Smart Adeyemi, Olatunde-Agbeja, Others For Aviation Insurance Confab.

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Insurance heavyweights are lined up to engage with Aviation and Logistics Stakeholders at the upcoming Aviation and Cargo Conference CHINET 21 in Lagos.

To Lead other speakers on “the Role of Insurance in Aviation Business” is Babajide Olatunde-Agbeja Chairman Boff & Company Insurance Brokers Ltd.

Also expected to grace the occasion as Special Guests of Honour are the Chairman of the Senate Committee on Aviation, Smart Adeyemi and his House of Representative Committee Counterpart, Nnolim Nnaji.

The conference is spurred by the growing concerns among Aviation Stakeholders that Nigerian insurance underwriters lack the Capacity to handle Aviation Business and also complaints of the high premiums paid by Nigerian Airlines to Foreign Insurance Companies which keeps rising every year because of presumed country risk issues.

Airlines claim that the high cost of insurance is passed onto the passengers and the Nigerian economy is also not benefiting from the prevailing system.

Olatunde-Agbeja brings to the conference, over 40 years of experience at the highest level of insurance brokerage and will be supported by leading insurance companies and their Chief Executives. The session on insurance will include questions and answers to effectively engage the players in the entire value chain of aviation.

With the involvement of more Stakeholders who are signing up for the Aviation, Cargo and Export Conference in Nigeria, the organisers say only registered delegates will be allowed into the venue because of the Covid-19 Protocols in Lagos State, stating that all delegates must register and receive their tag.

This is as the Nigeria Export Promotion Council (NEPC) the Apex Body in Charge of promoting export in Nigeria and the Nigerian Export Processing Zone Authority (NEPZA) will be making presentations on how exporters can be assisted to do more through aviation.

The gazetting of four Airports as Export Processing Zones bring to fore the importance of the Nigerian Export Processing Zones Authority NEPZA to the growth of Aviacargo in Nigeria.

According to the organisers of the conference, Ikechi Uko, Publisher of Atqnews and serial MICE, NEPZA will be at CHINET to showcase the opportunities available to investors at the airports. NEPC and NEPZA will be joining the Federal Airport Authority of Nigeria FAAN and Ethiopian Airlines as major partners of the first Aviacargo event in Nigeria.

The two leading Aviation Cargo and Logistics companies in Nigeria NAHCO and SAHCO will be major players at this event along with many Airlines, Logistics and global Financial Service companies.

According to the Organisers, the event, the First of its kind is coming up on the 25th and 26th of August 2021 in Lagos.

Since 1935, Aviation has been growing in Nigeria. With so many airlines and airports, it is expected that Aviation should and would contribute more to the nation’s economy.

The Conveners of this Event Atqnews a Global Pan African Travel News Organisation says that the Conference is Long Overdue. It says in its Introductory message that “Nigeria, a country with over 200 million resourceful people depends a lot on imports which has been eroding the national wealth.

A lot of airlines bring freighters fully laden daily to Nigeria and most of them fly out empty. There is therefore a need to reverse this dysfunctional scenario. Nigeria needs to export more and Aviation should be the key to increasing exports.

To this end Atqnews seeks to convene an annual conference that brings all potential Exporters, Cargo managers, Logistics firms, Airlines, Airports, Customs and everyone in the Aviation and Cargo ecosystem to chart a pathway that enables Nigerians to export more. As the importance of oil wanes, the value and volume of non-oil export should be growing and aviation should be driving it.”

The Conference which will have an Exhibition part will be broken into three parts over two days, Aviation, Cargo and Exports. The Aviation aspect will have a Presentation and Panel Discussion on ‘Airlines, Airports and Aviation’ Experts including Airline CEOs, past Airport CEOs and Aviators will discuss the reasons why our Airlines and Airport Systems have not Delivered the Best Possible Outcomes for Aviation in Nigeria.

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