Business
BINANI AIR engages global firm for Abuja mega MRO targets N218m annual FX retention
BINANI Global Air Services has engaged a global aviation firm for the development of a mega Maintenance Repair and Overhaul facility in Abuja, with the project expected to help retain about 218 million dollars in foreign exchange annually within Nigeria.
The Chairperson of BINANI AIR, distinguished Senator Aishatu Dahiru Ahmed, disclosed this while speaking on the significance of the proposed facility to the Nigerian aviation industry.
Sen. Aishatu said the project is in line with President Bola Ahmed Tinubu’s renewed hope agenda to strengthen Nigeria’s aviation sector by boosting local maintenance capacity and aims at reducing the country’s dependence on foreign maintenance centers where Nigerian airlines currently send aircrafts for major maintenance checks.
She revealed that, “Currently, domestic airlines outsource the vast majority of their heavy maintenance checks, such as C checks and D checks, to foreign facilities in Europe, the Middle East, and other African nations like Egypt and Ethiopia. This project will reduce this dependency while retaining and attracting FX of about 218 million US dollars annually.”
The development comes against the backdrop of persistent concerns over the cost of aircraft maintenance and the dependence of Nigerian airlines on foreign maintenance facilities. Major maintenance checks, particularly C checks and D checks, require specialized infrastructure, equipment, and highly skilled personnel. In the absence of adequate local capacities, airlines are forced to seek such services outside the country, with the associated costs paid in foreign currency.
Industry observers say a functional heavy maintenance facility in Nigeria could therefore provide more than just a solution to an airline’s operational needs. It could help deepen technical capacity, create specialized jobs, and support the development of an aviation maintenance ecosystem.
The facility could also position Abuja as a potential maintenance hub for airlines within Nigeria and other parts of Africa, depending on its eventual capacity and certification.
For BINANI AIR, the proposed investment represents an expansion beyond its role as a domestic passenger carrier for the wider industry. However, its success will ultimately be measured by execution.
Nigeria has had several conversations around expanding local aviation maintenance capacity over the years but the real game changer will be seeing a facility of this scale move from the drawing board to hangar floor, and importantly, keeping Nigerian aircraft at home for major maintenance.
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