AfDB Pledges USD 7 Billion for Nigeria's Aircraft Leasing Company

The African Development Bank (AfDB) is set to inject over USD 7 billion into the future Nigeria Aircraft Leasing Company. The Nigerian Minister of Aviation and Aerospace Development, Festus Keyamo, announced this on Tuesday, May 26, 2026, following a meeting held in Abuja with members of the Airline Operators of Nigeria (AON), the local carriers' association.


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