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FG targets 3% aviation contribution to GDP

FG targets 3% aviation contribution to GDP

The Federal Government has set a target of three per cent contribution to the country’s Gross Domestic Product by the aviation sector by 2013.

The Minister of Aviation, Ms Stella Oduah, who stated this at a ministerial platform in Abuja on Monday, added that the Federal Government had spent N6.7bn on the remodelling of 11 airports across the country.

As part of measures to enhance the capacity of the aviation sector to meet the GDP target by 2013, Oduah said the revenue collecting processes in the sector had been automated.

She said, “The ministry has implemented programmes in all aviation sector agencies to transform them into efficient and self sustaining institutions.

“We have enhanced internally generated revenue through automation of revenue collection processes and projected the revenue profile from N70bn to N120bn and a contribution of three per cent to the national GDP by the end of 2013. We are working in conjunction with industry players to bring our revenue generation activities to meet international best practices, using the International Air Transport Association platform.”

On the remodelling and reconstruction of airports, Oduah said the Federal Government had spent N6.7bn on the first phase of the project.

Under the first phase, the Kano, Kaduna, Jos, Enugu, Owerri, Benin, Calabar, Port Harcourt, Lagos and Abuja airports have been remodelled.

The second phase of the project, which will cover the Maiduguri, Katsina, Sokoto, Akure, Ibadan, Bauchi, Ilorin, Lagos and Jalingo airports, according to the minister, will begin in June.

The remodelling and reconstruction of airport terminals, she said, would ensure the expansion of their capacities to meet passenger traffic.

The minister said 14.6 million passengers used airports scattered across the country in 2011, while 122,700 tonnes of cargo were moved within the year.

Oduah said in order to expand the international air traffic at the Nnamdi Azikwe International Airport, Abuja, the Federal Government would construct a second runway.

 

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