… as NAICOM, NEPZA, FAAN lead discussions

The future of cargo airports and their viability will be the focus of Day 2 at Chinet 2022 event scheduled to hold on the 7th and 8th of September 20222 in Lagos.

According to the organisers, Captain John Okakpu, an export guru and the driver of many agro-export projects in Nigeria will head the discussions on the viability of these airports and their utilisation for agro-exports.

13 federal airports have been designated as cargo airports and five have recently been listed for concessioning. About 10 state owned cargo airports are also coming on stream.

How does Nigeria harmonise and utilise these assets to grow agro-exports will be the topic of discussion by a high quality panel assembled by the organisers at the second edition of Chinet aviation and cargo conference.

The event is expected to have in attendance captains of industries in aviation, logistics, exports, transport and government agencies in export related fields.

Chinet 22 will also discuss the role of cargo airports, insurance and finance in the development of a National Aviacargo Export Master Plan for Nigeria.

The regulators and operators of the Aviacargo ecosystem in Nigeria are confirming their participation in the event. This includes the National Agency for Food and Drug Control (NAFDAC), the Federal Airports Authority of Nigeria (FAAN), the Nigerian Export Processing Zone Authority (NEPZA) and the National Insurance Commission (NAICOM).

The first day of the event will dwell on financing of aviation and cargo in Nigeria with insurance being a key issue for discussion.

The financing session involving airlines and banks will be moderated by Doctor Alex Nwuba, a pilot, airline operator and a financial advisor.

Leading insurance heavyweights have been lined up to discuss the role of insurance in the growth of aviation and cargo in Nigeria.

Leading the pack in the insurance sector is the newly elected President of the African Insurance Brokers Association (AIBA) and Chairman, Boff & Co. Insurance Brokers Ltd, Chief Babajide Olatunde-Agbeja, a seasoned expert in the industry.

Olatunde-Agbeja is a thoroughbred insurance guru of many years and an experienced aviation insurance expert.

The executives of leading insurance companies and top insurance brokers are expected to join NAICOM to discuss the roles of the different components of insurance in the development of aviation in Nigeria.

The insurance session will be driven by two lead speakers and discussants of the highest caliber and would be the most robust discussion on insurance and aviation in Nigeria.

Airline executives will be on hand to discuss with the insurance gurus in what promises to be an educational session. Nigerian airlines have been victims of high insurance premiums due to some factors bedevilling the aviation industry.

There is a growing perception of exploitation of airlines by Nigerian insurance companies.

Nigerian airlines allege that the law preventing Nigerian airlines from using foreign insurers is punitive and is now a weapon of intimidation by Nigerian insurers who lack adequate capacity to insure a brand new aircraft but still charge high premiums.

It is alleged that Nigerian airlines pay the highest premiums in Africa.

All these and more would be addressed by the conference, according to the organisers.

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