01 Dec 2022, 1:20 AM (GMT)

COVID-19 Global Stats

648,158,056 Total Cases
6,640,940 Death Cases
626,037,795 Recovered Cases
HeadlinesNews

FG To Partner Hungarian Company To Produce Airplanes In Nigeria

The Federal Government on Tuesday expressed its readiness to partner with the Magnus aircraft Manufacturing industry in Hungary to establish an assembling plant and begin to manufacture in Nigeria from start to finish before the end of the Buhari administration.

The Minister of Aviation Senator Hadi Sirika expressed the interest when he paid an inspection visit to the Magnus Aircraft Industry in Pogany, Hungary.

 Sirika explained that “if we venture with them, we may start with assembling plants and later manufacturing”, adding that the Magnus aircraft is an aeroplane that is good for Military training, has an aerobatic manoeuvre and is made of fully composite materials, high strength and very lightweight.

Aerobatics is the practice of flying manoeuvres involving aircraft attitudes that are not used in normal flight. Aerobatics are performed in airplanes and gliders for training, recreation, entertainment, and sport.

ALSO READ: JUST IN: Bandits Attack Nigerian Defence Academy Headquarters, Kill Two Officers

Sirika further said he was very satisfied with the features and more than willing to facilitate the production of the aeroplanes in Nigeria, saying one of the significant features of the Magnus aircraft is that it uses normal car petrol and outperforms any training aircraft of its kind”

The Minister who was at the facility on the invitation of the Company, said the proposed partnership with the aircraft manufacturer will be subjected to further analysis to verify the market and government willingness to partner with a significant amount of money and logistics.

He emphasized that the local production of aircrafts in the country will facilitate the growth of Nigeria as a regional aviation super power as it will also come with maintenance and repair facilities that will attract patronage from neighbouring countries.

According to him,  the present administration has created an attractive environment for international investors in Nigeria,  especially in the aviation sector,  with the ongoing implementation of the development roadmap which places emphasis on public private partnerships.

Nadula Tax Return Season Sale under $200 wigs, beginner friendly & quick install

Advertisements

Lagos Post Online

Publisher, Lagos Post Online, Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice. Mobile: +238025837037 Email: lagospostng@gmail.com

Related Articles

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker