Nigeria, 16 others begin test-run of single air transport market treaty | The Guardian Nigeria News - Nigeria and World News

Singapore News News

Nigeria, 16 others begin test-run of single air transport market treaty | The Guardian Nigeria News - Nigeria and World News
Singapore Singapore Latest News,Singapore Singapore Headlines

Nigeria and 16 African countries have agreed to begin implementation of the Single African Air Transport Market (SAATM), starting with the test-run of the initiative.

By the new agreement, the 17 countries, out 35 SAATM signatories, will fully open their air transport markets immediately to one another and without conditions.

While the Federal Government is planning the new national carrier to spearhead SAATM, local airline operators reiterated that they should not be shoehorned into continental aeropolitics that is allegedly designed to rip-off the Nigerian market in favour of bigger African airlines. Among the countries are: Cabo Verde, Côte d’Ivoire, Cameroun, Ethiopia, Ghana, Kenya, Morocco, Mozambique, Namibia, Nigeria, Rwanda, Senegal, South Africa, Togo and Zambia. All these States were adjudged to have domestic carriers eligible to participate in the SAATM.

A member of the Airline Operators of Nigeria yesterday, told The Guardian that the local operators were unaware of the test-run of SAATM. A recent continental study on the benefits of SAATM identified key benefits of SAATM implementation, including $4.2 billion additional Gross Domestic Product , 596,000 new jobs, 27 per cent reduction in fares and contribution to United Nations Sustainable Development Goals .

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 94%
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

GuardianNigeria /  🏆 1. in SG
 

Singapore Singapore Latest News, Singapore Singapore Headlines



Render Time: 2025-01-11 13:13:45