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Upgrade, Maintain Airport Infrastructure, Okonjo-Iweala Tells FG
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April 1, 2026
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April 1, 2026
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8:05Now PlayingDirector-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has advised the Federal Government to invest in the upgrading and maintenance of the country’s airport facilities.
She gave the advice on Wednesday at the Aircraft Acquisition and Investment Summit held in Lagos.
According to her, for a country such as Nigeria seeking to move up the global value chain, upgrading and maintaining its existing airport infrastructure “is not optional but a prerequisite.”
“Invest in the aviation eco-system to match and compete with the global aviation sector.
“This means acquisition of new aircraft and investment in airport infrastructure, which should be complemented by a strong maintenance culture”, she said.
She advised the Federal Government to call for private partnerships.
“The good news is that the burden need not be borne by government alone. This calls for public-government partnerships. Private financing needs to be mobilised for modernisation of airport infrastructure.”
She also called for a review of rising fuel, taxes, and airport charges, which, according to her, could lead to higher operating costs for airlines.
“The full costs need to be reexamined – fuel costs, airport taxes, levies and charges”, she said, adding that an enabling business environment needs to be created to boost investors’ confidence.
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