well taken by participants as the best way to go in driving the successful operationalisation of the two progmmes geared towards connecting Africa and grow civil aviation in the continent.
The IATA Wings of Change Focus Africa Conference themed “Towards a More Resilient and Sustainable African Aviation” serves as a premier industry event in Africa, gathering aviation leaders, regulators, and subject matter experts to engage in discussions on the key challenges and opportunities in air transport started on 2nd July and would end on 3rd July 2024.

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