With a population of close to 200 million people and rounding up to about 40 per cent of Africa’s population, Nigeria remains one of the world’s biggest aviation markets. In this report, SAMSON ECHENIM looks into the recent plan to concession the country’s four major international airports and other plans of the federal government to reposition the country’s aviation industry.
The aviation industry for nations is like the web that connects all other sectors of the economy to the engine room of the nations. It does not stop there. It also connects countries and continents, eliminating economic and physical boundaries and cementing successful business across the globe.
The contributions of aviation to the world’s super powers remain obvious and still very relevant to the sustenance of growth in those countries.
According to an industry report obtained from the aviationbenefits.org, air transport supports 36.9 million jobs and $656 billion in gross domestic product (GDP) in developing countries. The air transport industry in developing countries directly generated an estimated three million jobs in 2012, with airlines generating 789,000, which is 26 per cent of the total. Airport operators generated 299,000, indicating 10 per cent, while other on-airport services provided 1.5 million jobs reaching 51 per cent of the total job figure in developing countries. The civil aerospace took up some 299,000, about 10 per cent, leaving 95,000 to air navigation service providers, which filled up the remaining three per cent.
Including indirect and induced impacts, the air transport sector supported eight million jobs and contributed $365
Article source: http://leadership.ng/business/531508/ministerial-plan-aviation-sector-assessment
