• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, November 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Akwa Ibom Aircraft Maintenance Facility To End $2.5bn Yearly Capital Flight

by Yusuf Babalola
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The completion and certification of the Akwa Ibom state owned Maintenance Repair and Overhaul (MRO) facility by the Nigeria Civil Aviation Authority (NCAA), will save indigenous airline operators and the nation’s economy $2.5 billion yearly capital flight.

Advertisement

LEADERSHIP reports that the Akwa Ibom state MRO facility situated at the Victor Attah International Airport, Uyo would oversee the maintenance of commercial airplanes operating in the country which costs Nigeria about $2.5 billion in capital flight yearly.

The lack of high-capacity MROs in the country is one of the perennial hurdles before local airlines’ operations as the mandatory maintenance programme, ranging from minor to complex checks per session on an aircraft, costs about $2 million, and a cumulative burden on the industry that charges in naira.

Advertisement

However, to change the narrative, the Akwa Ibom state government in 2012 commenced work on the MRO facility. By design, the Ibom MRO is intended to be the fourth largest in Africa, and next to continental leaders in Johannesburg (servicing South African Airlines), Addis Ababa (Ethiopian Airlines) and Cairo (EgyptAir).

The state-owned edifice is designed to complement Ibom Air, local airlines’ operations, and by extension, cater for maintenance needs of airlines in the West and Central African region.

Speaking to journalists, the chief operating officer (COO), Ibom Air, George Uriesi, said the Ibom MRO would compete with any maintenance facility globally.

RELATED NEWS

Keystone Bank Wins ‘Best Bank In MSME Finance’ Award As MD Emerges ‘CEO Of the Year’

NNPCL Targets 20% Stake In Dangote Refinery

Glo Unveils “Collabo Bundles” to give More Value to Voice, Data Users

Aviation Handling Company Grows Profit To N18bn In Q3

“It is like the MRO facility you find everywhere in the advanced world. Ours is one of the top four in Africa. It is massive; it can take two 747-800 airplanes side-by-side with hangar doors shut and in climate-controlled ambience. In the same vein, the MRO can take eight of our Airbus A220, as well as 10 of our CRJ-900, all at once.

“So, the facility is really large and it’s what other major world airlines have. The capacity depends on the aircraft you are maintaining per time. For instance, we are carrying out line maintenance on our A220 fleet. We can have eight of them at a go. That is a huge capacity, and it goes for aircraft types in the range of A320 and Boeing 737 series,” Uriesi said.

The COO reckoned that an MRO of that size and capacity is a gamechanger for the aviation industry and particularly for Ibom Air. Besides the costs of overseas maintenance, the local capacity will also change the narrative of having multiple Aircraft on Ground (AOG), and job creation in the air transport sector.

Uriesi said, “The MRO facility is very important, not just for Ibom Air or Akwa Ibom State, but for Nigeria. It is the only major facility in West and Central Africa, but more than that, it presents the opportunity for us to pivot into a different area for aviation.

“Because all the facilities and parts – from wheels to aircraft brakes, tyres, all the different avionics, shocks, and all other things that have not existed in Nigeria at this scale before – will be provided for.”

“So, we have the opportunity to provide MRO services to all airlines in West and Central Africa. We intend to create a centre of excellence that will enable us to provide services that our airlines have flown across the world to get,” Uriesi said.

For sustainability, the Ibom Air Development Company will be partnering with Airbus Consulting to operate the facility.

“Airbus Consulting is developing the business plan for optimal use of this facility, and they are impressed with what we have done. We plan to maintain our A220 and CRJ 900. When we have the business plan, it allows us to know what to further invest in, airlines and aircraft to target. As it stands, the MRO is roaring to go once the certification is done,” Uriesi said.

 

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Keystone Bank Wins ‘Best Bank In MSME Finance’ Award As MD Emerges ‘CEO Of the Year’
Business

Keystone Bank Wins ‘Best Bank In MSME Finance’ Award As MD Emerges ‘CEO Of the Year’

6 hours ago
NNPCL, Dangote, Retailers Agree To End Fuel Supply Crisis
Business

NNPCL Targets 20% Stake In Dangote Refinery

13 hours ago
Nigerian Army Signals School Seeks Partnership With Glo
Business

Glo Unveils “Collabo Bundles” to give More Value to Voice, Data Users

20 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Peace In Sudan? 3 Reasons Why Mediation Hasn’t Worked So Far

2 hours ago

Fear Grips Benue Community After Suspected Herdsmen Kill 7 Farmers

2 hours ago

Plateau Councils Award N700m Contract For Lab Construction In Varsity

2 hours ago

Coalition Endorses Tinubu For 2nd Term

2 hours ago

Centre Pushes For Access To Swift Justice

2 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.