Breaking News
Translate

Nigeria signs MoU on aviation with D-8 group

Nigeria has signed a Memorandum of Understanding (MoU) on aviation with D-8 member-countries.

The Permanent Secretary of the Ministry of Foreign Affairs, Dr Martins Uhomoibhi, made the disclosure while speaking with newsmen on Friday after a closed door meeting of D-8 Commissioners in Abuja. He said that Nigeria had assented to comply with international aviation standards by signing the MoU.

He said: “Nigeria by signing that agreement joins a number of other D-8 countries in affirming the determination of our country to be part of a civil aviation security system. A system that would guarantee safety for us, that would guarantee more routes for us, that would guarantee that we comply and meet with international global standards in the aviation industry.”

Uhomoibhi, who is the Commissioner representing Nigeria in the D-8, said that the commissioners also discussed the global vision and charter of the group. He said the group discussed the terms of reference of its joint investment fund, including whether or not to create a fund to boost development among the member-countries. Uhomoibhi emphasised that the D-8 was essentially an economic organisation which would make a difference in the lives of its member-countries.

“We are very confident and assured that the D-8 is on a firm-footing and that the spirit is high among the members to ensure that this organisation makes a difference in the lives of the close to one billion people represented by it,” he said. Dr Widi Praktikto, the Secretary-General of D-8 countries, in a remark, said that cooperation among the member-countries in terms of transportation had received a boost.

He expressed the hope that with the signing of the MoU with Nigeria, more routes would be opened and trade would be enhanced among the member- countries.

He said: “Now the trade among the D-8 countries is about 6.5 per cent. We would like it to increase to about 18 per cent in 2015 and transportation is the main part of increasing trade.” D-8 is the Group of Eight Developing Countries coming together to form an economic development alliance. The group comprises Nigeria, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Pakistan and Turkey.


Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.