The League of Airport and Aviation Correspondents (LAAC) is gearing up for its 29th Annual Conference, slated for August 7, 2025, in Lagos, Nigeria. This year’s conference focuses on a critical theme: “Aviation Financing in Nigeria: The Risks, Opportunities and Prospects.” The event aims to delve into the complexities of securing financial resources for the aviation sector, exploring innovative investment models, access to capital, and effective risk mitigation strategies. This brainstorming session will bring together key players in the Nigerian aviation industry, including operators, stakeholders, and regulators, to collectively address the challenges and unlock the potential of aviation financing in the country. The conference also marks the release of a commemorative publication, “Celebrating Champions of Aviation Development,” honoring individuals, institutions, and states that have significantly contributed to the growth of aviation in Nigeria since 1999.
The choice of theme reflects the pressing need for sustainable financing solutions within the Nigerian aviation sector. Access to capital has long been a significant hurdle for airlines, airports, and other aviation-related businesses in the country. The conference seeks to provide a platform for open dialogue and collaboration among industry participants to identify and overcome these financial barriers. Discussions will revolve around identifying and mitigating various risks associated with aviation investments, exploring viable opportunities for attracting both domestic and international funding, and developing sustainable financing models that promote long-term growth and stability within the sector. The LAAC recognizes the importance of fostering a robust and financially sound aviation industry to support Nigeria’s economic development and connectivity.
The conference has attracted a distinguished lineup of speakers and participants. Gbenga Alade, Managing Director/CEO of the Asset Management Corporation of Nigeria (AMCON), will chair the event, bringing his extensive expertise in restructuring and finance to bear on the discussions. Dr. Gabriel Gbenga, Chairman of Sabre Central and West Africa, a renowned expert on airline economics and distribution, will deliver the keynote address, setting the stage for insightful deliberations on the conference theme. Festus Keyamo, Minister of Aviation and Aerospace Development, will grace the event as the Special Guest of Honour, underscoring the government’s commitment to the development of the aviation sector. Chris Najomo, Director-General of the Nigeria Civil Aviation Authority (NCAA), will also deliver a goodwill message, emphasizing the regulatory body’s role in fostering a safe and sustainable aviation environment.
A diverse panel of experts will lead the discussions, representing a broad spectrum of the aviation industry. This panel will include representatives from airlines, airports, fuel marketers, insurers, financial institutions, ground handlers, aircraft lessors, and tourism stakeholders. This diverse representation ensures a comprehensive and balanced exploration of the challenges and opportunities related to aviation financing. The panelists will share their insights and experiences, contributing to a rich exchange of ideas and perspectives. This collaborative approach is crucial for developing effective solutions and strategies to address the complex issues surrounding aviation financing in Nigeria.
The LAAC’s 29th Annual Conference promises to be a significant event for the Nigerian aviation sector. By bringing together key industry players, experts, and government officials, the conference aims to create a roadmap for sustainable aviation financing in Nigeria. The event will not only diagnose the challenges but also explore innovative solutions and strategies to unlock the vast potential of the aviation industry. The outcomes of the conference are expected to provide valuable guidance for policymakers, investors, and industry stakeholders, contributing to the long-term growth and development of the aviation sector in Nigeria.
The conference serves as a platform for networking and collaboration, fostering stronger partnerships and alliances within the aviation industry. The release of the commemorative publication, “Celebrating Champions of Aviation Development,” further enhances the significance of the event. By recognizing and honoring individuals, institutions, and states that have played pivotal roles in shaping the aviation landscape in Nigeria since 1999, the publication provides a historical perspective on the industry’s progress and inspires future generations of aviation professionals. The LAAC’s commitment to fostering dialogue, knowledge sharing, and recognition of excellence positions the conference as a pivotal event for shaping the future of aviation in Nigeria.
