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Air Peace Begins Construction of ₦32 Billion Aircraft Maintenance Facility at Lagos Airport

Air Peace Commences ₦32 Billion Aircraft Maintenance Facility at Lagos Airport
Air Peace, Nigeria’s largest airline, has initiated the construction of a cutting-edge Maintenance, Repair, and Overhaul (MRO) facility at Murtala Muhammed International Airport (MMIA), Terminal 2, Lagos. The ₦32 billion project, covering 34,000 square meters, is anticipated to generate approximately 50,000 jobs and represents a pivotal advancement in the development of Nigeria’s aviation infrastructure.
Government Support and Strategic Vision
At the groundbreaking ceremony held on Wednesday, Air Peace Chairman and CEO Allen Onyema expressed profound appreciation to President Bola Ahmed Tinubu and Minister of Aviation and Aerospace Development Festus Keyamo for their unwavering support. Onyema emphasized the unprecedented level of government backing, remarking, “This marks the first time airlines have received substantial support, and we are grateful for the minister’s proactive approach in championing the growth of our industry.”
Onyema disclosed that Air Peace expended over ₦180 billion on overseas aircraft maintenance in 2024 alone, encompassing spare parts, logistics, and essential services. He underscored that the new MRO facility, developed with technical collaboration from Embraer, aims to curtail Nigeria’s dependence on foreign maintenance providers. The facility is expected to attract both domestic and international airlines, potentially drawing significant foreign investment into the sector.
Challenges and Industry Implications
Despite the project’s promise, it faces potential obstacles including regulatory compliance, competition from established maintenance providers, and possible delays in completion. The global aviation market is closely monitoring the development, with competitors such as Vietjet in Vietnam and ACI Jet in the United States likely to respond by expanding their own maintenance capabilities to preserve their competitive positions.
Nonetheless, industry stakeholders present at the event hailed the facility as a testament to Air Peace’s dedication to investing in Nigeria’s aviation sector and delivering world-class services. Minister Festus Keyamo highlighted the national importance of the project, describing it as “a national treasure that will require our collective support, protection, and dedication to ensure its survival.” He reaffirmed the ministry’s commitment to supporting local airlines, stating, “While some may criticise us, calling me Minister of Local Airlines, I view it as a badge of honour.”
Ifeoma Uz’Okpala, Executive Director Large Enterprises at the Bank of Industry (BOI), also expressed satisfaction with BOI’s partnership in the project, noting, “This project is a perfect fit for BOI’s mandate.”
Market Response and Future Prospects
Market reactions to the construction of the MRO facility have been predominantly positive, with a noticeable increase in investor confidence in Nigeria’s aviation infrastructure. As Air Peace advances with this initiative, the project is poised to strengthen the nation’s aviation industry, reduce reliance on foreign maintenance services, and position Nigeria as a regional hub for aircraft servicing.

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