Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Keyamo unveils plans for local aircraft manufacturing

XeJet partners to boost Nigeria's aviation

Credible News by Credible News
January 22, 2025
in Development, Economy, Human Interest, News, Travel
0
UAE to lift visa ban on Nigerians soon — Keyamo
0
SHARES
9
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed the Federal Government’s plan to establish an aircraft manufacturing company in Nigeria

He explained that this initiative aligns with the government’s vision to support local players and enhance the country’s aviation sector.

Keyamo shared this information during the unveiling of XeJet’s Maintenance, Repair and Overhaul, MRO, facility and flight support center in Abuja.

READ ALSO: Visa applications goes online by March 1, says FG

The facility represents a partnership between XeJet and local banks, aimed at positioning Nigeria as a regional aviation service hub.

Keyamo stated: “Since we assumed office, our focus has been on attracting MRO facilities into our aviation ecosystem, similar to what exists in other parts of the world.

“We have searched extensively for investors, but now we realize that the solution we sought abroad is right here at home. This collaboration between a local operator and Nigerian banks is truly a dream realized.”

Highlighting the project’s importance, the minister pointed to the addition of various facilities, including a training center, calling it “a significant achievement.”

Keyamo added: “This project will not only benefit Nigeria but will also attract customers from the entire West African region. The goal is to turn this facility into a regional center of excellence.”

Discussing the broader vision, XEJet’s CEO, Emmanuel Iza, emphasized plans to place Nigeria on the global map for aircraft manufacturing, repairs, and operations.

“The vision is ambitious. Our goal is to contribute to aircraft manufacturing, even if it involves just components like wings, landing gears, or tires.

“Nigeria has the talent and capability; we only need the right environment and facilities to make it a reality,” he explained.

Iza also discussed the significant employment opportunities the multi-million-dollar project is expected to create, saying: “Currently, XeJet employs about 300 people. With this new facility, we plan to increase that number fourfold.

“The first phase will involve site preparation, including leveling the ground and building a taxiway to connect the runway to the facility, which is estimated to cost $5 million. The construction of the facility itself will require an equal investment.”

 

Crediblenewng.com

 

Tags: AircraftAirlinesFestus Keyamo SANFGLocal banksXEjet Airlines
Previous Post

DSS files terrorism charges against activist Shehu

Next Post

CJTF leader dies after bomb explodes in Borno

Credible News

Credible News

Next Post
CJTF leader dies after bomb explodes in Borno

CJTF leader dies after bomb explodes in Borno

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
16 political parties withdraw from Osun LG poll

INEC registers 3.7m new voters

April 18, 2026
Former Senate President Dr. Bukola Saraki and former Kwara State Governor Abdulfatai Ahmed

Saraki, Ahmed to face court June 4 over Offa robbery

April 18, 2026
Executive Chairman of FCCPC, Mr. Tunji Bello

FCCPC denies ban on airtime borrowing

April 18, 2026
Insurance stocks trade 481m shares on NGX

Stock market goes bullish, investors gain N3.391tr

April 18, 2026

Recent News

16 political parties withdraw from Osun LG poll

INEC registers 3.7m new voters

April 18, 2026
Former Senate President Dr. Bukola Saraki and former Kwara State Governor Abdulfatai Ahmed

Saraki, Ahmed to face court June 4 over Offa robbery

April 18, 2026
Executive Chairman of FCCPC, Mr. Tunji Bello

FCCPC denies ban on airtime borrowing

April 18, 2026
Insurance stocks trade 481m shares on NGX

Stock market goes bullish, investors gain N3.391tr

April 18, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

16 political parties withdraw from Osun LG poll

INEC registers 3.7m new voters

April 18, 2026
Former Senate President Dr. Bukola Saraki and former Kwara State Governor Abdulfatai Ahmed

Saraki, Ahmed to face court June 4 over Offa robbery

April 18, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.