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Minister Keyamo Drives Innovation In Aviation Sector, Commissions Duty Free Store In Lagos Airport

by admin
July 5, 2024
in Business
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The grand opening of Dufry’s Duty Free store yesterday at the new Terminal 2 of Murtala Muhammed International Airport marks a significant milestone in Nigeria’s aviation sector. This event reaffirms the commitment of the Hon. Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, CON, FCIArb (UK), to enhancing customer experience and optimizing internally generated revenue (IGR) with a focus on nonaeronautical revenues.

Represented by Obafemi Bajomo, Special Adviser on Foreign Direct Investments and Capital Improvement Programs, the Honourable Minister highlighted the strategic importance of this development. Key stakeholders in attendance included Mrs. Olubunmi Kuku, Managing Director of the Federal Airports Authority of Nigeria (FAAN), and other FAAN management officials.

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The new Duty Free store spans 400 square meters and features self-service checkouts, offering a diverse selection of global and local products. This initiative not only enhances the passenger experience but also significantly boosts internally generated revenue. Avolta AG, a leading player in travel retail, celebrated this milestone, marking a significant expansion of its footprint in Africa.

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This development is part of the Honourable Minister’s broader strategy to attract foreign investments and elevate Nigeria’s airports to premier transit hubs. Mrs. Kuku expressed her enthusiasm, stating, “We are thrilled to announce Avolta as our strategic partner. This premium location is set to significantly elevate the passenger experience, offering unmatched service and convenience.”

The opening of the Duty Free store represents more than just a milestone for Avolta; it heralds a new era for Nigeria’s aviation sector. With ongoing support from the Federal Government and innovative advancements, foreign investors like Avolta are well-positioned to drive Nigeria towards becoming a global aviation powerhouse, embodying the vision of Renewed Hope. The future holds immense possibilities for the country’s aviation industry.

Tags: duty free storefestus keyamoLagos airport
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