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    Home - MarketForces News - Nigeria, Brazil to Review BASA Agreement
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    Nigeria, Brazil to Review BASA Agreement

    Olu AnisereBy Olu AnisereMay 7, 2025No Comments2 Mins Read
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    Nigeria, Brazil To Review Basa Agreement
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    Nigeria, Brazil to Review BASA Agreement

    The Federal Republic of Nigeria and the Federative Republic of Brazil are to review their existing Bilateral Air Services Agreement (BASA) to allow for immediate commencement of direct flight operations between the two countries.

    Mr Tunde Moshood, Special Adviser, Media and Communications to the Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this in a statement in Abuja.

    Moshood said the BASA review is part of the engagements of the minister who led a delegation to Brazil on official visit. He said Keyamo would have a special meeting with his Brazilian counterpart, the Minister of Ports and Airports, Sílvio Costa Filho, to review the BASA agreement.

    “This is to allow for the immediate commencement of direct flight operations between the two countries. “This historic initiative aligns with President Bola Tinubu’s Renewed Hope Agenda to boost regional connectivity.

    “It will also expand international trade, foster closer diplomatic and economic ties between Nigeria and South America,’’ he said. Moshood said the minister and the delegation had extensive discussions with Embraer on how they can support the nation’s aviation sector with their vast network of lessors and financial institutions.

    According to him, the goal is to empower Nigerian operators with the tools and partnerships necessary for growth and expansion. “The visit is a high-level engagement with global aircraft manufacturer and lessor, Embraer, at its headquarters in São José dos Campos, São Paulo State.

    “Embraer, a renowned leader in regional aircraft production, is collaborating with the Nigerian delegation to explore avenues for strengthening Nigeria’s aviation ecosystem. “This will be achieved through enhanced access to modern aircraft, favourable leasing options, and a network of credible financiers,’’ he said. #Nigeria, Brazil to Review BASA Agreement#

    Nigerian Treasury Bills Yield Falls Ahead of Midweek Auction

    BASA Agreement BRAZIL Nigeria
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