• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Aviation, Cargo Conference holds September

Aviation

The Matters Press by The Matters Press
July 4, 2022
Reading Time: 3 mins read
0
Buhari underscores the opportunities in a single African air transport

The second edition of Aviation and Cargo Conference (CHINET) is to hold from September 7th and 8th 2022.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

This was disclosed by Amb. Ikechi Uko, CHINET organiser, in a statement on Monday.

Uko said that the 2022 CHINET conference will engage experts who will help exporters take advantage of the emerging availability of capacity and airports to grow export capabilities.

He said the event had been broken into 3 sections to address : “The Role of Insurance in Aviation”; “The inherent Opportunities of Cargo Airports to Support Export in Nigeria” and “The Regulation of Air Cargo in Nigeria”.

” The session on Airports will give opportunity to the Cargo Airports in Nigeria to make presentations on their capacities and inherent opportunities at the Airports.

” In 2022, over 6 new cargo airports have opened or about to open across the country, most owned by states, we will be addressing the enterprise plans for these airports and how they grow Aviacargo using their business plan.

” The 2022 edition will have foreign participants for the first time.

” This year’s event with the theme: “The Role of Insurance and Regulation in Growing Aviation and Cargo Business in Nigeria”, is expected to build on the successes recorded at the last event and also address the challenges thrown up during the last conference,” he said.

Uko noted that the conference was such that brings exporters, Cargo Managers, Logistics firms, airlines, airport, customs, insurance firms and everyone in the aviation and cargo ecosystem to chart a pathway that enabled Nigerians to export more through airports.

” We learnt a lot from the last event and are planning to work on the observed issues to help improve the Situation.

” We have already engaged stakeholders to find a profitable route to growing and scaling the aviacargo value chain in Nigeria through the airports.

” The last communique threw up many challenges and observations which will be addressed at the year’s event.

” It was observed that Nigeria is still categorised as a high risk country for Aviation.

” The insurance premiums for airlines operating in Nigeria are higher than in other countries, this increases the cost of doing aviation business in Nigeria,” he said.

According to him, stakeholders opined that the National Insurance Commission (NAICOM) should fine-tune their tier-based proposal for insurance companies so that their risk appetite will be determined by the capital they deploy for business.

He said it was also suggested that insurance practitioners should start to specialise for improved technical knowledge and robust underwriting of aviation policies.

He explained that in addition, stakeholders at the first edition of Chinet noted that Nigerian laws on cargo exportation and importation wee not in tandem with the development around the world.

” He said this was giving investors massive challenge and was killing cargo exportation in the country.

” Moreso, over regulation in Nigeria’s export environment is inhibiting the growth of the sector.

” Insurance is an integral aspect of any business ecosystem and plays a vital role in mitigating the inherent risks associated with running the business, especially as it relates to aviation and cargo.

” Nigerian airlines have been a victim of high insurance premium due to some factors bedevilling the aviation sector.

” Also, there is growing complaints of exploitation of airlines by Nigerian insurance companies.

” Nigerian airlines alleged that the law preventing them from using foreign insurers is prohibitive and is now a weapon of intimidation by Nigerian Insurers who lack the capacity to insure brand new aircraft but charge high premium,” he said.

Uko noted that it was alleged that Nigerian airlines pay the highest premiums in Africa.

He said the role of air accidents and investigations on high insurance premiums will be examined and addressed.

Uko congratulated Chief Babajide Olatunde-Agbeja of BOFF &Co Insurance Brokers on his Election as the new President of the African insurances Brokers Association AIBA.

Olatunde-Agbeja, the partner for the Aviation and Cargo Conference is a thorough bred insurance guru of many years and an experienced aviation insurance expert.

Tags: Aviation
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

How fuel queues in Abuja is being tackled

800 firms compete to manage gas flare sites

Nigerian content ministerial regulations to strengthen oil, gas industry – NCDMB

Recommended Stories

Dangote Cement commences Tranche II share buyback

Court stops Kogi from shutting down Dangote Cement, others

October 26, 2022
Dangote refinery will contribute to Nigeria’s economy growth

Dangote Petroleum Refinery begins production of diesel, aviation fuel

January 13, 2024
Sukuk peaks, more profitable in Nigeria despite opposition

Benin-Lokoja road for completion in 6 months

March 22, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us