The Nigerian aviation industry contributed $685 million to the country’s Gross Domestic Product, GDP, in 2015, the Managing Director, EAN Aviation, Olusegun Demuren, has said.
Demuren made the revelation at the Nigerian Business Aviation Conference 2016, held in Lagos.
The conference tagged “ Sustaining Nigeria’s Position on the Africa Business Aviation Landscape “ emphasized the need for Africa governments to enact enabling legislations to make aviation contribute more to the economic growth of the continent as it has been witnessed in other continents.
Demuren said business aviation, which comprised chartered and private jet operators contributed 25 per cent out of the total $685 million the sector contributed in 2015.
He however added that there is need for more operators to come in to the burgeoning business aviation sector.
