The Impact of Deregulation and Liberalization in the Nigerian Air Transport Industry: An Overview
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Date
2011
Authors
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Journal ISSN
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Publisher
Journal of Air Transport Studies
Abstract
The effect of globalization is fast showing its attendant effects on the Nigerian aviation
industry leading to an increase in passengers’ traffic movement in Nigeria’s airports. More
importantly, there seems to be a paradigm shift which affects ownership and administration
of operation in the Nigerian aviation industry. This study examines among others the impact
of deregulation and liberalization in the Nigerian air transport industry; the effects of the
latter on operation and control changes that affect operational efficiency in the airline
business; and the impacts of liberalization on attracting foreign direct investment and
foreign airline participation in the Nigerian aviation industry. The methodology used for this
study is documentary research, which entails search of existing published and unpublished
documents and databases of stakeholders in the Nigerian aviation industry and external
sources with affinity to the sector. The results of this study reveal that an unprecedented
growth has been recorded in Nigeria. It includes among others: healthy competition needed
for growth and development; increased participation in the industry by foreign airlines;
increased foreign direct investment in the airline business and airport infrastructure
development.
Description
Keywords
Deregulation, Globalization, Economic Growth, Infrastructure, Nigerian Air Transport, Foreign Direct Investment