By Chiagoziem Abosi
Edited by Sunkanmi Adewunmi
A recent announcement by the Federal Government approving duty-free importation of aircraft and spare parts is generating excitement especially in Ikeja, where the Murtala Muhammed Airport remains one of Nigeria’s busiest business hubs.
The Minister of Aviation and Aerospace Development, Festus Keyamo, said the policy is designed to reduce costs for airlines and boost local aviation operations. But beyond the airline companies, many businesses in Ikeja stand to gain from the ripple effect.
From hotels to logistics firms, car hire services, caterers, and equipment suppliers, thousands of residents depend on airport activity to make a living.
“Whenever airlines increase their operations, we feel it immediately,” said Jude Nwankwo, who manages a shuttle service between the airport and Opebi. “More flights mean more passengers, and that means more business.”
The removal of import duties on spare parts could also encourage more maintenance work to be done locally, creating jobs for aviation technicians and engineers. Ikeja, being home to several maintenance hangars and technical schools, could see renewed demand for skilled labor.
According to aviation analyst Temitope Adebayo, the move could also improve airline safety and reliability.
“When spare parts are more accessible and affordable, airlines can maintain their fleets more regularly. It’s good for the industry and good for travelers,” he explained.
Still, there are concerns about whether the duty-free system will be managed transparently. In the past, similar policies were abused by importers who diverted goods or underreported shipments.
“The success of this policy depends on strict oversight,” noted Adebayo. “It should help the aviation sector, not open new loopholes for corruption.”
For now, the atmosphere in Ikeja is cautiously optimistic. From Ajao Estate to Airport Road, business owners are hopeful that this new policy will bring renewed activity and perhaps signal a fresh start for Nigeria’s aviation industry.
As one hotel receptionist near the domestic terminal put it:
“If the planes keep flying, we’ll keep smiling.”
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