In a significant development for trade and logistical connections between Nigeria and Saudi Arabia, the Minister of Aviation, Festus Keyamo, has revealed plans to resume cargo flights between the two nations.
This announcement came during the 3rd ministerial updates on Monday in Abuja, where Keyamo outlined the achievements of the aviation sector.
Keyamo disclosed that the decision to resume cargo flights was finalized following his recent visit to Saudi Arabia, where he held discussions with his counterpart.
He expressed optimism about the collaboration between Nigeria and Saudi Arabia, emphasizing the importance of restoring cargo services to boost trade relations.
The minister highlighted the prolonged suspension of these flights but assured that with the new agreement, cargo services would soon be restored, facilitating the movement of goods between the two countries.
Additionally, Keyamo addressed another critical issue concerning the clearance of foreign airlines’ funds trapped in Nigeria.
He affirmed that the Federal Government has successfully cleared a longstanding backlog of trapped funds for foreign airlines, leading to positive outcomes for the aviation industry.
This development has already seen the return of Emirates Airlines to Nigerian skies, with plans to recommence flights to Nigerian airports starting from October 1, 2024, after a hiatus from Nigeria.
The Central Bank of Nigeria (CBN) had previously announced the conclusion of payments to all verified claims by foreign airlines, with the total verified amount paid to the air transport sector reaching $136.73 million.
This milestone signifies a significant step towards enhancing financial stability and fostering robust international relations in the aviation industry.