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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Minister of Aviation and Aerospace Development, Festus Keyamo announced that the Nigerian aviation industry had a significant economic impact with a contribution of 117 billion naira to the country's gross domestic product (GDP) in the first quarter of 2022.
The Minister of Aviation and Aerospace Development indicated that the growth of the industry has contributed to job creation, benefiting various sectors. Indeed, the aviation sector is of great importance in Nigeria's economic growth and development. Data from the National Bureau of Statistics (BES) shows that the aviation sector contributed about 117 billion naira, or 4% of the national GDP in the first quarter of 2022; it supports around 200,000 jobs and pays about 8.5 billion niara in taxes
per year.
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