• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • 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.

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.

RELATED

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

16 hours ago
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

17 hours ago

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

“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.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

NURTW Alleges Plot To Attack National Secretariat

Next Post

Tunji-Ojo: The Rise Of A Political Enigma

Yusuf Babalola

Yusuf Babalola

You May Like

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth
Business

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

2025/06/07
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities
Business

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025/06/07
FCCPC To Prosecute PoS Operators Over Service Price Fixing
Business

FCCPC Sets Up Committee For Anti-counterfeit Portal

2025/06/07
Asharami Energy Commits To Local Capacity Devt, Sustainable Growth
Business

Asharami Energy Commits To Local Capacity Devt, Sustainable Growth

2025/06/07
BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU
Business

BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU

2025/06/07
Centre Partners Niger Delta Varsity On Marine Training
Business

Centre Partners Niger Delta Varsity On Marine Training

2025/06/07
Leadership Conference advertisement

LATEST

Boko Haram Abducts Catholic Priest, 9 Others, Kills 1 In Borno

Katsina Govt Moves Against Threats To Peace, Stability

Delta Govt Approves Repair Of Palace Road, N6.7bn UBEC Grant

HURIWA Urges Federal Gov’t To Immortalise Mike Ejeagha

NDDC Will Sustain Support For Digital Transformation In Niger Delta, Says Ogbuku

Gov Eno’s Defection Will Unlock Opportunities In South-South – Okpebholo

No Trust, No Police

Risk Managers Seek Review Of Nigeria’s Early Warning Systems

$300m AMCE To Curb Medical Tourism Drain

COAS Lauds Army Veterans, Reaffirms Support For Welfare

© 2025 Leadership Media Group - All Rights Reserved.

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

© 2025 Leadership Media Group - All Rights Reserved.