Hungarian Firm  To Manufacture  Aircraft In Nigeria

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FG To Partner Hungarian Firm To Produce Airplanes In Nigeria – Independent  Newspaper Nigeria
 
 
 
The Federal Government  is partnering with the Magnus Aircraft  Manufacturing Industry in Hungary to establish an assembling plant and begin to manufacture same in Nigeria before the end of the  administration of President Muhammadu Buhari .
 
 
 
 
 
 Senator Hadi Sirika, the Minister of Aviation, disclosed this when he paid an inspection visit to the Magnus Aircraft Industry in Pogany, Hungary.
 
 
 
 
He explained that “if we venture we them, we may start with assembling plant and later manufacturing”, adding that the Magnus aircraft is an aeroplane that is good for Military training, has an aerobatic manoeuvre and is made of fully composite materials high strength and very lightweight.
 
 
 
 
 Sirika further said he was very satisfied with the features and more than willing to facilitate the production of the aeroplanes in Nigeria, saying one of the significant features of the Magnus aircraft is that it uses normal car petrol and outperforms any training aircraft of its kind”
 
 
 
The Minister explained  that the proposed partnership with the aircraft manufacturer will be subjected to further analysis to verify the market and government willingness to partner with a significant amount of money and logistics.
 
 
 
 
 
According to him,the local production of aircrafts in the country will facilitate the growth of Nigeria as a regional aviation super power as it will also come with maintenance and repair facilities that will attract patronage from neighbouring countries. 
 
 
 
 
 
He added that the current administration has created an attractive environment for international investors in Nigeria,  especially in the aviation sector,  with the ongoing implementation of the development roadmap which places emphasis on public private partnerships.
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