Nigeria’s compliance with the Cape Town Convention (CTC) has received a significant boost after the federal government signed the CTC Practice Direction. The country’s compliance score jumped from 49 percent to 70.5 percent, according to the Aviation Working Group (AWG), co-chaired by Boeing and Airbus.
The AWG, a global legal entity comprising aviation stakeholders, credited Nigeria for the “time, effort, and skill” invested in aligning its policies with CTC obligations. “Based on that important legal development, AWG has swiftly and materially increased the Nigeria CTC compliance index score from 49 to 70.5,” said Jeffrey Wool, AWG’s Secretary-General.
This development followed the signing of the Practice Direction by Justice John Tsoho, Chief Judge of the Federal High Courts of Nigeria, during a stakeholders’ meeting chaired by Vice President Kashim Shettima.
The new regulations are expected to improve confidence in Nigeria’s aviation sector by aircraft lessors. “This is the largest score Nigeria has attained to date to give comfort to financiers and the leasing world,” said Tunde Moshood, Special Assistant to the Aviation Minister.
Further increases in the score are anticipated as Nigeria adjusts its administrative rules, aiming to strengthen trust within the global aviation community.
—Ezinwanne Onwuka reports for TruthNigeria from Abuja.
